This is an update on my December 04 idea: The Channel Up is holding well and as the 4H MA50 (blue trend-line) continues to provide Support, the next Higher High target becomes 1.2300. See how the MACD is replicating the exact same sequence of the previous Higher High leg. ** Please support this idea with your likes and comments, it is the best way to keep...
Pattern: Channel Up on 4H. Signal: Sell towards the 4H MA50, as the MACD made a Bearish Cross almost exactly where it made its November 09 Cross. Buy once contact is made. Target: 1.2200. ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **...
Last time I showed why EURUSD was bullish both on the 1D time-frame (targets were 1.1900 and 1.2000) but perhaps more importantly on the 1W time-frame where the post March 2020 price action resembles that of the 2017 rise: Right now I focus on the 4H chart, where despite of the wider (rough) Ascending Triangle and its dominant Higher Highs trend-line, we have...
This is a cross time-frame study of EURUSD. Last time I talked about the importance of the 1 month profit taking zone of 1.1900 - 1.19200 and we've seen so far the selling accumulation of this level as it has been holding as Resistance for almost 2 months. Th bright side on the short-term (1D chart on the left) is that the 1D MA50 is holding and as long as it...
Pattern: Potential Ascending Triangle (Higher Highs on flat Support). Signal: Buy as the price rebounded exactly on the 4H Golden Cross with the MA50 so far supporting. The MACD is also on a Bullish Cross. Target: 1.1900 (if the 1.18420 Resistance breaks) and 1.2000 (if the 1.1920 Resistance breaks). Recent EURUSD idea: ** Please support this idea with...
EURUSD is trading within a long-term Channel Down on the 1D chart (left) that made yesterday a Lower High and a Channel Up on the 4H chart (right) which has just crossed its Higher Low trend-line. It is hard to know which of the two pattern will prevail (i.e. the 1D Channel Down with its Lower High rejection will break the Channel Up downwards, or the 4H Channel...
Pattern: Channel Down on 4H. Signal: Sell either on the key trend-line (dashed) or on the Lower High trend-line of the Channel Down. Target: 1.16250 (Lower Low). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** !! Donations via TradingView coins also help me a great deal at posting more free...
Pattern: Head and Shoulders on 4H. Signal: (A) Bullish as long as the price trades above the 4H MA50, (B) Bearish if it breaks below. Target: (A) 1.1950 (right below the neckline of the H&S), (B) 1.1770 (right above the Support). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** !! Donations...
Pattern: Channel Up on 4H. Signal: Buy as long as the Higher Low trend-line holds. Target: 1.2000 (the current Resistance). Most recent EURUSD signal: ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** !! Donations via TradingView coins also help me a great deal at posting more free...
Pattern: Channel Up on 4H. Signal: Buy on a recurring pattern based on the MACD. Target: 1.1960. ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
Pattern: Channel Up on 1H. Signal: Buy as the pattern touched the Higher Low trend-line of the Channel Up. Target: 1.2050 (just below the +1.60% Higher High extension). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** !! Donations via TradingView coins also help me a great deal at posting...
Pattern: Channel Down on 1D. Signal: Sell as the price was rejected on the 1D MA50 (blue trend-line) after making a Lower High on the Channel Down. The MACD is starting to reverse. Target: 7.43700 (-0.21% decline from the Lower High). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** !!...
Pattern: Emerging Channel Down on 4H. Signal: Sell as both the RSI and MACD are descending, repeating the June Channel Down sequence. The price is also clearly below the 4H MA50. Target: 1.16500 (-2.25% from the top) ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** !! Donations via...
Pattern: Triangle on 1D. Signal: (A) Bullish if the Resistance breaks, (B) Bearish if the Support breaks. Target: (A) 11.800 (0.5 Fibonacci retracement level), (B) 10.000 (the Lower Support). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
Pattern: Channel Down on 1D. Signal: Sell as the price got rejected on the Lower High trend-line of the pattern. Also the move appears to be in symmetrical fashion with July-August 2019, even on MACD terms. Target: 1.0800 (just above the symmetrical Support and Lower Low of the Channel Down. ** Please support this idea with your likes and comments, it is the...
Pattern: Channel Down with a long-term bullish Channel. Signal: Bearish as the MACD is on a negative cross. Target: 1.5500 (short-term) and the 1D MA200 (long-term). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
Pattern: Channel Down on 4H. Signal: Bearish as long as the 4H MA50 is intact and the Support 1 breaks. Target: 1.11250 (just above Support 2). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **