Eurusdshort
EUR USD SHORTRisk 0.5%
TP1 = 1:2 RR
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eurusd full analysis -- great setupafter the price made liquidity sweep
the price now rejected the supply area
now we expect more continuation to the downside
the only confirmation for selling is to break the support level
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don't forget your risk management
follow for more :))
Eurusd short 2nd QuarterEURUSD is currently bullish, which should continue for a while, A break of price action would push price lower, creating lower lows and lower highs below the 1.0500 mark. As such, the bearish run can only mature after the break of the trendline and lows extending towards the 1.0000 mark. Sell single at critical points, preferably the round figures, and anticipate increased volatility and momentum beyond these price points. Fundamentals coinciding with these levels will be an added advantage since price will make major moves in shorter periods of time.
EURUSD | Bearish Trend | DownsideHigher highs and higher lows are terms used in technical analysis to describe a pattern of price movements in a financial market or asset.
Higher highs refer to a pattern where each new high price in a trend is higher than the previous high price. This indicates that the market is experiencing an upward trend and that buyers are willing to pay increasingly higher prices for the asset.
Higher lows, on the other hand, refer to a pattern where each new low price in a trend is higher than the previous low price. This indicates that the market is experiencing an upward trend and that buyers are continuing to step in at higher and higher prices, creating a pattern of higher support levels.
Together, higher highs and higher lows can be indicative of an uptrend in the market, while lower highs and lower lows would indicate a downtrend. These patterns are commonly used by traders to identify trends and make trading decisions.
Best zone for short in Eurusdwe had a bullish choch in the daily timeframe, so if i want to take a risk and if i want to open a short position (with a low probability of activation), I will do so from the two specified areas and i avoid getting short on gaps, because the trend is bullish (in the bigger timeframe(daily))
GoodLuck everyone.
eurusd short here is my eurusd short idea
its based on
we been bullish on this pair since 16th march, creating daily higher highs higher lows, clearly bullish
usd very strong now, eur weakening
we are early in the london session
may we see an bounce back to the weekly pivot for a retest ?
yellow line represent first take profit 50 pips
im thankful to see how this setup plays out
Bearish outlook on EURUSD - 24 March 2023Prices are testing a key resistance zone at 1.0850 on the M30 timeframe. A pullback to this zone, which coincides with the 50% Fibonacci retracement, could present the opportunity to ride the drop to the support zone at 1.0800, which is in line with the 161.8% Fibonacci extension. Price is holding below the 20 EMA and Ichimoku cloud, supporting our bearish bias.