Eurusdtradeidea
EUR/USD "The Fiber" Forex Market Bearish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
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Based on 🔥Thief Trading style technical analysis🔥, here is our master plan to heist the EUR/USD "The Fiber" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Green Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. 👀 So Be Careful, wealthy and safe trade.💪🏆🎉
Entry 📉 : You can enter a short trade at any point,
however I advise placing sell limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest high/low level should be in retest.
Stop Loss 🛑: Using the 4H period, the recent / nearest high level.
Goal 🎯: 1.02500 (or) Escape before the goal
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Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan.
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#EURUSD 4HEURUSD (4H Timeframe) Analysis
Pattern Identified:
Trendline Resistance: Price is respecting a descending trendline, indicating selling pressure and a bearish outlook in the short term.
Forecast:
Sell Now: The price is currently near the trendline resistance, providing an opportunity for a short position as the trend remains bearish.
Buy Opportunity: If the price drops and touches the identified support level, a potential buying opportunity may arise, expecting a bounce from support.
Key Levels:
Sell Entry: Near trendline resistance.
Stop Loss (Sell): Above the trendline resistance to limit risk.
Take Profit (Sell): At the next support level.
Buy Entry: At the support zone, once a bullish confirmation is observed.
Stop Loss (Buy): Below the support level in case of a breakout.
Take Profit (Buy): Towards the trendline resistance or next resistance level.
Market Sentiment:*
Short-Term Bearish: Dominated by sellers under trendline resistance.
Reversal Potential: Watch for support zone reactions to switch to a buy setup.
EURUSD UpdateEURUSD pair is forming an descending trendline its not valid yet because it got only 2 touches so we're waiting the 3rd touch to form and make our red trendline valid.
once it hit we will be looking for a short position on a lower timeframe and it broke above we will be waiting for a retest and rejection o our trendline to enter a long position with a take profit the 0.76 Fib Retracement zone.
Happy Trading Family
Follow us for more pairs updates
EURUSD BUY | Idea Trading AnalysisEURUSD is moving in an UPWARD channel.
We expect a decline in the channel after testing the current level.
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity EURUSD
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad
EURUSD H1 17/12/2024 - SELL below 1.0505 1.0480EURUSD H1 17/12/2024 - Bearish pressure by macroeconomic fundamentals and a dovish ECB outlook
Technical Analysis Summary
D1 (Daily Chart)
Trend: Bearish with price trading well below the 200-SMA and stuck below the 20-EMA at 1.0540.
Indicators:
RSI: At 40.64, indicating bearish momentum and approaching oversold conditions.
Stochastic: Bearish crossover below 40, showing potential for further downside.
MACD: Negative histogram and signal line, confirming a bearish outlook.
Key Levels:
Resistance: 1.0530 (20-EMA), 1.0560 (near-term swing high).
Support: 1.0480, 1.0460, and a broader target of 1.0435.
H4 (4-Hour Chart)
Trend: Consolidation in a bearish channel, with price unable to break above the 50-SMA.
Indicators:
RSI: At 42.81, reflecting bearish momentum.
Stochastic: Bearish crossover heading down towards oversold levels.
MACD: Bearish histogram, confirming bearish continuation.
Key Levels:
Resistance: 1.0515, 1.0535 (50-SMA).
Support: 1.0485, 1.0460.
H1 (Hourly Chart)
Trend: Bearish, with price below the Ichimoku cloud, 50-SMA, and 200-SMA. Bearish momentum is strong after a recent failed attempt to recover.
Indicators:
RSI: At 38.13, signaling bearish momentum below 40.
Stochastic: Near 10, indicating oversold conditions and suggesting a potential short-term pullback.
MACD: Bearish histogram with a downward signal line.
ATR: At 10 pips, reflecting moderate volatility.
Key Levels:
Resistance: 1.0505 (minor), 1.0530 (20-EMA).
Support: 1.0485, 1.0460, 1.0435.
M30 (30-Minute Chart)
Trend: Downtrend with price consolidating near support at 1.0485.
Indicators:
RSI: At 34.85, approaching oversold conditions.
Stochastic: At 12, suggesting a minor pullback may occur before further declines.
MACD: Negative momentum remains intact.
