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EUR/USD Short on 5-Minute Timeframe: Targeting Downtrend After a retracement to the 0.5 Fibonacci level, we are looking for a continuation of the downtrend on the EUR/USD pair. The target is to reach the 1.11000 area, where potential support may emerge. This trade is set on a 5-minute timeframe, aiming to capitalize on short-term bearish momentum. Key Levels: • Entry: Positioned after the retrace to the 0.5 Fibonacci level, near the upper resistance zone, aligning with the anticipated trend continuation. • Target: 1.11000, a key level where support is expected. • Stop-Loss: Placed above the recent high, beyond the 0.5 Fibonacci retracement level, to manage risk if the price reverses. Rationale: The retracement to the 0.5 Fibonacci level offers an ideal entry point for a short position, with the expectation that the downtrend will continue towards the 1.11000 target. The trade plan includes a tight stop-loss for effective risk management while pursuing the downside opportunity. Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
Short
by AR33_
1
EURUSD / TRADING BELOW TURNING LEVEL - 4H XRPUSDT / 4H TIME FRAME HELLO TRADERS Tendency , prices is under downward pressure , until trading below turning level at 1.112 . Downward Condition : With the price holding steady at the current turning level at 1.112 , it is likely to decline towards the support level of 1.108 . If it stabilizes below this level, it could then reach the next target level of 1.103 . Upward Condition : for an upward , a potential is expected if the price breaks the turning level at 1.112 , leading to a rise toward the resistance level (1) at 1.118 . For a sustained increase, the price must breaking the resistance level (1) to reach the next resistance at 1.124 . TARGET UPWARD ZONE : RESISTANCE LEVEL (1) : 1.118 . RESISTANCE LEVEL (2) : 1.124 . TARGET DOWNWARD ZONE : SUPPORT LEVEL (1) : 1.108 . SUPPORT LEVEL (2) : 1.103 . TURNING LEVEL : 1.112 .
Short
by ArinaKarayi
EUR/USD Trade Idea Update: Full Take Profit AchievedFollowing the break below the Sunday open, the Asian session continued to drive the price downward, successfully hitting our full take-profit target. Key liquidity levels were taken after the pair ranged for two days, providing an ideal setup for our short position. The break of structure signaled a strong entry point, aligning with the rebalancing of price action after Friday’s speech from Powell. Key Levels: • Liquidity Taken: After consolidating between 1.1145 and 1.1185, the pair broke lower, clearing liquidity. • Entry Point: Positioned after the break of structure near 1.1150. • Take Profit Level: Achieved around 1.1100, capitalizing on the continued bearish trend. Congratulations to all who capitalized on this move! Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
by AR33_
3
EUR/USD Long: Strategic Entry Amidst Bullish Momentum EUR/USD Long Position Targeting Sunday Open Setup Overview: This trade is based on a 30-minute chart where EUR/USD is positioned for a potential bullish move. The pair has recently shown strong support at the lower zone, and I’m targeting a rally towards the Sunday open, which aligns with the upper resistance level visible on the chart. Key Levels: • Entry: The trade is entered near the support zone, capitalizing on the recent retracement and aiming for a bounce back. • Target: The Sunday open level, which corresponds with the upper green zone on the chart, indicating potential profit-taking. • Stop-Loss: A stop-loss is set just below the recent low, indicated by the red zone, to manage risk and protect the position in case of a downward move. Rationale: The recent price action suggests a consolidation phase, with a bullish breakout likely as we approach the weekend. The trade strategy is built on the expectation that the EUR/USD will rebound off the support and head towards the Sunday open, where previous price action has shown resistance. Risk Management: With a well-defined stop-loss and a clear target, this trade maintains a favorable risk-to-reward ratio. The setup is designed to capture the upside potential while minimizing downside risk.
Long
by AR33_
6
EURUSD / INSIDE ASCENDING CHANNEL - 4HEURUSD / 4H TIME FRAME HELLO TRADERS Tendency , prices is under downward pressure , until trading below turning level at 1.112 . Downward Condition : With the price holding steady at the current turning level at 1.112 , it is likely to decline towards the support level of 1.107. If it stabilizes below this level, it could then reach the next target level of 1.099 . Upward Condition : for an upward , a potential is expected if the price breaks the turning level at 1.112, leading to a rise toward the resistance level (1) at 1.117 . For a sustained increase, the price must breaking the resistance level (1) to reach the next resistance at 1.112 . TARGET UPWARD ZONE : RESISTANCE LEVEL (1) : 1.117 . RESISTANCE LEVEL (2) : 1.112 . TARGET DOWNWARD ZONE : SUPPORT LEVEL (1) : 1.107 . SUPPORT LEVEL (2) : 1.099 . TURNING LEVEL : 1.112 .
