Eurusdtradeidea
EURUSD Technical Analysis and Trade IdeaIn this video, we explore a trading approach for the EURUSD pair. Our analysis suggests a potential trading opportunity. We provide an extensive analysis of the current price trends, carefully assess the market structure, and consider the dynamics of the market. When conditions are favorable, we identify a possible entry point. However, it’s critical to highlight the necessity of employing effective risk management tactics. Please be aware that this video is designed strictly for educational reasons and is not meant to serve as financial guidance.
EUR/USD imminent Longs up towards 1.07000
This week's bias closely resembles that of GU, where I'm seeking buying opportunities towards a subsequent selling position. With price melting down and breaking structure to the downside, it has created numerous imbalances that need filling, prompting this bullish outlook.
I'll be patient, waiting for the accumulation phase to complete along with a confirmation of change of character (CHOCH) to enter buy positions aiming for the newly established 10-hour supply zone. Subsequently, I'll look to initiate sells to continue the bearish trend downward.
Confluences for EU Buys are as follows:
- Price left so many imbalances above that need to be filled.
- In order for price to continue the bearish trend price must pull back up.
- Price is currently inside a 18-hour demand zone with a good initial reaction.
- DXY is also near a good supply zone so could expect the dollar to drop a bit this week.
P.S. Given the Asian low within my zone, I wouldn't be surprised if price dips further to test a deeper demand area below. Nonetheless, these long positions are merely a temporary move to realign with the prevailing bearish trend.
Have a great trading week guys!
EURUSD Daily scalp setupHere you are a short setup i am waiting for on EURUSD. I expect a small consolidation and drop below main trendline. In 3 hrs from now, i expect an end to the consolidation with the NY session. There, if i the price will be traded below the black line (support zone) and will retest it, i'll open a short position targeting the support zone at 1.08230. It's and 1:7 RR, invalidation will be if the price will not break below the black line in the next 3 hrs.
EURUSD: 300+ Pips a clear buying opportunity! Dear Traders,
Our last entry hit breakeven and price dropped heavily due to bullish dxy presence. We still expect DXY to remain bullish for starting few days of next week. We have identified the key area where we think price will reject and bounce back strongly which will give us 300+ pips. Wait for the price to come to our area and then enter accordingly with accurate risk management.
Please like and comment the idea, your support is appreciated.
Thanks.
EURUSD,🔴Is it bearish...?🔴(Details on caption)
Well, first I must say the whole scenario is a low probability because NFP data will be released today, so stick to your money management system.
By examining the daily and hourly EURUSD chart we can figure out, that the price grabbed the buy side liquidity and created the bearish breaker with bearish FVG, also this breaker aligns with the 50% of daily candle shadow.
So we can expect the price to move higher to FVG and breaker then fall to sell-side liquidity.
💡Wait for the update!
🗓️05/04/2024
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EUR/USD at critical support, trade with cautionHello traders, EUR/USD is at a very critical support zone. I say critical because
this is the last noticeable support zone. The next support lies far lower at 1.0460.
So, at this stage, it would be wise to exercise caution, especially buyers. We can see
that price has already gone up by 45+ Pips from the support zone. In the past,
there were 2 occasions where EUR/USD went up from this zone.
So, if anyone I wants to buy, I would recommend buying at 1.0700-1.0730 with Stop loss
below the 1.0690 level. Targets would be 1.0850 and 1.0950
Today, we have some important data release and also Fed Chair Powell's speech which wil
lead to a lot of volatility.
EURUSD Technical Analysis and Trade IdeaThe EURUSD has experienced downward pressure, evident on both the daily and 4-hour time frames. Currently, the price is overextended, and I am actively seeking a shorting opportunity if the price retraces around the 50% to 61.8% Fibonacci level. In the video, we delve into price action, analyse the trend, evaluate market structure, and discuss a specific trade idea with defined entry points, stop loss, and target levels. As always, please remember that this information is solely for educational purposes and should not be considered as financial advice.
EURUSD LONG Daily TFEURUSD LONG Daily TF
Daily TF:
4H TF:
1H TF:
Trade to be initiated only when price closes above Blue Sloping TL. Otherwise, Trade should not be initiated. THe pattern formed is deformed Inverse H&S found in Daily TF.
Stop Loss should be 25 to 30 pips after initiating the trade or 5 pips below round figure of 1.07
EURUSD Technical Analysis and Trade IdeaThe EURUSD exhibits a bearish bias, highlighted by a decisive break of structure on the daily timeframe. Approaching a key support zone, the pair appears overextended. The accompanying video explores a potential selling opportunity on a 50-61.8% Fibonacci retracement. Please note: this analysis is for educational purposes and does not constitute financial advice.
💡 EURUSD: Forecast March 27EURUSD yesterday rose to the resistance zone around 1.0855 and formed a selling pressure zone for us. You can enter a sell order with the bearish candle marked with a red arrow as shown in the chart.
Currently, the market is turning bearish. If you look at the low time frame, you can see this downward trend much more clearly. Our current trading strategy is selling. and the nearest resistance area is the supply area and is struggling around the previous peak at the price level of 1.0840. If the price can return to this resistance area, you can find a signal to sell.
EURUSD → Day Analysis | BUY SetupHello Traders, here is the full analysis.
Price reversal going up, levels for BUY . EURUSD long
! 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 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
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EurUsd - 1.000 Pip DropHello Traders, welcome to today's analysis of EurUsd.
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Explanation of my video analysis:
EurUsd has been trading in a pretty obvious descending channel for over a decade and is currently retesting the top resistance of the channel. Furthermore there is a horizontal structure level around the $1.09 level which is also acting as resistance. I am expecting more bearish pressure on EurUsd to eventually retest the lower support of the channel pattern.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
💡 EURUSD: Forecast March 25After the railroad model, EURUSD broke the previous bottom and fell sharply in the past session. It has now approached the initial target level around 1.08 and completed the head-and-shoulders reversal pattern. The sellers are showing dominance, expecting the price to continue to go down, the next target is around 1.07xx, you can already look for selling opportunities.