Euro-dollar
EURO_DOLLAR TRADING PLAN EXPLAINED|4:1 RISK-REWARD
EUR_USD has found a support at the previous lower low level and has broken the falling channel resistance level.
The breakout is confirmed and so we are all aiming at a long trade.
For a long trade, we need a pullback from the current highs , and then we go long from the level that you can see on the chart.
A great trading opportunity with the first target offering 2.5/1 risk reward ratio.
Thanks for watching!
Like and Subscribe to never miss a new video!
See you then!
EUR/USD bearish on the 4H timeframeHello guys ,my previous EUR/USD analysis worked out pretty well we hit the TP for 220 pips. I made the call in the 1H timeframe, AND looking at the 4H timeframe currently I think possibly we could see a downward continuation of the price until the 1.1285 level.
What are your thoughts........?
EURUSD - Potential sell re-entry EURUSD rejected the 0.618 fibonacci retracement level + descending channel resistance.
The market broke down below the pullback support.
Potential retest of flip trendline resistance + fibonacci retracement levels.
Sell re-entry at confirmed bounce off the retest ⬇️.
EUR/USD 🇪🇺 🇺🇸 to rise up to the 1.17616 local support level.EUR/USD 🇪🇺 🇺🇸 is moving within the symmetrical wedge with the pretty wide Bollinger Band volatility. The price is testing the ascending bottom trendline , and according to the oversolds and the Golden Cross is going to rise and test the 1.17616 local support level.
If you like the idea PLEASE don't forget to hit the LIKE 👍👍👍button
Also share your thoughts and charts here in the comment ⌨️ section.
EURUSD At Channel Pattern Support for Long.EURUSD has given a downside breakout from the Descending Triangle Pattern, which is formed at the resistance level (as shown in chart). According to chart pattern analysis, We might see a small upside correction move from trend line support towards resistance. One can initiate a long trade with a risk management system and stop-loss.
Thank You.
EUR/USD UPDATE!! price moving down We had a good entry at the start of the week. Now we are seeing price is finding support at the trendline but overall things are looking down on the technical side of things.
Here is what I think will happen :
Price is going to find resistance at the upper trendline and come down but most likely only going to start really moving down where we see the 2 trendlines crossing each other..
Let me know what you think in the comments below...
EUR/USD 🇪🇺 🇺🇸 to FALL!EUR/USD 🇪🇺 🇺🇸 was rejected by the 1.18639 lvl and formed the Double Top pattern. The bearish cross of 25&50 ma and the rejected swing at the ROC suggest that the pair is going to break the 1.18067 levle and decline down to the test of 1.17915.
If you like the idea PLEASE don't forget to hit the LIKE 👍👍👍button
Also share your thoughts and charts here in the comment ⌨️ section.
Fascinating Oscillation on EUR/USD Results in Price Reversal!Hi everyone, let's review some fascinating price behavior here on EUR/USD based on the weekly seasonality.
Funnily enough, I spotted this behavior last week and already provided a chart with a similar idea. I kept mentioning how the price trend reversed over the weekend and suggest a trade that went along with the trend anyway. My own chart got used against me and the price reversed beautifully according to the behavior and did not follow the trend at all.
In this idea I learn from that mistake and suggest a price reversal trend trade set-up. Every major shift in price trend has started exactly after the weekend.
We have an excellent opportunity to use this information and trade it to our advantage! If you spot the reversal soon after the week starts, you can safely place your positions and trade along with the trend until the week is over.
I suggest to wait after opening to get a confirmation of the move (again, nothing sudden is happening so you will be on time even a few hours later) and then trade according to the direction.
Follow me for consistent high quality updates, with clear explanations and charts.
Please like this post to support me.
- Trading Guru
--------------------------------------------------------------
Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
EURUSD: Indecision & Paralysis
hey guys,
still not clear where EURUSD will go next.
the price is still stuck within two major trend lines and for now, it consolidates within an expanding decision range.
the problem is that we can never know how long the price will trade within.
the timespan is unknown.
to catch the next swing move I would wait for a violation of that range either to the upside or to the downside.
for intraday traders, both lines serve as very good points to sell/buy from.
let's wait for the decision and then just act accordingly!)
EURUSD: Important Decision Ahead
hey traders,
EURUSD is currently trading within a very peculiar zone:
its upper boundary is based on the major rising trend line that the price broke in September and that currently serves as the resistance.
its lower boundary is based on the major falling trend line that the price has violated yesterday and that currently serves as the support.
for now, I see two equally possible scenarios:
either we close above the upper boundary of the zone and continue growing to 1.1935 level
or we drop below its lower boundary and initiate a short rally at least to 1.1705
for now it is hard to say exactly, which side the pair will select.
so I prefer to wait.