EURUSDPair : EURUSD ( Euro / U.S Dollar )
Description :
Completed " 1234 " Impulsive Waves
Break of Structure
Fibonacci Level - 61.80%
Bullish Channel as an Corrective Pattern in Short Time Frame
Fake Breakout
Eurusdtradeidea
EURUSD Following the planEURUSD is perfectly following my plan. I closed my first short for around 30 pips gain and i am now waiting for a confirmation to enter again. My idea is to wait till 11 AM NY time, i want to see if US session can bring us some volatility. If there i will see a bearish pattern, i will enter short again targeting the 1.06 area. Invalidation above the black line at 1.07350
EURUSD BUYHi fellow traders, EURUSD has reached the blue box after completing the ABC corrective structure. Target the previous top. Good luck and trade safe!
eurusd shortDear friends and companions:
My technical analysis is based on trend line and also smart money.
A suitable point for sale with r/r=5
At the same time, there is a possibility of an increase in the American interest rate and the strength of the dollar. So I will only sell
EURUSDDear Traders,
We have witness change in price action, our bias remain same although now we are looking at the different area from where we can take entry. The first area is identified on the chart as 'entry' and then there are three areas to set 'take profit'. For stop loss it is up to your own risk management.
Remember, do your own research too, and only take if it matches your own chart analysis.
EURUSD Waiting for a short entryI see a main bearish trend for EURUSD. I drawed a possible bearish flag and a resistance area at 1.07500. If this area will hold, i think the bearish trend is still strong and i will wait for an entry as soon as we will break below the flag. First target for the short 1.05500
EURUSD - This might be the one 50:1 RRR!! Hello everyone!
I shared a buy opportunity on FX:EURUSD earlier today that got stopped out unfortunately but I think everything happens for a reason and we managed to get a entry even lower for a better possibility to catch the reversal.
This trade gonna require a lot of mental and patience however my positions are in BE and login deleted on metatrader. Gonna be interesting to see how it plays out.
What do you think?
EURUSD - Little spicy buy opporunity for 20+ RRRHope everyone liked the previous idea which hit full tp for a RRR of 17.5. This one is quite harder for a RRR of 20:1. Let me know if you agree or not with possible EURUSD up movement.
EURUSD - Noticed interesting sell setup for +20 RRREURUSD is currently in a quite interesting POI as we speak to sell from. My trades are usually within 10 pip SL and will be moved to BE when opportunity is given.
EURUSD Pair : EURUSD ( Euro / U.S Dollar )
Description :
Symmetrical Triangle as an Corrective Pattern in Long Time Frame with the Breakout of Lower Trend Line
Completed " 1234 " Impulsive Waves
RSI - Divergence
Break of Structure
Bullish Channel in Short Time Frame
EURUSD Bearish Butterfly Pattern Formation @ 4-Hour TimeframeEURUSD is currently forming a Butterfly Harmonic Pattern (XABCD) on the 4-hour timeframe. This pattern is characterized by specific Fibonacci ratios between the price swings. The pattern consists of four legs: XA, AB, BC, and CD. The completion point, known as Point D, is expected to coincide with a key Resistance level.
Trendline Analysis:
Additionally, there is a trendline that intersects with the completion point of the Butterfly pattern. This trendline further reinforces the potential resistance at Point D and suggests a strong level of selling pressure.
Bearish Momentum Expected:
Based on the formation of the Butterfly Harmonic Pattern and the confluence with the trendline resistance, we anticipate a shift in momentum towards the downside. This suggests a bearish outlook for EURUSD.
Entry, Stop Loss, and Take Profit Levels:
Entry: We recommend taking a short position at 1.06800, which aligns with the anticipated reversal point (Point D) of the Butterfly pattern and the resistance level.
Stop Loss: To manage risk, a stop loss should be placed at 1.07180, just above the recent swing high. This level provides a buffer against potential market volatility while allowing room for the trade to develop.
Take Profit Targets:
We have identified two take profit levels:
TP-1: Set the first take profit target at 1.06400. This level corresponds to a significant support area and offers a reasonable profit target based on the expected bearish momentum.
