Eurusdbuy
EURUSDPrice could see a rebound off the previous support level forming an inverse head and shoulders pattern. A successful H1 rejection will allow me for an entry with a confirmation of bullish HA candle. Price to retest previous support which would now be potential resistance. Beyond that, if price pushes through the 200MA, we could see further upside.
I was previously more bearish last week (based off D tf but price just doesn't seem to want to break down so here is my update)
EURUSD: The Inverted H&S Formation is still in play.EURUSD. The bullish daily candle after the FOMC and the inverted H&S pattern that is forming in the 1H chart, are keeping the bullish scenario for EURUSD intact.
We are holding our long positions open and expecting for an initial break of the 1.1730-35 resistance in order for our scenario to be validated (the upper trendline of the downward channel) .
The break of 1.1750-55 with a dynamic candle will give confirmation. Initial target is at 1.1790-00 and next target is at 1.1825-30.
EURUSD: Long Trade with Entry/SL/TP With 98% of Success !!Hello Traders,
As we can see, We are now at the end of wave B and the Price reach the Support Zone. The Market Maker Candle appeared as shown with Very High Volume, We have anathor confirmation Candle that give us a high poteniel of Long position with 98% of Success.
- Buy Position :
- Price: 1.17206
- TP 1 : 1.18697
- TP 2 : 1.19864
- SL: 1.16766
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Buy EURUSDToday’s daily analysis is a buy for EURUSD. We saw a huge drop from the news earlier today but due to this sudden drop it has hit a major support zone and it need to retest its previous support now turned resistance. A doji has now formed confirming the loss of momentum with this pair. Buyers are seeing this and are now buying in for the next zone.
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Thursday: EURUSD - Week 37Hello Traders! Check Related Idea for market context!!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
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EUR/USD BUY IDEAHey tradomaniacs,
welcome to another free trading-setup.
EUR/USD: Daytrade-Preparationn
Market-Buy: 1.18310
Stop-Loss: 1.18210
Point of Risk-Reduction: 1.18480
Take-Profit: 1.18820
Stop-Loss: 12 pips
Risk: 0,5% -1%
Risk-Reward: 5,0
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Peace and good trades
Irasor
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EURUSD Potential longLooking at a buy position from here once the 30m candle closes above this level of support.
This is a tricky trade as we are trading against the range on the 4h time frame, however as it is only a 10pip scalp it is not too unreasonable to make this trade, especially as a higher wick would need to form for the next candle.
This is a risky one, I will only be risking 0.5% because of the reasons above.