Short
by ArinaKarayi
EURUSD / BREKOUT ASCENDING CHANNEL - 4H EURUSD Tendency , the price is under bullish pressure , until trading above turning level at 1.101 . Turning Level: The price is currently trading above this level around 1.101. As long as it remains stable and stays above this level, a rising toward the resistance level (1) is likely . However, if the price breaks under this level and a 4-hour candle closes below it, an downward move toward the support level (1) can be expected. support Level (1) : around 1.095 , The price is currently above turning level . To reach this level, the price needs to break and close a four-hour candle below the turning level at 1.101. If the price reaches 1.095 , and stabilizes below it, it will likely attempt to reach support level (2) support Level (2): When the price breaks through support Level (1) and closes a 4-hour candle below it, this suggests it could reach around 1.088 . To confirm an downward , the price needs to reach this level before moving on to support Level (3) at 1.078 . Resistance Level (1): As long as the price remains above the turning level of 1.101 , it suggests a rising towards 1.108 . If the price reaches this level and stabilizing above it, it will likely attempt to reach resistance Level (2). Resistance Level (2): When the price breaks through resistance level (1) and closes a 4-hour candle above it, this suggests it could reach around 1.113 . To confirm an uptrend , the price needs to reach this level before climb on to resistance Level (3) at 1.116 . Channel Trend: breakout ascending channel . TARGET LEVEL : RESISTANCE LEVEL : 1.108 , 1.113 , 1.116 . SUPPORT LEVEL : 1.095 ,1.084 , 1.78 .
Long
by ArinaKarayi
#EURUSD: 400+ Pips Buying Opportunity! Do not miss outFX:EURUSD Price is approaching our buying zone, from where we can expect a strong price rebound. Also, we have very important news coming up this week, NFP may have significant impact on the future of this pair. However, as we had mentioned previously that we cannot predict the news, we can only see the chart and analysis what is in front of us. Always, do not rely on economic news as none of us can predict. Instead, focus on our area of buying, if price do come to the region then wait for the rejection and with the confirmation you can take a swing entry. **If you like our work please like, comment and follow us which will encourage us to bring you more educational ideas** Team Setupsfx_
Long
by Setupsfx_
10
SHORT EUR/USD from 1.1125"The trend is your friend" is a well worn FX trading adage. Its meaningless. The trend is your friend if the trend is heading in the same direction as your trade but if its not then the trend is your enemy. EUR/USD is in an uptrend and has been since 1st August. The price has now hit a level last seen on the 28th December 2023. The last time the price was at this level, the trend ended and reversed 550 pips. Anyone LONG on 28th December 2023, following the trend, would have lost heavily without a STOP in place. Trends always end eventually and when they do they present a trading opportunity. I have a SHORT EUR/USD trade on becuase: a) we are at a historically significant high b). H4 on the Andean Oscillator see the red SELL line rising off zero as the green BUY line ceases rising. c).H1 Andean Oscillator see the red SLL line rising signifcantly as the green line falls. d). RSI on H4 is decling from overbought levels. e). MACD on H4 has seen the fast MA move south over the slow MA GBP/USD daily candle is red (BEARISH) NZD/USD daily candle is red (BEARISH). Trading is gambling. No-one knows where the price of any instrument will be in an hour or in 4 hours so EUR/USD MAY decline from these levels. This is the key - the price MAY decline. I have a tight 25 pip STOP above the recent high so my risk/reward if EUR/USD does decline makes this a trade worth taking. But just to return to my opening line - EUR/USD IS technically still in an uptrend which is why a STOP is MANDATORY (it should be for ALL trades). We cannot rule out EUR/USD BULLS stepping in to try and drive the price higher particulalry as the USD is WEAK currently.
Short
by forextraplaces
EURUSD, Ready to fall ?Hello Traders, Hope you are doing great. for upcoming week, we'll probably see the continuation of upward movement to Specified Red zone at first, and after that we'll probably see a fall to specified dashed lines. so with a proper trigger we can open a short position. we also have regular divergence in 4H and Hidden Divergence in Weekly time frame. And finally tell me what do you think ? UP or DOWN ? leave your comment below this post. If this post was helpful to you, please like it and share it with your friend. THANKS.
Short
by aminrzb
17
EUR/USD Shorts from 1.11000 back down to demandPrice action for EUR/USD is very similar to GBP/USD (GU). If GU continues rising to mitigate that deeper supply, it aligns with the 1.11000 level in the 20-hour supply zone for EUR/USD. I expect the bullish pressure to gradually die down and for price to eventually mitigate this supply. Therefore, I don’t expect a major move on Monday, but this scenario could play out over the week. If price sells off from the 20-hour supply zone, I will then wait for scenario (B), which involves the mitigation of the daily demand that caused a break of structure to the upside. There's also a refined version of this demand on the 19-hour time frame, which looks promising for buys to continue the bullish trend. Confluences for EUR/USD Sells: - Bullish pressure is getting exhausted, suggesting a potential retracement. - There is a lot of liquidity below, along with imbalances that need to be mitigated. - This outlook aligns with expectations for the DXY to rise slightly. - This is a counter-trend short-term trade with the goal of eventually rejoining the pro-trend. P.S. If price reacts to the current imbalance and goes back down, I will look to enter buys to take price back up to the supply zone. However, buys are favorable due to the current bullish trend.
Short
by Hassan_fx