EURUSD swing tade ideaHigher timeframe downtrend. The yellow line represents 50% of the monthly range.
Blue box represents the first area price can react from to then reverse and make a new lower low.
My SL would be the new higher low that gets created in or around the blue rectangle. If I risk 1% of the trade my first partial profit will be the amount that I have risked for the trade. I will continue to take partials on the way down in certain areas
Eurusdshort
#EURUSD-SELL-Hello Traders, #EURUSD has been bullish due to DXY have failed to reverse on multiple occasion taking EU to the moon!!!. However, we are expecting this move and it may be the good time to consider shorting #EU before FED announce its decision on whether or not to hike interest rates or not in February.
-So what we are looking for ? - we currently looking for a strong daily bearish candle so today is decider, if prices shows bearish momentum we may consider entering a short using smaller timeframe.
EURUSD two possible scenarios from this pointEURUSD can go both ways here. If it breaks the 1.08700 area and loses above it, a buy at the zone is done with targets at the next test of the white trend line shown. However, going below the 1.07800 are and closing beneath it suggests a sell and continuation to the respective opposite white trend line specified in the chart as the next target. Although, MACD favours, generally, the sell off and bearish scenario of EURUSD. Trade carefully and keep attentive with this pair.
Details in chart.
Why isn't EU moving as it's supposed to be ?For days, EURUSD has been in consolidation mode and it's what we all must endure however maddening it gets, we just need to wait till price is done gathering enough volume to move to it's intended direction which is a sell.
D1 has been screaming for sells yet price hasn't moved from it's consolidating phas and when it does, we will be there waiting for the big drop.
You can set your sell limit at 1.O85O for the time being because i believe price should move before the end of today till next week and hopefully beyond !.
EURUSD Long Term Predictions (4H Chart)Technical Analysis Summary
EURUSD
TREND ANALYSIS
We have 1 Uptrend in green color Internal Trend (Long Term)
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
White levels Levels are very tight stop losses that could be used in high leverage future trading.
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
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EurUsd- Sell rallies in search of great R:REurUsd is in a topping mood since Monday and although yesterday has made a new high above Monday's one, gains were very quickly reversed leaving a daily Pin Bar on our chart.
As I explained in my previous analysis over the last months or so, there is no reason fundamentally for a weak USD (or a strong Eur if you wish) and also technically 1.08- 1.1 zone should provide a bulletproof ceiling.
That being said, I will look to sell rallies with a risk: reward of 1:3
EURUSD Short Term Analysis/ExpectationClick on Boost (like) to support these free analyses
This expectation is a framework to look for a potential trading setup; I recommend you to not just execute based on these levels. I always wait for confirmations on lower timeframes
This Analysis was done using my complete Strategy which includes:
- Smart Money Concepts
- Multi Timeframe Liquidity and Market Structure
- Supply And Demand
- Auction Theory
- Volume Analysis
- Footprint
- Market Profile
- Volume Profile
- WYCKOFF (IS THE KING)
- ETC
EURUSD - THE BIG SHORT Eurusd - H4 - This pair went on a liquidity and stop hunt since the start of this year breaking monthly key levels. Now price has reversed on H4 and same time dollar index still holding its monthly demand zone so I'm expecting a complete reversal on Eurusd price action to heavy bearish from here on.. long term targets 0.90- 0.8500
EurUsd- Do we finally have a top for this correction?Since October, EurUsd rose strongly and gained almost 1500 pips.
However, as I said multiple times, both fundamentals and long-term technicals do not suggest a trend reversal in the long run, and although 0.95 could be the bottom, there is more likely to have range trading going further for the most traded currency pair in the world, than continuation above 1.1
Stricly technical, Friday is marked by a hanging man candle, followed yesterday by a Shooting start (or Pin Bar if you wish).
These could be the indication of a top in place and a drop to 1.06 could be next.
Considering a stop loss above 1.09 we also have a good R:R for such a trade
EURUSD H1: Bearish outlook seen, further downside below 1.0850On the H1 time frame, a pullback to the resistance zone at 1.0850, in line with the graphical resistance zone and Fibonacci confluence levels could present an opportunity to play the drop to the support zone at 1.0770. Prices are holding below the 20EMA, supporting the bearish bias.
EURUSD - Daily Trade Idea - 17-Jan-23EURUSD (SHORT)- If all the resistance holds in place.
If we see the Resistance broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Red Candle after the Green Candle.
- Stochastic - Overbought Area
- Timing of entry Prior / during UK / US Market Session.