''EUR/USD 4H | Elliott Wave Playbook"
The pair appears to be carving out a textbook 5-wave Elliott structure. Here’s the breakdown:
- **Wave 1, 2, and 3** are in the books, and Wave 4 is now developing, testing the **38.2%-50% retracement zone** (highlighted in orange).
- **Wave 5 Target**: Eyeing **1.0100-1.0090** as the likely destination for the final push lower.
**Trade Plan:**
- Monitoring the sell zone at **1.0373-1.0466**, which aligns with the Wave 4 retracement.
- Any rejection here provides a short setup, with stops above **1.0466** and targets down to **1.0100**.
- R:R is solid, making this a high-probability play for the disciplined trader.
**Market Context:**
- Structural resistance and Fibonacci confluence strengthen the case for shorts.
- Patience is key—waiting for confirmation of Wave 4 completion before entry is paramount.
**Reminder:** This is an analytical outlook, not financial advice. Manage risk diligently.
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Would this work for your audience, or shall I refine it further?
Eurusdlong
EURUSD is with the bulls at the moment.
I bought in Long as I could see it turning about 60 hours ago even despite a rallying USD as it looked overextended.
This daily chart is strong and all its timeframes are similar. The only little hurdle is some resistance it is just below.
But I think it will blow through some smoke and mirrors and shoot higher.
EURUSD - gap is filled, what’s next? Buys? Sells?Here is our in-depth view and update on EURUSD . Potential opportunities and what to look out for. This is a long-term overview on the pair sharing possible entries and important Key Levels .
Alright first, let’s take a step back and take a look at EURUSD from a bigger perspective. For this we will be looking at the H4 time-frame .
Now the main focus everyone has is the “ GAP ”. Yes the gap has been filled but sellers who tried to take advantage of it, have experienced drawdown today. EURUSD still has a chance to dig deeper into that gap potentially giving us better entries OR breaking to the upside. So here are the possible scenarios on EURUSD we have pre-planned for the following days .
Scenario 1: BUYS at the break of 1.04334
- We broke above 1.04334.
With the break of this level we can expect a possible move towards the upside. Even though we are extremely bearish on EURUSD for quite some time, short-term TVC:DXY weakness can cause the pair to see possible higher levels.
Scenario 2: SELLS
- We dug deeper into the “gap price” or we stayed below roughly 1.03462.
With sells we have several possible entries. We can expect a deeper dig to the upside potentially giving us better entries. On the other hand, if we don’t experience that, and stay below 1.03462 we can expect more sells to come.
KEY NOTES
- EURUSD is overall still bearish.
- DXY (USD) experiencing short-term bears.
- Breaking above 1.04334 would result in more upside.
- Staying below the gap fill, would result in sells.
- Possible deeper digs to the upside before the sell off.
Happy trading!
FxPocket
EurUsd Long IdeaPrice previously attempted to break out of the trend which subsequently failed. We've since had a solid support get tested 3 times with no break through.
Fundamentally, we could start to see a weakness in the Greenback following POTUS' suggestions on implementing Tariffs against other countries.
We've seen today that countries are prepared to retaliate which would then start to devalue the Dollar. Long term view is for USD weakness should this approach continue.
EUR/USD Outlook to recover the imbalance My EU outlook for this week is similar to GU as the dollar index gapped to the upside which made pairs like GU and EU to drop down heavy. once price did so it did breach a lot of my previous demands so we have to now adapt and re adjust our analysis and forecast.
So i have this demand zone that as you can see is getting reacted off of which what i drew out a. while ago which is the 8hr demand zone. I feel like this zone will hold as there is of validity. If price reacts well and manages to cover that gap i will then look to short inside the 1hr supply zone but after finding of course LTF confirmation.
COnfluences for EU Buys are as follows:
- The price gap has left a significant imbalance that needs to be filled.
- Price is currently in a 8-hour demand zone that previously caused a Break of Structure (BOS),
making it a valid POI.
- There is a large pool of liquidity to the upside that needs to be taken.
- The setup aligns well with the DXY correlation.
