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Eurusdsell

EURUSD SHORT Fundamentally; There has been a lot of economic news lately that affected the euro currency pretty bad, the euro has fallen below a value of 1$ since 2002, and the fear of losing Russian oil on a global market that the Ukrainian war may cause has pushed oil prices higher and as we all know Europe is far more dependent on Russian oil and natural gas so now we have more demand less supply high inflation lower GDP which is bad for the economy, Europe is facing a market recession soon, Russia has been cutting back natural gas supplies to EU union lately which led gas prices to go higher and the energy prices have driven Europe inflation to a record of 8.9% making everything from groceries to utility bills more expensive and let’s not forget the US Feds raising the interest rates more than the ECB which means higher interest returns that’s attracting investor money from euro into dollars Technically; the monthly trend is completely bearish, the price got rejected from a strong s/r zone expecting a pullback and a bearish continuation. the weekly price broke the previous swing and now it's retracing it on the daily price is making a bearish structure with high momentum candlesticks indicating high liquidity in the market on the 4h, I am looking for a price to break below the new structure with heavy bearish candles and below the ema's after that imma look for my entry on the 1h
Short
by Ily14
1
EURUSD : Selling On RetracementEURUSD – SPOT: Selling On Retracement & After Price Action Signal  Price Action: Price formed a Bullish Pin Bar Signal late last week (We are not considering trading this signal). Price moved briefly higher from the prior Bullish Pin Bar Signal that had formed on Thursday, Sep 29th (We did not consider trading this signal, nor did we mention it). The recent Bearish Inside Bar + Pin Bar (Combo Setup) that had formed early last week, failed (We did not consider trading this setup). Potential Trade idea: We are considering selling on a retracement higher and after a price action sell signal, whilst price remains under the 1.0051 – 1.0198 short-term resistance area, which concedes with the recent Bearish Pin Bar Signal that had formed on Monday, Sep 12th (Currently Active).
Short
by UnknownUnicorn393254
EURUSD : Bearish Pin Bar SignalEURUSD – SPOT: Selling On Retracement whilst Price Remains Under Recent Bearish Pin Bar Signal Price Action: Price formed a Bearish Inside Bar + Pin Bar (Combo Setup) overnight (We are not considering trading this setup). Price exploded lower from the recent Bearish Pin Bar Signal that had formed on Thursday, Sep 22nd (We suggested selling on a retracement higher to within the range of this signal in the Sep 23rd, members daily newsletter). Potential Trade Idea: We are considering selling on a retracement higher and after a price action sell signal, whilst price remains under the 0.9863 – 0.9950 short-term resistance area, which concedes with the recent Bearish Pin Bar Signal that had formed on Thursday, Sep 22nd.
Short
by UnknownUnicorn393254
EURUSD SHORT As we can see price broke below the 1.05000 psychological number breaking the structure and continuing to make bearish swings, currently price is at a monthly resistance we may expect a correction to the broken S/R based on the lack of momentum on the monthly candles but the overall trend is bearish. On the weekly and the daily the market is volatile, it barely makes a new low and the momentum is slowing down this is my second confirmation that the price may pull back soon. On the 4h, the price is ranging, my setup would be to short EU due to the big trend it’s bearish so m only looking for sells but if the price broke above the LH then imma look for my confluences to initiate any trade. For now, I’m waiting for the market to break the range zone and the structure, as well as the S/R with a vast bearish momentum candle confirming the breakup After the close of the 4h candle imma, go to the 1h chart for my entry. RM: Sl: would be above the last swing Tp: is the next monthly S/R zone Manage your risk and think of probabilities.
Short
by Ily14
5