💡Don't miss the great sell opportunity in EURUSDTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.2150).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURUSD is in a downtrend, and the continuation of the downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 30.
Take Profits:
TP1= @ 1.2055
TP2= @ 1.1985
TP3= @ 1.1950
TP4= @ 1.1835
SL: Break Above R2
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Eurusdsell
[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.
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.
💡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!
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💎 Want us to help you become a better Forex / Crypto trader?
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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