Get started

Eurusdsignals

EURUSD Waiting for a pull-back to enterAnother MA approach, this time on EURUSD. It is a recurring pattern since mid-2019: The 1D chart posts a Channel Down with the price action diving below the 1D MA50 (blue line). The MACD is flat-lined and once it breaks above this range and the price above the 1D MA50, one final pull-back occurs before a series of Higher Highs start. Where will you buy? Feel free to share your work and let me know in the comments section! Please like, subscribe and share your ideas and charts with the community! -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! 🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> TradingView --------------------------------------------------------------------------------------------------------
by TradingShot
2
EURUSD Clash between the 1D and 4H time-framesEURUSD is trading within a long-term Channel Down on the 1D chart (left) that made yesterday a Lower High and a Channel Up on the 4H chart (right) which has just crossed its Higher Low trend-line. It is hard to know which of the two pattern will prevail (i.e. the 1D Channel Down with its Lower High rejection will break the Channel Up downwards, or the 4H Channel Up will rebound and break above the Lower High trend-line of the Channel Up), but most likely whichever breaks first, that might be the next long-term trend. A few pointers to keep in mind: * The 1D MA50 (blue trend-line on the left) has been crossed two sessions ago, but not convincingly so far and it is applying selling pressure (Resistance). * 1D Bullish Cross on the MACD (left). Very powerful indicator, last time that took place on July 13 and EURUSD then rose by more than 6%. * Emerging Golden Cross on 4H (right) but last time (September 15-21) was invalidated. * 4H Bearish Cross on the MACD (right). Excluding the Channel Up, on the Channel Down it marked every drop after a Lower High. Which direction do you think EURUSD will break to? ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! 🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> AxelShadah --------------------------------------------------------------------------------------------------------
by TradingShot
1
EURUSD | PERSPECTIVE FOR THE NEW WEEKRunning 90pips in the opposite direction of my last speculation; The euro surged to a new high against the dollar on Friday and looked to close above a key level that could signal further gains amid optimism about stimulus and President Trump’s recovery. Tendency: Uptrend (Bullish) Structure: Trendline | Breakout | Supply & Demand Observation: i. Bullish Trendline on the chart guides price from below through Key level @ $1.17500 to close above last week. ii. Looking forward to a correction followed by a trend continuation. Trading plan: BUY confirmation with a minimum potential profit of 400 pips. Risk/Reward: 1:5 Potential Duration: 4 to 10 days NB: This speculation can be considered to make decisions on lower timeframes. Watch this space for updates as price action is been monitored. Risk Disclaimer: Margin trading in the foreign exchange market (including foreign exchange trading, CFDs, etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Long
by darcsherry
EURUSD Sell SignalPattern: Channel Down on 4H. Signal: Sell as the price completed the Lower High leg (reached the target on my previous trade; see below) and is now trading sideways while the RSI is descending and the MACD has made a Bearish Cross. Target: 1.1630 (just above the Support). Most recent EURUSD idea: ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! 🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> gergiabboud --------------------------------------------------------------------------------------------------------
Short
by TradingShot
2
EURUSD | PERSPECTIVE FOR THE WEEKIt is over 150pips in our direction since my last publication on this pair (see link below for reference purposes); The “risk-off” situation going on globally appears to favor the US dollar as the Euro rejected the Demand zone and fell during the trading session on Friday to close below $1.17500 (making this level a Supply zone as Selling pressure increases from this area). Tendency: Downtrend ( Bearish ) Structure: Breakdown | Harmonic (AB = CD) Observation: i. The Breakdown of the $1.17500 level mid last month followed by a rejection of this level last week insinuates a risk of further decline in the coming week(s). ii. As the selling pressure continues to accumulate around $1.17500 - chances of a Breakdown of $1.1700 (Key Level) become greater. iii. It is worthy to note that the rejection of $1.17500 is exactly at a 61.8% retracement of AB Leg with a better chance of forming the AB = CD pattern as stated below; iv. ABCD parameters; a. Impulse A-to-B will be in harmony with the potential C-to-D leg. b. The B- to-C leg is at 61.8% Fibonacci retracement of the A-to-B leg. c. The C-to-D leg is expected to fall within 127.2 - 1.414% Fib. ext. of the A-to-B move. Trading plan: SELL confirmation with a minimum potential profit of 180 pips. Risk/Reward: 1:4 Potential Duration: 2 to 6 days NB: This speculation can be considered to make decisions on lower timeframes. Watch this space for updates as price action is been monitored. NirvanaForex Risk Disclaimer: Margin trading in the foreign exchange market (including foreign exchange trading, CFDs, etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Short
by darcsherry
Long EURUSDBy overviewing the charts, the other probable scenario, is a downtrend movement of 4 wave from C point. One of the reasons is that the RSI has not been accompanied by a downtrend .By price crossing the drawn trend line, this scenario is confirmed, and we can enter the uptrend and the first targets of 1.2080 to 1.2450.We should also note that in the daily chart, the range of 1.255 is very important, and if the price can cross this range, the downtrend is completely over, and we must think about a very long-term uptrend. In addition, in corrective movements of downtrends,we should only go long.
