EURUSD Short-Term Sell OpportunitiesWhy to short EURUSD right now?
Technical Analysis for EURUSD :
1. EURUSD Higher Time Frame shows a downtrend in General (Yellow Trend-Line)
2. Previous support become resistance (red box)
3.Head and Shoulder Pattern Broke Down and Previous Neck-Line confirmed as a resistance.
Eurusdsetup
EURUSD - EDUCATION - 22. SEPT. 2019Welcome to our weekly market Breakdown ( EURUSD )!
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1 HOUR
Bearish price action started.
4 HOUR
Prices moving sideways with several pullbacks in both directions.
DAILY
Bearish market in consolidation, need a pullback shortly!
OVERALL
Expecting prices to drop on monday-wednesday towards our main support and
turn around afterwards forming our main wave structure and setup. Very simple and
clean setup waiting for triggers. I´ll update you on all scenarios.
Good luck
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Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
EURUSD 4H Potential Bearish Setup for SELLHi and salam to all of you. :-) I'm seeing a potential Bearish movement on EURUSD 4H. Best price would be 1.1040, risk 30 pips, rewards 60 pips.
Only trade when you can reap 2x from your risk so that it will be easy for you to end up with net profit later.
TAYOR and happy trading!
KHALID HAMID @ MK
EURUSD - EDUCATION - 31. AUGU. 2019Welcome to our weekly market Breakdown ( EURUSD )!
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1 HOUR
Very bearish price action and pressure.
4 HOUR
Bearish waving market structure with a very bearish closure last week.
DAILY
Formed longterm lows and took out all long holders with stops below cruicial levels.
OVERALL
Expecting prices to drop on monday and break last week lows to pump new sellers.
Afterwards we should see rising prices with a lot of pressure!
Good luck
-
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
EURUSD - EDUCATION - 24. AUGU. 20191 HOUR
Very strong bullish reaction on friday.
4 HOUR
Bearish waving market with several pullbacks to the upside.
DAILY
Price overbought right now, good short entries and risk reward.
OVERALL
Waiting for a last push to the upside taking out several short holders with stops above
previous week/consolidation zone highs and expecting prices to push back to the downside afterwards.
I will update you about everything, be patient :)
Good luck
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Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
Elliot Wave: EURUSD Is Ready For a Massive Bullish ReversalThe bears have been in control of EURUSD during most of 2018 and still maintaining the authority in 2019, as well. The EURUSD declined from its February 2018 high of 1.25534 to as low as 1.10310 in July 2019. The bears can be proud of the total gain of over 1500 pips they managed to achieve. Unfortunately, “no trend lasts forever.” After such an intense sell-off contentment can start to settle in. This can often be dangerous, especially since the evidence shows that a significant bullish reversal is around the corner.
The weekly chart visualizes the entire behavior of the EURUSD’s since the low of 1.03428 in January 2017 into Elliott Wave context.
The first significant reason not to join the bears right now is the completed bullish 5-3 wave cycle. The advance to 1.25569 can be seen as a five-wave impulse labeled 1-2-3-4-5. The sub-waves of wave 3 is also visible, and it’s also the most extended wave among the 1, 3, and 5.
EURUSD Bears Are So Vulnerable Now
The theory states that every impulse is followed by a correction of three waves in the opposite direction. Here, EURUSD seems to have drawn a textbook A-B-C zigzag correction with an ending diagonal in wave C. Once the corrective phase of the cycle is over, the larger trend resumes in the direction of the impulsive sequence.
The second reason not to trust the bears is the fact that wave C is already retested the 61.8% Fibonacci level, where second waves often terminate. Besides, wave C also equal 0.618 of wave A, one of the characteristics of zigzag pattern
And the third, but important evidence supporting the bullish thesis is that prices are rejecting the lower trend line and forming bullish price action signals.
In conclusion, there is plenty of indication that the bears have been overstaying their welcome for a while now. If this analysis is correct, a notable bullish reversal can soon be expected in EURUSD. Given that wave (3/C)’s initial targets lie above the top of the wave (1/A), we think sellers should exercise extreme caution.
What is your view on EURUSD? Let me know in the comment.
eurusdoverall movement is for upside as we r seeing more weakness on dollar index, so the sub waves of the correction r marked.
those red abc in the last wave looks very similar, so it may go some more up to that yellow line and find resistance there.
but if this dont drop and if it brakes that green line that would be invalidation of this counts.
