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Eursudshort

EURUSD short setup. EURUSD is at good level, I will short after breaking the trend line. Risk Management Alert: The meaning of second target (Always take 60% profit of your first target and keep your 40% running to second target, in this case if any reversal happens your safe and secured, to make this better, move your stop loss to STOP PROFIT which is above your entry level of 10-15 pips after hitting your first target, and up to you as long as it not negative, This way you don't regret holding or exiting early. That’s 75% Profit from your idea or mine :D, Why this is good, Let's say you exited early, now you will be looking for another entry in this case you not sure if this is a reversal or a continuation of a trend and TRUST ME its not Easy to find. Most of traders just throwing ideas without explaining why, how, and when... they just draw some beautiful butterfly's, sea-waves, waterslides, matrix moves, EVEN Some HOLY GRILL indicator, at the end all comes to risk management and key levels, markets will always do what they want to do. Good luck.
Short
by binM
POSSIBLE HEAD AND SHOULDERS ON EURUSD 4HHi fellow traders, if you like my ideas and analysis, do continue to follow me for future content. So what I can see on the 4H timeframe of the EURUSD is a POSSIBLE head and shoulders pattern, a reversal pattern if you have not seen it before. If price breaks the neckline, I would wait for a retracement back to the neckline for a potential short trade. Entry point would be at the break and retest of the neckline. If the candle does not print a bearish candle or show any signs of rejection from that level, entry would not be recommended. stop losses would be 10 pips above the right shoulder. As this is a reversal pattern, you can choose to trail your stop losses above a Lower High to lock in more profits. Current Risk to Rewards Ratio is 1:3.39 which is very optimal, however, do take note that not all trades will be winning trades. Remember to always only risk a maximum of 2% of your account if you want to stay in the game for long. If you have success with this analysis, please do leave a comment to let me know. Have a great week trading. This is not financial advice nor am I asking you to do what I say. This is merely my ideas and technical analysis that I would be following per my strategy. If you want to find out more, do drop a comment. Cheers.
Short
by airplanes1998
EUR/USD Under Pressure for SellsEUR/USD extended its decline and retested the 1.0980 support area at Friday. The intraday bias remains neutral first and some recovery could be seen. A major bearish trend line is forming with resistance near 1.1045 on the 4-hours chart. Besides, the pair settled below 1.1040, the 100-day and the 50-day SMAs on the chart. So, we're expecting the sellers to return soon.On the downside, break of 1.0981 will extend the decline from 1.1175 to retest 1.0879 bottom. In other case, a successful close above 1.1050 is needed for a fresh increase towards the 1.1100 resistance area where is our first bullish TP. However, break of 1.1097 will dampen our bearish view and bring stronger rise back to 1.1175.
Short
by ForexTrendline
Overall View of EURUSD 1.13478 top level was reached after a sharp bull trend. Prices settled on a resistance zone and were subjected to a bear pressure. After a strong reversal signal on June 12th, the odds of a bear trend became higher. Possible targets : @1.12000 (+75pips) and @1.11200 (+150 pips). Advice : Stay bearish and sell at any high point while we don't break the resistance zone or 1.13478 top level. Correlated pairs : USDCAD (-87.8%) and XAUUSD (62.5%). We are more likely to experience a strong bull spike with the USDCAD while a minor effect on the XAUUSD.
Short
by Theperfectionist
EURUSD Tested Resistance, Prepare For A Drop!Sell below 1.1722. Stop loss at 1.1792. Take profit at 1.1536. Reason for the trading strategy (technically): EURUSD tested its resistance at 1.1722 (23.6% Fibonacci retracement, channel resistance, horizontal overlap resistance) where we expect price to fall to its support at 1.1536 (horizontal swing low support). We do have to be cautious of the intermediate support at 1.1612 (50% Fibonacci retracement, horizontal overlap support). Stochastic (55, 5, 3) has reversed from its intermediate resistance at 87% where we expect to see a corresponding drop.
Short
by theforexarmy
1
EURUSD Tested Its Major Resistance, Remain BearishSell below 1.1991. Stop loss 1.2066. Take profit at 1.1829. Reason for the trading strategy (technically): EURUSD reversed nicely off its resistance at 1.1991 (23.6% Fibonacci retracement, 23.6% Fibonacci retracement, 100% Fibonacci extension, horizontal overlap resistance) where we look to sell on strength. We expect prices to fall to its support at 1.1829 (horizontal swing low support) but have to be careful of the intermediate support at 1.1891 (61.8% Fibonacci retracement, horizontal overlap support). Stochastic (89, 5, 3) reversed nicely off its resisance at 97% where it has a lot of downside potential.
Short
by theforexarmy