Correlated Financial Instruments
US Dollar Index (DXY):
DXY remains firm above 106, supporting a bearish EUR/USD outlook. USD strength continues as inflation data backs expectations of steady Fed policy.
Gold (XAU/USD):
Gold remains under pressure, further confirming USD strength.
Trade Plan for EUR/USD H1
Trade Setup 1: Bearish Continuation on Retracement
Rationale: Given the clear bearish momentum and inability to break key resistance levels, a retracement toward resistance offers a short-selling opportunity.
Trade Details:
Entry Price: 1.0505–1.0510 (near minor resistance).
Stop-Loss: 1.0535 (above the 20-EMA on H1).
Take-Profit Levels:
TP1: 1.0485.
TP2: 1.0460.
Risk/Reward Ratio: ~1:2.
Trade Setup 2: Breakout Short Below 1.0485
Rationale: A clean break below 1.0485 support will confirm a bearish continuation towards the next key levels.
Trade Details:
Entry Price: 1.0480 (on breakout).
Stop-Loss: 1.0505 (above breakout resistance).
Take-Profit Levels:
TP1: 1.0460.
TP2: 1.0435.
Risk/Reward Ratio: ~1:2.
Trade Setup 3: Intraday Scalping Short (M30–H1 Levels)
Rationale: If a short-term pullback occurs, use M30 chart resistance as an entry.
Trade Details:
Entry Price: 1.0500 (psychological level).
Stop-Loss: 1.0515.
Take-Profit Levels:
TP1: 1.0485.
TP2: 1.0475.
Risk/Reward Ratio: ~1:1.5.
Scenario on EURUSD 11.12.24In this analysis, I think there are two possible scenarios and that is a long set up if we stay above the price range around 1.06100-1.06400, but if we do not break through this price range, then I would rather focus on some short set up, we will see the situation is not very visible at the moment.
#EURUSD 1HEURUSD 1-Hour Analysis
The EURUSD pair has broken out of a downtrend channel resistance on the 1-hour chart, signaling a potential shift in momentum to the upside. This breakout indicates bullish strength and presents an opportunity for buying as the price may continue to rise toward higher resistance levels.
Technical Outlook:
Pattern: Downtrend Channel Resistance Breakout
Forecast: Bullish (Buy Opportunity)
Entry Strategy: Enter a buy position after confirming the breakout with bullish price action signals, such as a retest of the broken resistance line acting as support or the formation of higher highs and higher lows.
Traders should monitor indicators like RSI for overbought conditions or MACD for confirmation of bullish momentum. Employ proper risk management with stop-loss orders placed below the breakout or retest level, and set profit targets at key resistance zones above.
#EURUSD 1DAYEURUSD Daily Analysis
The EURUSD pair is forming a falling wedge pattern on the daily chart, which typically signals a potential bullish reversal. The price is currently consolidating within the wedge, and a breakout above the resistance line would indicate a shift in momentum to the upside, offering a strong buy opportunity.
Technical Outlook:
Pattern: Falling Wedge
Forecast: Buy ( More Buy Opportunity upon Resistance Breakout)
Entry Strategy: Enter a buy position after the price breaks above the wedge's resistance line and confirms the breakout with bullish price action, such as a strong close above the resistance or a retest of the breakout level.
Traders should monitor supporting indicators like RSI for oversold conditions or MACD for a bullish crossover. Risk management is essential, with stop-loss orders placed below recent lows and profit targets set at key resistance levels above the wedge.
#EURUSD 1HEURUSD 1-Hour Analysis
The EURUSD pair is trading within a downtrend channel on the 1-hour chart and is approaching a key support area near the lower boundary of the channel. This support zone presents a potential buy opportunity as it may act as a reversal point for a short-term bullish move.
Technical Outlook:
Pattern: Downtrend Channel and Support
Forecast: Bullish (Buy Opportunity)
Entry Strategy: Consider entering a buy position near the channel's support line, confirming with bullish price action signals such as a bullish engulfing candlestick or a bounce from the support level.
Traders should ensure proper risk management by placing stop-loss orders below the support level to account for potential breakdowns. Profit targets can be set at the midline or upper boundary of the channel for optimal returns.
EUR/USD Short Trade Analysis and Updated StrategyHello traders! Here is the update of my short trade on the EUR/USD pair on the 15-minute time frame. I explain the key details, adjusted levels and analysis behind this setup.