Long
by NirmataFX
EURUSD Trading PlanPattern: Channel Down on 4H. Signal: Sell either on the key trend-line (dashed) or on the Lower High trend-line of the Channel Down. Target: 1.16250 (Lower Low). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! Shout-out to TradingShot's top TradingView Coin donor this week ==> billstenzel
by TradingShot
EURUSD Trading PlanPattern: Head and Shoulders on 4H. Signal: (A) Bullish as long as the price trades above the 4H MA50, (B) Bearish if it breaks below. Target: (A) 1.1950 (right below the neckline of the H&S), (B) 1.1770 (right above the Support). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! Shout-out to TradingShot's top TradingView Coin donor this week ==> CITIZENCAINE
by TradingShot
2
EURUSD | PERSPECTIVE FOR THE WEEKAfter running 100pips in our direction since my last publication (see link below for reference purposes); the journey of the Bulls which began in February 2020 appears to be stalling following the inability of price to go beyond 1.20000 as a reversal structure appears at this juncture in the market. Attempts to break the 1.2000 level during the course of last week proved abortive as price pulled back significantly to reach down towards the 1.18 level during the Friday session. Tendency: Downtrend ( Bearish ) Structure: Channel | Supply & Demand Observation: i. Even though the price is caught within an Ascending channel, it is sandwiched in between a Supply and Demand zone. ii. Following the significant Bearish move last week, a Breakdown of the Support of Channel could be an emphatic signal for a further decline for the Euro in the coming week(s). iii. The price inability to break 1.18800 (a level identified with strong selling pressure since Aug. 2020) during the later part of the week signals a shift in the market. iv. Breakdown/Retest of my Key level @ 1.17650 is an area to watch out for in the coming week. Trading plan: SELL confirmation with a minimum potential profit of 400 pips. Risk/Reward: 1:5 Potential Duration: 4 to 12days NB: This speculation can be considered to make decisions on lower timeframes. Watch this space for updates as price action is been monitored. NirvanaForex Risk Disclaimer: Margin trading in the foreign exchange market (including foreign exchange trading, CFDs, etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Short
by darcsherry
EURUSD | MY PERSPECTIVE FOR THE WEEKFollowing a whole lot of noise, the Euro rallied significantly during the course of the week, slicing into the 1.19000 Key level. It is a market that is grinding higher and appears not to be having stalling signs with the emerging set-up. With over 140pips profit in our direction since my last publication (see link below for reference purposes); As price respected our Harmonic structure - remember that I stated last week that we shall be observing how price reacts to my Key Level @ 1.19000 for a Bullish or Bearish consideration. Tendency: Uptrend ( Bullish ) Structure: Trendline | Supply & Demand Observation: i. Bullish Trendline continues to pave way for price action as indecision grips the market in consolidation structure since the beginning of the month (August 2020) ii. The buying pressure and rally around the s Euro currency is gathered extra pace at the end of last week and is now lifting EUR/USD towards an anticipated fresh highs. iii. Breakout and Retest of 1.19000 zone suggest an affirmative rally continuation. iv. It is pertinent to state here that a Breakdown and Retest of our Bullish Trendline suggest an affirmative shift in direction as the Demand zone remains an area to break for the Bears to gain significant momentum. Trading plan: BUY confirmation with a minimum potential profit of 250 pips. Risk/Reward: 1:3 Potential Duration: 2 to 6 days NB: This speculation can be considered to make decisions on lower timeframes. Watch this space for updates as price action is been monitored. NirvanaForex Risk Disclaimer: Margin trading in the foreign exchange market (including foreign exchange trading, CFDs, etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Long
by darcsherry
EURUSD | MY PERSPECTIVE FOR THE WEEKRisks continue to shift in favour of an overdue correction lower on this pair as the need to take a very critical approach to find accurate trading opportunity in the following week(s) becomes very necessary. The appearance of a harmonic pattern at this juncture suggest that we might be experiencing a Bullish run to test 1.19000 with my sincere intention of observing how the price will react at this level in anticipation of either a further decline or Breakout and retest for a rally. Tendency: Uptrend ( Bullish ) and Downtrend ( Bearish ) possibility Structure: Trendline | Supply & Demand | Harmonic (AB = CD) Observation: i. Bullish Trendline continues to pave way for price action as indecision grips the market in consolidation structure since the beginning of the month (August 2020) ii. Breakdown and Retest of 1.19000 zone suggest an affirmative shift in direction. iii. Price making a Harmonic move to test Demand zone (1.17500) could be a clue for a "quick" buying opportunity in anticipation of a decline in the nearest future. iv. ABCD parameters; a. Impulse A-to-B in harmony with the potential C-to-D leg. b. The B- to-C leg is at 50.0% Fibonacci retracement of the A-to-B leg. c. The C-to-D leg is expected to fall within 127.2 - 1.414% Fib. ext. of the A-to-B move. v. My perspective to this supports a Buy and Sell (depending on how price reacts if it gets to 1.19000 as I hope to see how European PMI will incite the market) opportunity on this one. Trading plan: BUY/SELL confirmation with a minimum potential profit of 300 pips (total). Risk/Reward: 1:3 Potential Duration: 1 to 5 days NB: This speculation can be considered to make decisions on lower timeframes. Watch this space for updates as price action is been monitored. NirvanaForex Risk Disclaimer: Margin trading in the foreign exchange market (including foreign exchange trading, CFDs, etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Long
by darcsherry