- For price to carry on going down it must form a correction to the upside regardless.
P.S. If price decides to go lower then we might be in a bearish trend temporarily and will have to look for a new near by supply to capitilise on a shift of trend to the downside. Thats if this 8hr demand doesn't hold.
EURUSD Buying Trade Idea from 1.0230-1.02135EURUSD Buying Trade Idea from 1.0230-1.02135
EURUSD Buying Trade Idea from 1.0230-1.02135 at the price level and the idea more empower when the market strongly break the 1.02722 zone.
In the recent days at Friday after the Gold create new High (All time) the other major pairs fall and now traded at the based price.
Market will cover the opening gap this morning Monday Feb 3rd 2025.
The buying setup;
Buy range: 1.0230-1.02135
Stop Loss: 1.01639
Take Profit L1: 1.03456
Take Profit L2: 1.04320
Take Profit L3: 1.05046
Take Profit L4: 1.06155
Use 1% of your account balance at the risk on the setup.
EURUSD is Ready for a Long BullHello Traders
In This Chart EURUSD HOURLY Forex Forecast By FOREX PLANET
today EURUSD analysis 👆
🟢This Chart includes_ (EURUSD market update)
🟢What is The Next Opportunity on EURUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
UPDATE SWING TRADE SETUP EURUSDThe two major news events have come and gone and the long setup on EU is not only still valid but we have gotten confirmation with a bullish choch
I'm looking for price to react bullish on the lower timeframe from the fair value gap or the 2H OB. This is to get the best possible entry with a relatively smaller SL.
There is always a chance that the setup won't work out however in my opinion this has a small chance of failing.
Main target is the daily high and a longer term target is December's high unless price action changes bearish.
Hope this analysis helps and remember to always follow your rules and keep good risk management
Setup #003 - EURUSD - LongWaiting for entry trigger. Must come between 10am-12pm ET today.
Confluences:
✅ Bullish overall bias
✅ Bulllish demand zone
✅ Bullish bat pattern
✅ Bullish divergence in price reversal zone
✅ Buillish break of structure
✅ Entering London close zone
✅ Break of structure confirmed
✅ Required risk:reward met
EUR/USD Trade Setup | 30-Minute Chart AnalysisI'm sharing my latest trade setup on EUR/USD using the 30-minute timeframe. This setup is based on a potential bullish corrective wave before a larger bearish continuation.
Key Highlights:
🔹 Entry Zone: Price is bouncing from a key support area (green zone), suggesting a potential upside move.
🔹 Target: The projected move (Wave B) aims towards the 1.04650–1.04750 region.
🔹 Stop-Loss: Placed below the support zone around 1.04105 to manage risk effectively.
🔹 Risk-to-Reward: A well-balanced setup with a favorable RR ratio.
🔹 Confirmation: Watching for bullish momentum to validate the trade idea before further execution.
Let me know your thoughts! 🚀📈 #Forex #EURUSD #TradingView
SWING TRADE SETUP ON EURUSD We had a nice move to the upside yesterday following a shift on the 1H timeframe, Hope some of you were able to catch the move to the upside.
If not there is another setup that I am looking at. This is a swing setup and if played out I expect for TP to be hit within the week.
The main thing to keep in mind is that we have interest rate decisions for both the FED and ECB.
Depending on how the numbers come out this setup will stay valid or EURUSD will break below the invalidation point and continue it's move to the down side. Good risk management is key with these news events.
EURUSD at Key Support: Bullish Continuation Ahead?OANDA:EURUSD is trading within a well-defined ascending channel, indicating a bullish trend. The price has recently pulled back into a demand zone, which has previously acted as strong support. This confluence of support and the lower boundary of the channel suggests the potential for a bullish continuation.
If the price confirms a rejection from this zone, I anticipate an upward move toward the 1.05200 level, which aligns with the previous resistance level. However, a breakdown below the demand zone and channel support would invalidate this setup and signal possible bearish pressure.
This setup aligns with the idea of trend continuation within an ascending channel. Let me know your thoughts or if you have any alternative perspectives!