EURUSDwell this structure became even more complex, red A has not repeated yet, in the wave B in the midd has developed a complex diagonal /purple/ which is now at the endings and as showed on the chart im expecting some closest form of a diagonal with which the price would came to that blue line which is very strong support. price must bounce of there! but will it bounce as a correction or as a deeper up structure will leave it for then..
so if u like the analysis and would like to see set ups along the way in comments in smaller time frames show some love here so ill know there is for who to make those...
EURUSD - EDUCATION - 27. JULY. 2019Welcome to DACapitalTrading, We provide any kind of Technical and Fundamental Analysis
for Forex and Crypto-Currency Markets every day!
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1 HOUR
Very strange behavior on 25th july + price action slowing down.
4 HOUR
Very bearish price action and pressure.
DAILY
Bearish market found its support now at strong psychological support zone.
OVERALL
Expecting prices to drop once again and break previous lows from 25th to take out long holders once again
we will enter long around this position. Depending on market behavior on monday-wednesday prices could also explode to
the upside and drop back down end of this week. Lets wait and see, I will update you about everything.
Good luck
-
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
EURUSD Short 1 HR Chart#EURUSD #USDJPX
Hello to all watching my charts
EUR USD is steady going lower since 2 days
but at the moment we do see a kind of stabilisation
near last low from 9.7. at 1.1200
I think we have to wait what happens the next hours and days
maybe we will get a long chance if EURUSD will make a rebound
there.
I have marked in that case that the pair will trade higher
my BLUE ARROW area for trendchange to LONG.
Thats NOT what i exspected, thats only a aerea in which a trendchange
is propably if reached.
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Here a additional info for all who ask me to draw other lines..
My channels shown here in the chart are NOT manual line draws from
high to high and low to low.
They are the resulat of a complex mathematical system, which is my personal
trading system, and they have different timeframes have also adjustable
different deviation in % from the actual price as forecast
ALSO they change the forecast ever TICK in Realtime and calculate the channels new.
----
Good trades
If you want to support my work and my charts, please like them
Renkotrade
EURUSD LONG 1 HR Chart#EURUSD #trading #forex
Hello to all watching my charts
EUR USD pair as shown yesterday is in the move up
Both of my channelsystems are Long (BLUE and PURPLE)
and at the moment the trend seems to be growing stronger
(Purple lines angel are steeper than Blue Lines angle)
But even if the strength will be weaken a little bit
it seems to be for me at the moment as a longer LONG turn has been
startet.
Good trades
If you want to support my charts and my work, please like them...
Renkotrade
EURUSD SHORTaccording to the daily timeframe this trade is a downwards trend. However, as the trade entry is coming off a very abnormal S/R, there is a small chance the trade can go the opposite way!
does not fully comply with my trading plan but its a Monday so F*** it!
P.S We also got USD news at 1.45PM (UK time)..
EURUSD possible Trendchange to Long NEUTRAL for todayHello to all watching my charts.
I bring you here my EURUSD pair with 2
of my channels.
The longer time frame channel with blue lines
(similar as you know from yesterday short)
and the shorter time frame chhanel with purple lines.
So its easy to check the trend has little bit changed but we are still
something so to say short with 60 tp 40 percentage chance to a
Neutral or Long position as next.
Positive ( and thats the more 60 to 40% reason )
is that we do see higher highs and little bit higher lows
which indicates us normally a Long trade.
If i had included also a 20 units channel it has been long at the moment
but these short time channels often failed.
As my channels checked last 50 or last 100 units
we have to wait a little bit.
So if you had short positions is would close them.
Good trades
Renkotade
EURUSD: SELL set-up with GREAT Risk:Reward ratioLast week, we saw EURUSD rally a bit. In fact, it has actually broken through the 100D EMA and managed to stay above it. So, one might assume that the TREND in EURUSD has now reversed to BULLISH.
However, in the past few months, every single rally has been SOLD OFF. So, it would be too early to assume that EURUSD has reversed.
Hence, it would be wise to watch the PRICE ACTION carefully.
If we see the formation of BEARISH CANDLESTICK PATTERNS in lower time FRAME, Traders can look for SELL between 1.1335-1.1350 with SL above 1.1380. Tps can be set at 1.1250 and 1.1180 respectively.
eurusdas per previous chart lets see the set up from up close... its nice abc structure where first and second part r made from 5 subwaves marked with yellow, so im expecting last part also to be made from 5 subwaves and reach that red line where i guess correction will end. also divergence will occurre and marked with purple its gonna form a gartley structure.
want more of it?