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Eurusdsell

EUR/USD Respecting The Elliott Wave Structure ✍️As we can see the from the picture, the EUR/USD managed to complete the five waves upward and then faced a strong daily support. This daily support could prove difficult to be broken and might to lead to a reversal. This reversal might be translated into three wave downwards which are known by Elliott Waves A - B -C. Let's see if the drop will occur in the next few days. Trade Responsibly 🙂 Please press “Like” if you appreciate the trading idea 👍 “Follow” for more trading ideas in the future 👀 “Comment” below to share your thoughts with us and other traders 👥 ------------------------------------------------------------------------------------- Risk Disclaimer: All trading ideas published by collegeofpips are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠️
Short
by CollegeofPips
9
EURUSD On the Verge of a 7% Elliott Wave DropThe chart above allows us to put EURUSD's entire progress since March 2020 low in Elliott Wave context. The impressive uptrend which took the currency price from below 1.06 to over 1.21 in nine months looks like a textbook impulse pattern. Its five waves are labeled (i)-(ii)-(iii)-(iv)-(v). Turbulent Months Ahead for EURUSD What should worry the bulls is that according to the Elliott Wave principle, a three-wave correction follows every impulse. Corrections usually erase all of the fifth wave’s gains. For EURUSD, this means a drop to the wave (iv) support area near 1.15 can be expected once wave (v) is over. If this analysis is correct, this might just be the worst possible time to be buying EURUSD for a long-term position trade. What's your view on EURUSD? Let me know in the comment. Thanks for reading, Veejahbee.
Short
by Veejahbee
10
EUR/USD SELL IDEAHey tradomaniacs, welcome to a new free trading-setup. Note: This is meant to be a preparation for you. As always we will have to wait for a confirmation. EUR/USD: Daytrade-Preparation Market-Sell: 1,21150 Stop-Loss: 1,21600 Point-Of-Risk-Reduction: 1,20840 Take-Profit: 1,20425 Stop-Loss: 45 pips Risk: 0,5% - 1% Risk-Reward: 1,75 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Short
by Trading2ez
1
EUR/USD SELL IDEAHey tradomaniacs, EUR/USD has shown another strong fakeout at the MONTHLY Key-Resistance which could give us a great chance to short the peek. Another retest of the intradays High-Volume-Note should show us whether this is a likely scenario or not. EUR/USD: Daytrade-Preparation Sell-Limit: 1,21175 Stop-Loss: 1,21420 Point-Of-Risk-Reduction: 1,21000 Take-Profit: 1,20720 Stop-Loss: 25 pips Risk: 0,5% - 1% Risk-Reward: 1,86 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Short
by Trading2ez