Trade Details:
Entry: 1.0500
Stop-loss: 1.05223 (placed above the nearest resistance).
Take profit: 1.0480 (targeting the closest support level).
The price remains below key moving averages, confirming bearish momentum.
Clear rejection near resistance levels indicates strong selling pressure.
Support Level in Focus:
1.0480 serves as a significant support zone. This is my primary profit target, as it may act as a potential bounce area.
The RSI shows neutral levels, suggesting the price still has room to move downward before reaching oversold territory.
Stop-loss is set at 1.05223, just above the recent resistance, to account for potential volatility.
Take profit is placed at 1.0480, with the possibility of extending it to 1.0455 if the support is decisively broken.
Actively monitoring the 15-minute chart to track price behavior and make real-time adjustments if necessary.
If the price breaks below 1.0480, I may shift the take profit to the next key support at 1.0455 to capture additional downside potential.
This trade setup offers a 1:2 risk-reward ratio, making it a favorable opportunity while adhering to proper risk management practices.
Disclaimer:
This content is for educational and informational purposes only. It is not financial advice. Trading carries a high level of risk and may not be suitable for all investors. Always conduct your own analysis and use a risk management strategy before entering any trade.
EURUSD H1 10/12/2024 - SELL below 1.0520Multi-Timeframe Analysis
D1 (Daily Timeframe)
Trend Analysis:
Price is in a consolidation phase, hovering just below the Ichimoku Cloud, reflecting bearish dominance.
The 200 SMA is positioned far above current price levels, confirming a longer-term downtrend.
The Stochastic Oscillator is moving out of the overbought zone, suggesting potential bearish continuation.
Key Levels:
Resistance: 1.0580–1.0600.
Support: 1.0520, 1.0490.
H4 (4-Hour Timeframe)
Trend Analysis:
Price has broken below the Ichimoku Cloud and the 50 SMA, signaling bearish pressure.
The RSI (44.3) and Stochastic (13.1) are both oversold, suggesting a short-term pullback might occur.
Key Levels:
Resistance: 1.0550–1.0580 (previous support turned resistance).
Support: 1.0520, 1.0490.
H1 (Hourly Timeframe)
Trend Analysis:
Bearish momentum is dominant, with price making lower highs and lower lows.
The RSI (33.3) is oversold, but there’s no divergence yet.
The MACD histogram is slightly bearish, indicating weakening downside momentum.
Key Levels:
Resistance: 1.0550.
Support: 1.0520, 1.0490.
M30 (30-Minute Timeframe)
Trend Analysis:
Price is consolidating near the 1.0520 support level with signs of potential exhaustion in the bearish move.
Stochastic and RSI are in oversold territory, indicating a potential bounce.
Key Levels:
Resistance: 1.0540, 1.0550.
Support: 1.0520, 1.0490.
Correlated Instruments Analysis
US Dollar Index (DXY):
The DXY is in an uptrend, putting additional pressure on EUR/USD.
If DXY continues higher, it will suppress EUR/USD rallies.
EUR/GBP:
EUR/GBP is neutral to slightly bearish, confirming overall Euro weakness.
US 10-Year Treasury Yield:
Rising Treasury yields support a stronger USD, further increasing bearish bias on EUR/USD.
Trade scenario:
Bearish Continuation After Pullback (Preferred)
Rationale:
The breach of 1.0540 opens room for further downside toward 1.0520 and 1.0495.
A short-term pullback toward resistance (1.0540–1.0550) provides an optimal entry for selling.
Trade Details:
Entry Price: 1.0535–1.0540 (wait for a pullback to resistance).
Stop-Loss: 1.0560 (above recent highs).
Take-Profit Levels:
TP1: 1.0515 (near current support).
TP2: 1.0495 (next key support level).
Risk/Reward Ratio: ~1:2.
Scenario B: Aggressive Breakout Trade
Rationale:
If price breaks decisively below 1.0520, the bearish momentum may accelerate further, targeting 1.0490–1.0480.
Trade Details:
Entry Price: 1.0515 (on a clean break below support).
Stop-Loss: 1.0535 (above broken support).
Take-Profit Levels:
TP1: 1.0495.
TP2: 1.0480.
Risk/Reward Ratio: ~1:2.
