Sell Signal for EurJpyHello, I'm looking to sell this trade after it breaks that HH that is on lower time frames.
Last week there wasn't much for me to trade or that I felt sure so I took a break.. I did trade on AUDCAD for 50 pips in the last couple of days but decided to not post it.
This has been super bullish for the past week I'm looking for this reversal but again I'm only going to enter if BOS occurs.
This is a Trade that I'm looking to BUY or SELL:
BUY/SELL: SELL
ENTRY: EurJpy
Lot size: 2-3%
Stop Loss:133.500 (20Pips SL)
TP1:132.900
TP2:132.540
TP3:(SWING)
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Futures, Options, and Currency trading all have large potential rewards, but they also have large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these markets. Don’t trade with money you can’t afford to lose. Past profits do not guarantee future results.***
Eurshort
EURUSD ShortEURUSD has reached support(red), but since DXY has been making higher highs on the daily I am bearish on EU so I am expecting it to breakdown from the red key level then the green support level and finally go retest the orange trend line to form a lower low. Please let me know what you think in the comments and follow me if you want to see more of my simple but profitable setups
Russian Ruble - Higher Inflation data to trigger RUBLE Buying Fundamentals
Today's Russian inflation data could increase market bets of an interest rate hike by the Russian central bank in August.
Against low-interest-rate yielding currencies like the U.S Dollar and Euro, we could see a stronger Ruble as long as the risk of U.S sanctions on Russia does not persist.
Key Points:
Russia’s inflation currently stands at 5.50%.
This overshoots the central bank's inflation target of 4.00%
Markets betting on a rate hike by the Russian Central Bank August from 5.00% to 6.00%
Russian 10 Year Bond Yield sits at 7.20%.
Higher Inflation data could push up bond yields are cause the currency to strengthen.
What To Watch
Russian Employment Data & Unemployment Rate
Oil Prices
Inflation Rate
Trade Idea’s
Higher Inflation - Buy RUB
Technicals
RUB at major support levels against EUR @ 88.00
RUB at major support levels against USD @ 72.00
ATR Volatility
USD/RUB 5.64%
EUR/RUB 5.17%
EURUSD, non stable short now (correction done).Hi friends. EURUSD want going upper for a small distance i think 1.2162 is good chance for bulls. But now we will have a subcorrection for thi small growth and will see what can bring market future ... Target for bears 1.2110, 1.2077. Target for bulls - transit level 1.2162.
Levels thanks to X-Lines script. Follow me. I will update trade can change in any time.
analysis EURUSD#107
sell range: 1.21367
Targets: 1.21252- 1.21137- 1.21022
Stop loss The first goal: the profit to loss ratio is 1: 1 (1.21482)
If the first target is touched (close one third of trades)
Stop Losses Second and Third Objectives: 1.21367(Entry Range)
, If the second target is touched (close another third of trades)
And if the third target is touched (close the deal)
analysis EURUSDSales range: 1.18950
Targets: 1.18780-1.18610- 1.18440
Stop loss The first goal: the profit to loss ratio is 1: 1 (1.19120)
If the first target is touched (close one third of trades)
Stop Losses Second and Third Objectives: 1.18950(Entry Range)
, If the second target is touched (close another third of trades)
And if the third target is touched (close the deal)
analysis EURUSDSales range: 1.18549
Targets: 1.18232-1.17915- 1.17598
Stop loss The first goal: the profit to loss ratio is 1: 1 (1.18866)
If the first target is touched (close one third of trades)
Stop Losses Second and Third Objectives: 1.18549(Entry Range)
, If the second target is touched (close another third of trades)
And if the third target is touched (close the deal)
analysis EURUSDsell range: 1.18181
Targets: 1.18061- 1.17941- 1.17821
Stop loss The first goal: the profit to loss ratio is 1: 1 (1.18301)
If the first target is touched (close one third of trades)
Stop Losses Second and Third Objectives: 1.18181(Entry Range)
, If the second target is touched (close another third of trades)
And if the third target is touched (close the deal)
Eurusd multiple analysis says we are going south Welcome!
What's up traders! Thanks for Jumping on my Analysis, 👨💻 Hit the thumbs up 👍 and support the work.
Follow the trade plans and notes. Make up your own trade setup and make sure you meet with the required confirmations first, before you make your move!
Traders Disclaimer: None of our analysis or trade setups which is shared here on the trading view is trading advice.
Trade Setup
First scenario
i) After this long uptrend now the market is clearly in the distribution process.
ii) The red lines indicate the distribution process on the chart. Notice that the last two tops are decreasing (yellow line). This confirms that the market might be distribution at this point.
iii) To complete the Wyckoff spring it can break the yellow line at point W ( 1.1965) or above previous resistance 1.20 point X.
Second scenario
iv) we have head and shoulder pattern at daily TF and break below the neckline and the restest of the neckline can give us a better short position.
Most importantly we have NEW COT reports which clearly shows big banks and institutions have closed their 32k long position from the last three weeks. 11k is last week, so next week we can see
downtrend, towards monthly 38% fib 1.13 ..
please comment if you have a better idea. Hit the thumbs up 👍 and support the work.
Potential Short Position on EUR/GBPPrice is overall moving in an ascending channel, however, price has broken downwards of the 200EMA with strong bearish momentum. It appears that the price will continue to weaken as the EURO is also weakening to the Dollar currently (see attached chart). As this trade is against the general trend, looking for extra confirmation alongside the bearish momentum such as a retest of the area of resistance should be seeked before entering this short.