[EURUSD W1 Jun 2021]EURUSD
Short Setup
👉🏻 Setup has failed and hit our SL last week. However this break below wave-iv of the previous Wave-5 ending diagonal is critical to the future price movement. Friday closed a very strong bullish candle on the H4 chart BUT a red pinbar on the daily. Corrective movement here is a must for me to take a sell trade once a break towards the downside occurs.
Eurusdchart
EURUSD W4 May 2021EURUSD
Short Setup
After a long trending EURUSD, price has finally broken out of an ending diagonal (usually indicating a reversal). Price has also tested the trendline, an optimum entry would be a break below previous wave-iv. Overall is still an uptrend, short term selling may be done with caution.
EURUSD W4 Apr 2021EURUSD
Continuation trade:
👉🏻 EURUSD is trending hard mainly due to the weakness in the Dollar. After reaching our minor target of 1.21000 last week, we could expect sound turn around at the current zone for a corrective wave of Wave-2. Long term target of 1.25000 is still intact and possible further more.
H1 trend - Trending above 200ema and in a channel, possible short term sell target if price breaks this ascending channel.
[EURUSD W3 Apr 2021]EURUSD
Long Setup
Continuation trade:
👉🏻 A pullback is inevitable! We could potential see a reach to 1.21000 (our minor target) which will also break the previous wave-b level. A pullback then an impulsive 3rd wave after that. All these are speculative and could be the most favourable scenario. Long term investors could find themselves buying the dip after a Wave-2 is formed
[EURUSD W1 Apr 2021]EURUSD
Long Setup
Continuation trade:
👉🏻 Not much movement last week, despite NFP. Price is still respecting its downside pressure, assisting with a descending trendline. I would be very much interested for price to enter this daily order block at around 1.65000 region before entering into a long position.
[EURUSD W4 Mar 2021]EURUSD
Long Setup
Continuation trade:
👉🏻 Price did make a bounce of the trendline from a possible Wave-C. HOWEVER, the consolidation on 19th March has failed to break the high of 1.19898 in the lower timeframe. Few order blocks have been marked and I would like to see some break of structure to the upside for further long positions.
EURUSD W2 Mar 2021EURUSD
💪🏼 Continuation trade from:
Price has successfully formed a Wave-C or a possible Wave-Y of a WXYXZ correction, which I have shared my analysis last week. I'm still overall a long bias on this pair with a minimum target at 1.25000. I will not enter a buy position right away but to look for potential opportunity in the coming week.
[EURUSD W1 Mar 2021]EURUSD
Short Setup
👉🏻 A short-term shift of bias to the downside on EURUSD, as a significant rejection just before the market closed on Friday after a whole week gains. My long-term bias still remains to the upside on this major pairing, as for the time being, looks like more corrective movement on the larger timeframe.
📈 This was plotted in early 2021 and noticed the rally off 2000 and 2020, monthly descending trendline has also been broken.
[EURUSD W3 Feb 2021]EURUSD
Long Setup
💭 Continuation trade from:
👉🏻 Price has broken out of a falling wedge with a psychological zone at 1.20000. Few indicators have also signal for a long order:
Ichimoku - Breakout of the H4 cloud and trending on the D1 cloud.
MACD - Moving Average crossover on H4 plus bullish histogram.
TDI - H4 bullish bounce off the Bollinger Band, D1 crosses above yellow Market Base Line.