#EURUSD 4HEURUSD 4-Hour Analysis
The EURUSD pair is forming a head and shoulders pattern on the 4-hour chart, which is typically a bearish reversal signal. However, in this case, the price action suggests a potential invalidation of the pattern, favoring a bullish breakout scenario. If the neckline resistance is broken, it could provide a buy opportunity.
Technical Outlook:
Pattern: Head and Shoulders (Potential Breakout)
Forecast: Bullish (Buy Opportunity)
Entry Strategy: Enter a buy position upon a confirmed breakout above the neckline resistance with strong bullish momentum.
Traders should monitor for bullish confirmation such as a breakout candlestick with increased volume or indicators like MACD signaling upward momentum. Proper risk management is crucial, with stop-loss orders placed below the neckline and profit targets set at the next resistance levels.
Bullish Catalysts for EUR/USDTechnical Analysis
Monthly Chart:
The weakening of the U.S. Dollar (DXY) creates a favorable environment for bullish movements in EUR/USD. On the monthly chart, the euro is positioned near a significant support zone that aligns with a strong buying area. With the dollar's liquidity grab above 107.348 signaling further downside potential, EUR/USD is well-positioned for upward momentum.
Daily Chart:
The daily chart confirms a strong bullish structure, with higher highs and higher lows indicating sustained upward pressure. The recent weakness in the DXY aligns with this bullish trend, reinforcing the potential for continued euro strength. This week's price action suggests buyers remain firmly in control, and the technical setup supports a move toward higher targets.
Fundamental Analysis
Impact of the U.S. Dollar Weakness:
The euro stands to benefit significantly from the current bearish outlook on the DXY. With the Federal Reserve showing hesitancy toward further rate cuts due to inflation concerns and strong labor market conditions, short-term volatility is likely. However, any signs of labor market weakening or inflation stability could lead to aggressive rate cuts, further weakening the dollar and supporting EUR/USD upside.
Key Catalysts:
This upcoming week, Nonfarm Payrolls (NFP) and unemployment rate data are expected to provide critical directional cues:
Expected Increase in Unemployment: If the unemployment rate increases as forecasted, this would add downward pressure on the DXY, fueling strong upside potential for EUR/USD.
Nonfarm Payroll Volatility: Regardless of the outcome, NFP data typically injects significant volatility into the market. Even in scenarios where unemployment data does not meet expectations, the euro could still reach key targets due to the strong technical bullish structure and high demand at monthly zones.
Summary and Outlook
Technical and Fundamental Alignment:
EUR/USD is in a prime position for further upside given:
The bearish outlook on the DXY, signaling continued weakness in the U.S. Dollar.
The bullish structure on the EUR/USD daily chart, which supports continued buying pressure.
Key catalysts this week, including unemployment and NFP data, which are likely to favor euro strength under expected scenarios.
Key Factors to Monitor:
The actual results of unemployment and payroll data.
Fed commentary and market sentiment on potential rate adjustments.
Any unexpected geopolitical or macroeconomic developments affecting the eurozone or the U.S.
Price Expectations:
Short-Term Target: The bullish structure supports a move toward a significant monthly resistance zone where strong buy-side liquidity resides.
Medium-to-Long-Term Target: If dollar weakness persists and unemployment increases, EUR/USD could see a strong bullish move extending beyond this resistance, possibly forming new highs.
With the DXY weakening and structural alignment in favor of the euro, buying EUR/USD remains a favorable strategy this week, supported by both technical and fundamental factors.
EURUSD: 423+ PiPs Selling Opportunity, one not to miss! Dear Traders
We have a possible selling opportunity on EU, this comes after a strong bearish wicks on daily timeframe. This shows a strong bearish presence in the market. That is why we think there would be a reason for this to have it occurred. And that reason must be a strong sell side correction which will be crucial for big buys/swings bullish move to happen.
EURUSD Raid On Liquidity? Contemplating the Next Move!👀👉 EURUSD remains in a strong downtrend, evident on the daily and 4-hour charts. Currently, we’re seeing an aggressive pullback on the 4-hour timeframe. I’m eyeing a short entry but holding off early in the week—waiting to see how price develops from the London session into the New York open. In this video, we break down market structure, price action, and blend Wyckoff & ICT concepts in an easy-to-understand way. 🚨 Not financial advice. 📉✅