Eurusdshort
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.
EURUSD H4Hello traders, i am expecting from price to come around my mentioned area and looking price action for a short position opportunity, watch EURUSD in a mentioned area and trade with your own according strategy if your strategy allow you to trade it.
This is just analysis
GOOD LUCK AND GOOD TRADING
EURUSD Sell setup.EURUSD has been in a correction from a weekly and daily bullish momentum. Tuesday, last week saw the break of structure lower and a strong pullback on Thursday and Friday to take out liquidity.
I would be looking for opportunities to sell to the support at 1.0381 for the final phase of this correction.
** As always, trade cautiously.
EURUSD M30: Bearish outlook seen, further downside below 1.0720On the M30 timeframe, prices are testing a key resistance zone at 1.0720. Failure to break above the resistance zone could see price drop to the support zone at 1.0680, in line with the 61.8% Fibonacci retracement. MACD is showing bearish momentum, supporting our bearish bias.
EURUSD UPDATE ✅✳️❕‼️❕Just to update our last trades in EURUSD:
Educational:
What we have seen on the chart it was quite clear, we had clear swp, then nice CHoCH, after that we have determined 5 min POI, becasue in 1M was not recognisable perfectly,
Our entry mainly are in 50% of POI but sometimes bottom of POI are right place to enter,
Again better for you to check and follow the chart in 5M becasue all this moves are for that TF,
Always wait for the clear trade, dont jump in silly trades,
here we have third position on EURUSD after collecting that liquidity just above tripple highs,
Any question comment me bellow,
@FxShzd team
eurusd shorthere is my eurusd short idea
its based on
marketstructure - clearly bullish - currenlty in the 4th bullish wave , created 4 higher lows
1.0720 - 1.0750 area looking weak, traded there last week and also few weeks before already but market failed to push higher
currency strength, eur very weak, usd also weak but much stronger than eur
the idea is that after the huge drop on the 15th march, market came back to retest the .0750 area to stop all short trades out which where place on the 16th, 17th and today 20th march ... because you know most traders follow trends and are on fomo so they get in the trades to fast, thats why there are a lot of stoporders laying around .0750 area which want to be collected before moving further down
im thankful to see how this setup plays out
Are we seeing an end to the bullish trajectory on the eurusd?The eurusd pair has developed bearish divergence on both the weekly and the daily chart and my assumption is that it could create an H&S on the daily chart, now that what appears to be the left shoulder and head can be noticed. Additional confirmation will occur once the PA crosses the dashed trendline.