TP-2: The second take profit target is set at 1.06025, aiming for a deeper retracement. This level aligns with a previous swing low and provides a more ambitious target for profit-taking.
Conclusion:
In conclusion, the EURUSD pair is exhibiting signs of a potential bearish reversal as it forms a Butterfly Harmonic Pattern along with a trendline resistance on the 4-hour timeframe. Traders may consider short positions with an entry at 1.06800, a stop loss at 1.07180, and take profit targets at 1.06400 and 1.06025. It's essential to monitor price action closely and adjust positions accordingly as the trade develops.
EUR/USD could be due a break from its bearish drubbingHaving fallen for six consecutive days, bearish momentum on EUR/USD is beginning to fade. Tuesday's low also held above the 1.06 level and 71.6% Fibonacci level whilst RSI (14) and (2) are in oversold levels on the daily chart.
The 4-hour chart shows bullish divergences on the RSIs, so the bias is to seek dips towards 1.06 for a long towards 1.0650 at a minimum. As we suspect some mean reversion higher is due - even if only temporarily.
Sell Bias on EURUSD | Yemi_Fx1As price has push into the resistance zone Impulsively due to today's economic news. And it sold off impulsively also.
I'm looking forward for a valid formation of a continuation pattern to cement my sell bias on this pair.
If you found this helpful, please support your fellow trader with a like.
EU Shorts Look PromisingEU Looks Weak,
So taking sells from that H1 IFVG after H1 Created a Sellside FVG Trading inside and away from
H4 Sellside FVG.
EURUSD: approaching a possible swing buying opportunity FX:EURUSD dxy remained extremely bullish in recent few weeks which resulted EURUSD to drop significantly leaving many gaps in the price action. What we want now for price to drop further which will result price to fall under the discounted price zone. This is the last chance for price to rebound, if it fails then price can falls further creating year's lowest low.
EURUSD: Strong US retail sales push the dollar to new highsThe US economic system acquired a super improve from an first rate growth in retail income in March, which contributed to a sturdy monetary enlargement and a massive strengthening of the greenback. in comparison to different principal currencies.
The greenback`s upward push comes amid issues approximately China's economic system, which, despite the fact that first-area annual GDP boom of 5.3% handed expectancies, noticed zone boom and income growth. Retail income in March did now no longer meet forecasts. Furthermore, China's new domestic costs skilled their sharpest decline in 8 years and actual property funding fell almost 17% yr-on-yr.
The US greenback index hit a five-month excessive on Tuesday, marking a 4% advantage during the last six weeks. This growth comes as expectancies for hobby fee cuts through americaA Federal Reserve (Fed) are shrinking, even as different critical banks are going through stress to loosen economic policy.
As a result, the euro, China's offshore yuan and the British pound fell to their lowest ranges in opposition to the greenback because November. The Japanese yen additionally weakened to a brand new 34-yr low of 154 .60 in line with greenback and forex volatility measures hit their maximum in extra than months.
Analysis of EURUSD DirectionHey, guys.
Friends who are tired of the continuous decline, Look at this chart.
I got two clear signals of a rebound.
If the candles don't breakdown gray zone in current position, and don't close down.
That is cleary condition that candles rise up.
EURUSD 1704Pair : EURUSD ( Euro / U.S Dollar )
Description :
Symmetrical Triangle as an Corrective Pattern in Short Time Frame with the Breakout of Lower Trend Line
RSI - Divergence
Break of Structure and Retracement
Completed " 1234 " Impulsive Waves
EURUSD Expecting a pullbackI am waiting to enter long on EURUSD. The price has just made a lower low and usually this could lead to a reversal point. I marked a short term bearish trendline and i will wait for a break above this trendline before entering in a long trade.
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!
EURUSDPair :EURUSD ( EURO / U.S Dollar )
Description :
Bearish Channel as an Corrective Pattern in Long Time Frame
Break of Structure
Completed " 12345 " and " AB " Corrective Waves
Symmetrical Triangle in Short Time Frame
Impulse Correction
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.
