EURO-USD
EURUSD 19/09/2019Hello Traders!
We play with Smartmoney concepts, that means that we look mostly on PA to determine what will happen in future.
As we all know, price is moved by BIG players: Banks, Institutional traders, HFT bots (we call them all of them SM).
They can't play as we do, cause of a HUGE lot sizes, so cause of that they need to SELL to BUY and BUY to SELL for positioning them self in the best possible spot.
If u were learn about trading from free and accessible knowledge, u probably heard about BUYing LOW and SELLing HIGH?
So SM must BUY LOWER and SELL HIGHER :)
We as retail traders are just a small fish in this ocean, so we need to catch the waves which are created by SM.
CHARTS AGENDA:
SM - SMART MONEY
PA - PRICE ACTION
HEC - HIGH ENERGETIC CANDLE (LAST OPPOSITE CANDLE BEFORE MOVE) <- SM MUST SELL TO BUY AND BUY TO SELL :)
BITCOIN SIGN - MONEY POCKET (SL, BUY STOPS, SELL STOPS) - EQH - EQUAL HIGHS / EQL - EQUAL LOWS
BLACK ARROWS ARE ABOVE AND BELOW THESE MONEY SPOTS POINTING FUTURE TARGET
BLUE LINES - ENTRIES WITH SMART MONEY MITIGATION MOVE - SNIPER ENTRY FOR US
BLACK LINES FOOT PRINTS - SPOTS ON CHART WHERE SMART MONEY SHOULD COME BACK TO GET OUT OF THEIR POSITIONS IN DRAWDOWN (SM MUST SELL TO BUY AND BUY TO SELL) - POTENCIAL SNIPER ENTRIES
BLACK BOX - GAP's (IPA - INSUFFICIENT PRICE ACTION) - SPOTS ON CHART WHERE PRICE MOVED TOO FAST, AND LEFT SOME "WHOLES" IN PRICE ACTION WHERE ALGORITHMS WHAT TO COME BACK AND FILL IT BY "HEALTHY" PA.
If u have any questions feel free to ask:)
GOD BLESS U ALL!
EUR USD Long IdeaFirst low of August was raided as September opened up
&
Price moved back above old low . We've had a Break in Market Structure to the upside, this tells me as next week opens up we will fill the void that was left as price shot up
and go back up
EURUSD forecastMy last analysis on this pair was right and now EURUSD reached 1.11 support/resistance zone. With this move the price has broke out the H4 chart downtrend line and arrived to 38.2% fibonacci zone. On this level the RSI is high(70%), so i think the price don't break this resistance for first try, so we can wait a little reduction before the breakout. If the breakout will happen the next support/resistance is at fibonacci's 50% (1.116)
EURUSD | Strong Support Area!Hi,
EURUSD has started to approach an important area. The strongest support level just below the current price. If you are already on the "Short" side then this could be the area where you want to take out your profits but if you consider short-term buying EURUSD then there could be your chance.
Why this is an important area?
Because:
1. There is a historical trendline since 2017 November. It has worked three times as support and probably the fourth touch is not an exception. The following criteria make this area even stronger.
2. There are two Fibonacci Extension 127% levels
3. There are two AB=CD patterns. Both patterns D point is exactly inside the blue box.
4. There is the round number 1.1000
5. The blue short-term minor trendline "runs" through the marked bounce area which should work as a support.
6. Wait for a bullish candlestick pattern on the 4H timeframe from the marked blue box.
7. Since 2018 August, we have also RSI DIvergence on the Weekly. It is just a little confirmation/sign.
Markets are a bit risky but the area is capable to produce some short-term bounce.
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
EURUSD moves to Support/Resistance ZoneThe price moves down to Support/Resistance Zone.
It's possible Buy opportunity if the price will make a fake breakout of 1.08391 and daily candle will close above this level.
EURUSD 1.1050 in focusThe euro has seen a pick-up in selling against the greenback, as traders continue to sell any moves above the 1.1100 resistance level. If weakness persists we are likely to see the former weekly low come into focus, with the 1.1020 level the foremost weekly support zone below. Buyers need to move price above the 1.1130 level, although bullish sentiment currently appears fairly weak.
If the EURUSD pair trades below the 1.1110 level, sellers may test towards the 1.1050 and 1.1020 levels.
If the EURUSD pair trades above the 1.1110 level, bulls may test towards the 1.1130 and 1.1160 levels.
EURUSD potential 300 pips declineThe EUR/USD currency pair has been trading in a long-term descending channel pattern.
Currently, the pair is located near a significant resistance level at 1.1114.
If this resistance line holds, a possible 300 pips decline could occur during the following trading sessions.
EURUSD H4Price has made a false breakout to the downside of the consolidation box on Friday. Price then went down to test the long term trendline where then a bullish reaction took place after trapping sellers. A powerful move up from there making a bullish engulfing to break through resistance (61.8 fibonacci retracement), along with the box region to the upside. Will be watching for a pullback towards previous resistance (blue zone) to test as new support for then a further push higher.
Updating my public analysis via telegram, to follow live updates throughout the week feel free to join my free channel :)
t.me
EURUSD BULLISH BREAKOUTLast week we spoke of the potential for EURUSD to bounce from the previous structure highs.
Now the price has done this we could expect the bullish breakout pattern to complete. A break
of the highs at 1.1250 will be needed in order to sustain mid-term long opportunities. The EURO has gained
on the strength scales and with the USD likely to weaken this chart looks set to move higher.
EURUSD from 1994i think rate =1010647 is best point for buy . price should re test lowest of major chart.
EURGBP is close to 2-Years High!!!The price is approaching to 2-Years High 0.93065.
We can open SELL in Zone after fake breakout of this High.
Potential profit will be in 3...10 times bigger than risk.
Buy EURUSD for a 30-100 pip movefundamentally weak USD paired with a rallying Euro. This will influence other EUR pairs.
My earlier posts were deleted because I advertised on accident. 80% of my original posts all hit TP.
Bearish weekly outlook - drop to 1.09217 (yearly S1)Weekly analysis...chart says everything. Chikou span is in free fall. Price was stalled at weekly pivot support S1 (yesterday´s day candle, pin bar) - I didnt plot weekly pivots here, you cant see it. It might bounce up to weekly or monthly pivot (area btw 1.11276-1.11696 i.e. max 20-64 pips up next 1-3 days) and then we will see a drop of ca. 220 pips in second part of the coming week. 116.81 would be a perfect entry for a massive drop. Price already retested the middle yearly pivot line (forming an evening star). EURCHF analysis confirm bearish EURO trend.
EUR/USD Long [H4]Over all I think its time for eurusd long. Now great possibility for a long entry with a very good risk/reward. Double bottom rejection. Target could also be higher than drawn in the chart.
Enjoy & ask :)
