A breakdown of EUR/USD with potential scenarios for both the up and downside. The blue box indicates the criteria for entry with 4/5 requirements needing to be met before entry, this method cuts losses and gives a clear structured way to enter trades that can be back-tested. Good luck!
SSI: THE SPECULATIVE SENTIMENT INDEX till now is -1.6053 RSI: 38 on 1h.... 53 on 1d Sell positions can be made at price of 1.1150+ The exit of the market can be done at level 1.1030, waiting for a small reflection from this point and sell again till 1.0976 if the market breaks this level next levels are 1.0954 and 1.0919.
Hey All, we are bullish EUR/USD. If you would like exact price entries and exits, email me to get on our Preferred List. Looking for at least 100 pips from this long . email: ultimategood@gmx.com
Yeah I know it's bearish. The dollars is king! Read the charts, if it starts to mumble come back later when your both on the same page hahaha. Enjoy your trading. Please like and comment, thanks
Hello Traders, Looking at the EURUSD pair we have a Wolfe Wave that just completed at point 4. Looking at the 1-4 line trajectory we can see that it has acted as an anchor throuhgout the formation of this Wolfe Wave. I'm looking at 5 and potentially 5' to complete. If we see completion at point 5 look for the 1-4 line as your exit target. If we make a lower AND...
EURO/USD may go down until the end of April if the pattern is not broken of course. Use the screenshot below to reajust the chart:
It seems that the 72 angle has an effect. We could go down to around 1.1145 and bounce back to around 1.1246 (1.121 may be the resistance) then go down again to around 1.10789. Use the screenshot below to adjust the chart scale:
Experimenting on 30 min timeframe. It looks like it is going to hit the 108 angle and will go down 1.12232 Use the screenshot below as a visual guide to reajust the scale:
A buy set up is now in motion. Once price pulls back towards 1.11 and selling becomes exhausted price is then likely to begin rising towards the previous highs around 1.14. I am seeking a buy entry on a 4HR candle around the 1.11 once price action presents a signal candle.
That was quick. the EURO just blew through our trigger without stopping. The swings are crazy. We are nixing our trigger trigger zone and will wait until close of today to determine next opportunity.
He giveth and taketh away. Uncle MARIO laid another turd this morning sending the EURO straight down. The euro zone is in deep trouble and there is no reason to believe it will get better anytime soon. We are shorting pops.
Target is 61% fibo weekly trend: bearish Going down from stong resestance (daily and weekly)