EURRUB | A Possible Mid-Term BUY Area.Hi,
Slowly I start to add some mid-term (weeks, months) trading & investment opportunities into my TradingView account.
The first one which looks technically pretty nice is EURRUB. Pretty soon you can start building your long position on EURRUB and it starts from the round number 70. Obviously, do your own research, read fundamentals and etc.
Technical criteria are:
1. Previously worked resistance becomes support.
In 2017, this level worked 2 to 3* times as a resistance level. Actually, it has worked also as a support level - in 2016 July and 2015 October-November
2. The round number 70 should act as a support level
3. The black trendlines make this wide support area much stronger
4. Weekly EMA200 acts as a support level.
5. Minor trendline (blue) third touch matching exactly with the blue box. This minor trendline is also a lower trendline from the bullish chart pattern "Falling Wedge". It is just information because patterns are only then valid when the breakout has occurred!
6.(!) Wait for a bullish candlestick formation to be more secure.
As said, do your own research and if this matching with mine then you are ready to build your long position!
Please, take a second to support my effort by hitting the "LIKE" button, it is my only fee from You!
Best regards,
Vaido
Euro-trading
EURNZD | Scalp OpportunityHi,
EURNZD is on the grossing area and it could be a spot where you can do some short-term scalps.
Short-term & scalps; because the price increase has been pretty sharp but still, the area should produce some short-term reversals.
So, take it as a risky trade and you can wait for a rejection from the smaller timeframes.
Do your own research and if this matching with mine then you are ready to go!
Please, take a second and support my effort by hitting the "LIKE" button, it is my only fee from You!
Best regards,
Vaido
EURNZD | Short-Term BuyBlue box/buy box criteria:
1. ABC Equal waves point C
2. Fibonacci retracement 38%
3. Previously worked support
4. Channel projection
5. Fibonacci Extension 127%
6. Round number 1.70000
7*. 4H EMA200 just below the box (1.69817)
8*. 2012 High below the support (1.69739)
9. To be more secure and if the price falls lower than the marked box then wait for bullish candlestick patterns from the EMA and from the 2012 high level.
"If you asked me to distill trading down to its simplest form, I would say that it is a pattern recognition numbers game. We use market analysis to identify patterns, define the risk, and determine when to take profits. The trade either works or it doesn’t."
– Mark Douglas
Feel free to support my idea post by hitting the "LIKE" button, it is my only fee from You!
Have a nice day,
Cheers!
Long On EUR/USD BUY BUY BUY !!!Reasons for
-After huge move and break out of box range a week ago price has risen and become very bullish
-Therefore i believe it will continue to rise till 1.15000
-To confirm is bullish strength it has made higher highs
-And higher lows
-Creating a structure
-Also on the four hour we can see a long bearish wick to a downside which shows more buyers then sellers
-Then the next candle after that is a strong bullish candle to confirm the bullish momentum
-We also broke our key level to the upside 1.1000 so it adds to the bullish setup
If we go to the daily
We are clearly making higher highs and long term is very bullish after we broke the key level
alot of people have anticipated 1.11500 for a long time and now the dollar is weak this would be the perfect time
altho im already long from 2Pm for a news setup i had and currently in nice profit id advise people to go long now as it would be the perfect time
Trade safe only risk 1-3% per trade :)