Eurusdsell
💡Don't miss the great sell opportunity in EURUSDTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.2245).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURUSD is in a range bound, and the beginning of a downtrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 38.
Take Profits:
TP1= @ 1.2175
TP2= @ 1.2150
TP3= @ 1.2125
TP4= @ 1.2100
TP5= @ 1.2065
SL: Break Above R3
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💡Don't miss the great sell opportunity in EURUSDTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.2245).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURUSD is in a range bound, and the beginning of a downtrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 38.
Take Profits:
TP1= @ 1.2175
TP2= @ 1.2150
TP3= @ 1.2125
TP4= @ 1.2100
TP5= @ 1.2065
SL: Break Above R3
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
EUR/USD Trying To Make A Double Top Pattern And 2 Short Setups This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
EUR/USD SHORT SIGNAL #RISKYHey tradomaniacs,
welcome to another trade-setup!
Took an EUR/USD Short-trade with a higher risk involved! Only follow if youi accept the risk!
EUR/USD: Daytrade-Execution
Market-Sell-Order: 1.21960
Stop-Loss: 1.22100
Point of Risk-Reduction: 1.21840
Take-Profit: 71.21390
Stop-Loss: 15 pips
Risk: 0,5% -1%
Risk-Reward: 3,95
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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EURUSD Chart View For MayAs of 3rd week of this month buyers are aggressively driving price higher and higher. The market sentiment is now so bulish so many retailers will also go for a long, me myself i went for a long position and closed it in profit.
When you view the weekly chart a hanging man candlestick pattern was foremed so in addition of the market hitting an important trendline, my bias is targetting the 61.8% retracement of the longed move. Market also came down to the 31.8% retracement level and went for another retest of the broken trendline and formed a double top so with all this i think the bias for this month is to the downside.
EurUsd can drop to 1.16 in medium termAfter the recent rise from 1.17 to 1.22, bulls lost control and the single currency is trading under 1.21 again.
In my opinion, a new leg down is about to happen and rallies above 1.21 should be sold
A daily close above the recent high would negate this scenario and swing traders can have 1.16 as a target
EURUSD, 4hr tf, wave-iii to the downside
As you can see price already broken below the ascending trendline for EURUSD. Right now price retracing at 61.8 fibonacci level.
This could be a good entry point for sell positions. As wave-2 tends to end around 61.8-78.6
We will sell EURUSD here to ride the movement of wave-iii.
Sell EURUSD 1.2085
Stop loss 1.2160 (75 pips)
Take profit 1.1825 (260 pips)
RR ratio 1 : 3.4
Use only 1-2% risk
Good luck