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Eurusd-4

✨ NEW ENTRY: EURUSD ✨ DAY TRADE (4H) ✨SLO @ 1.1085 (80m) TP3 @ 1.1055 (closing ALL Buy Orders) TP2 @ 1.1020 (shaving 50%) TP1 @ 1.0980 (shaving 50%) BLO 1.0915 📈 -SL @ 1.0885 🚫 🚫 Unfortunately, my SL was too tight and "they" got me. Price Action on the 3m chart appears to be based on the Wyckoff Accumulation Phase, so I re-entered @ the same BLO (see above) Wyckoff Accumulation Phase (s3.tradingview.com)(High Probability) 1. We have the “Preliminary Support” (PS) After a long move down, we start to see signs of high volume and gaps getting bigger. As buyers start to show up, we also see the first sign that selling might end soon. 2. Referred to as the “Selling Climax” (SC) Prices drop quickly during this fear-selling phase, which starts when Preliminary Support stops working. This can cause prices to jump way out of their normal range and gaps to get very big. In some cases, the ending price can be far from the low. When this happens, the candlestick chart will show a big "wick." 3. The Automatic Rally (AR) When sellers stop putting as much pressure on prices, prices often go back the other way with almost as much force when buyers start putting pressure on prices again. This change happened because short sellers bought back the instrument they were shorting. It's important to keep in mind that the peak at this time often marks the top of the stabilization. 4. The Secondary Test (ST) With a more measured approach, Price Action tends to return to the structure's lower levels. As a result, sellers are in play; however, the volume will only increase once sellers find a better opportunity. During this time, it is not uncommon to have a few more tests, like this. 5. The Spring (S) At this juncture, the bottom is unexpectedly retested with sufficient force to deceive market participants into thinking the downward trend has resumed. A "swing failure pattern" describes this kind of behavior nearly precisely. It is basically a shakeout. However, it's essential to remember that this movement is only sometimes necessary. As a result, we anticipate that Price Action will react by regaining control from a lower major Support Level.
Long
by ProfessorCEWard
EurUsd -> Top Formation And BreakdownHello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that EurUsd is currently retesting and already rejecting a quite obvious previous weekly support/resistance zone exactly at the $1.11 level. You can also see that weekly market structure and moving averages are still quite bullish; we have another support zone coming in at the $1.08 level which could definitely send prices higher so I am now just waiting for a retest of the support and then I do expect a next rally towards the upside. On the daily timeframe you can see that with today's candle, EurUsd is actually breaking below a key uptrend trendline and EurUsd also formed a triple top at the $1.106 level, showing some bearish pressure so from a daily perspective I am now just waiting for a break below the next support zone and then I do expect a short term move towards the downside to then retest the $1.08 support level. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
Short
by basictradingtv
37
Mindset Monday's: Sphere of Rationality Hey there, so in today's mindset series, we going to be talking about a topic that has the potential to change the way you enter, manage and exit your positions. By watching this weeks video you will: - Learn how to get into a trade with the best frame of mind, allowing you to mange the trade in the best way possible leaving you to maximise your overall returns. - Gain a distinct advantage by learning how to control your emotions instead of ignoring them, which means less emotional pain and more financial gain.
by DeanMuller
Outlining critical resistance on EUR/USD ahead of the ECBDisclaimer: The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information therefore has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient. Opinions expressed are our current opinions as of the date appearing on Trading View only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The Society of Technical Analysts Ltd does not make representation that the information provided is appropriate for use in all jurisdictions or by all Investors or other potential Investors. Parties are therefore responsible for compliance with applicable local laws and regulations. The Society of Technical Analysts will not be held liable for any loss or damage resulting directly or indirectly from the use of any information on this site.
by The_STA
EurUsd -> Expecting The BreakHello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that as we are speaking EurUsd is actually approaching a quite obvious previous weekly structure area exactly at the $1.115 level which is now turned resistance. However you can also see that weekly market structure and moving averages are still massively bullish, we just broke above a previous weekly swing high which is now turned support, so I am now just waiting for a deeper retest of the next $1.115 resistance before I then do expect a short term rejection towards the downside. On the daily timeframe you can see that EurUsd is once again retesting daily resistance - the more often we retest the zone the higher the likelihood that we will eventually break it - so I am now just waiting for a clean break and retest of the current resistance before I then do expect more continuation towards the upside to then retest the $1.115 resistance. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
Long
by basictradingtv
42
EURUSD Technical Analysis and Trade IdeaTaking a look at the #EURUSD currency pair, we can see that it has dipped into a support zone just before the New York session opens. On the 4H time frame, there is evidence of a lower high and lower low formation. Consequently, I am anticipating a retracement upwards towards resistance levels to identify a chance to short this. Please note that the video contains a detailed explanation and should not be regarded as financial advice.
Short
by tradingwithanthony