Get started

Eurusdbreakout

Trading Idea Regarding EURUSDAccording to my analysis this currency pair is going bearish inshallah My Analysis consist of the Fallowing Four Steps 1------->Behavior: *Market Structure(M.S)------> Moving in side ways direction after strong move to the upside in 4 hour Time Frame *S&R------> Price has reached strong resistance zone(Bearish move is expected) *Trend Line------> Price has reached strong falling resistance zone (Bearish Behavior) 2------>Momentum: *Previous Candle Close(P.C.C)------> Bullish close (a little pull back is expected before continuation of downtrend) *Current Candle Close(C.C.C)------> Inverted hammer appear in pull back and close bearish(continuation of downtrend) 3------>Chart Pattern M30 Time Frame: *Breakout Raising Channel------>Breakout the raising channel and now retesting it indicating continuation of bearish behavior *Double Top Chart Pattern------>Has created the double top chart pattern which also indicating continuation of bearish behavior 4------>Entry/Exit Point: *Entering Point------> Enter the market after the breakout of the structural low of double top chart pattern *Exit Point------> *Stop Loss------> Stop Loss above the structural High *Target------> TP1 Strong Support zone in 30 mint Time Frame *Target------> TP2 Strong Support zone in 30 mint Time Frame
Short
by Inzamam9012
EURUSD, Brutally Slaughtered..! HI, Let's take a look at EURUSD 1/2 Bullish Flag broken and Retested NOW. EU been dipping strongly since starting of 2021. We might be able to see a HALT at 1.1 zone but Dollar's dominance could extend further downward movements. Closing of January's Monthly candle quite crucial in deciding further movements. 2/2 EU is currently trapped in Bearish Flag and now on verge of either breaking out or taking a reversal. Watch 1.1 zone if monthly candle closes above then there might be some recoveries.
by wickywicks
Breakingout the resistance levelAccording to the chart, a downward trend has been started since June 2021. The dynamic resistance prevented price rising at the level of 1.16800 and it caused to throw down the price to the level of 1.12 (the least price from June 2020 until now). A true break is seen at this level and pull back has been completely done. A short correction is expected to the level 1.12700. Then, a sharp increase could happen to get back the level of 1.15159 (0.5 Fib- Ret).
Long
by thehmdrza
EURUSD New upward trend is startingHello guys whats up ? According to the last chart that we shown you about EURUSD we have downward trend in 2H time frame but at this time in 1D time frame we have a key , this means the trend was changed and we need confirmation to take long position until the TP in here we take the strategy of trend and in a day time frame the trend was changed and we need signal in less time frame like 1H or 2H or ... at first be careful about the zone then watch it carefully to take signal like hammer o ... then take position and put SL exactly where we put and put TP we update the chart in days later , being with us Good Luck Abtin
Long
by Abtin00
EURUSD: WHERE IS THE NEXT MOVE (PART 2) EDUCATIONThis post for educational only. As my previous post must wait to entry position on this pair. Now EURUSD broke the line.. Now you can entry buy now. Because have retest on lower time frame. How to avoid false breakout? Place STOPLOSS below the wick. If there is price reversal. You can change sell setup, watch the bearish candle confirmation. Find the lower timeframe H4 or H1 This post for daily time frame. I use 50 pips for the risk. Risk Reward Ratio 1:4 Good luck If you have any idea, leave comment below and give like. Thank you
Long
by Sovi_Madnes
5
EURUSD | Perspective for the new weekAs against my previous speculation (see link below for reference purposes), The EUR/USD pair recovered its long-term bullish stance as buyers finally found the momentum to break Major resistance @ $1.1900 (a major Support level) followed by a retest of this level to make a new Support level for Bullish opportunities. Tendency: Uptrend( Bullish ) Structure: Trendline | Breakout | Supply & Demand Observation: i. The line drawn under pivot lows emphasizes the prevailing direction of price as price makes a Breakout and found a Demand zone! ii. Breakout of $1.19000 level affirms the strength the buyers have in this market as we look forward to a Bullish run in the following week(s). iii. Watchout... a temporary correction "might" happen early this coming week before a rally continuation resurfaces. iv. Please note that if at any time price breaks below $1.18800 with significant Bearish candle, we might take a hold on this bias and revisit my last idea (link below for reference purposes). Trading plan: BUY confirmation with a minimum potential profit of 150 pips. Risk/Reward: 1:3.5 Potential Duration: 2 to 4 days NB: This speculation can be considered to make decisions on lower timeframes. Watch this space for updates as price action is been monitored. Risk Disclaimer: Margin trading in the foreign exchange market (including foreign exchange trading, CFDs, etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Long
by darcsherry
2