EUR-USD is going up But the pair is locally Overbought so after it Hits the horizontal Resistance of 1.09575 From where we will be Expecting a local Bearish correction !
Hey guys. We see a correction wave "abc" . "b" wave near to complete and start the "c" wave at 1.08514.
Hey tradomaniacs, welcome to a new free trading-setup. EUR/USD:Daytrade-Execution Notice: Aggressive management ahead the CPI-news today! Market-Sell-Order: 1.13670 Stop-Loss: 1.13810 Point of Risk-Reduction: 1.13550 Take-Profit: 1.13140 Stop-Loss: 13,5 pips Risk: 0,5% -1% Risk-Reward: 4,0 LEAVE A LIKE AND A...
Hey tradomaniacs, welcome to a new free trading-setup. Note: This is meant to be a preparation! As always we will have to wait for a confirmation! EUR/USD: Daytrade-Preparation Market-Buy: 1,21620 Stop-Loss: 1,21320 Point-Of-Risk-Reduction: 1,21780 Take-Profit: 1,22200 Stop-Loss: 24 pips Risk: 0,5% - 1% Risk-Reward: 2,0 LEAVE A LIKE AND A...
Hey tradomaniacs, looking at EUR/USD I can see a possible long-scenario in order to continue the trend. Technicals: The previous fakeout by DXY caused a sell-off in EUR/USD which instantly stopped by the retest of the current two trendlines and key-support-zone. Currently we can see a Flat-Type-Correction which is very typical for the 4th-Wave of an...
Hello all, AS wolf wave pattern we see the 3 TP on the chart. this trade for next year. enjoy.
aand if the price follows this prediction analysis and at given time of the unemployment news if we r in starting of last E part of this downside, it means we will have sharp downside and fast returning up with big wick cose of all the orders down there at the gap closing.... so as per all the structure this looks very probable outcome.
this whole structure is last wave from big diagonal presented in chart in comments section, now what we see here is abc structure with a=c with contracted flat in the middle. wave c is copied from wave a which doesnt necessarily need to look like it... it depends of the news and data what deviation it will make. so im expecting some correction and another wave...
ill try to explain something that disturbs me with previous bull view on eu in comments so now ill present bear option. that last drop down is too small to be alone here, so taking whole structure as an example, that A move down has the same length of the first wave as we have now in the wave E. so as shown in smaller time frame chart we may get waited move to the...
overall movement is for upside as we r seeing more weakness on dollar index, so the sub waves of the correction r marked. those red abc in the last wave looks very similar, so it may go some more up to that yellow line and find resistance there. but if this dont drop and if it brakes that green line that would be invalidation of this counts.
well this structure became even more complex, red A has not repeated yet, in the wave B in the midd has developed a complex diagonal /purple/ which is now at the endings and as showed on the chart im expecting some closest form of a diagonal with which the price would came to that blue line which is very strong support. price must bounce of there! but will it...
my expectations for eu r that we r going to test that blue line some were at the orange parallel and if we have strong brake it may retest that as a support and going up is imminent. but if we bounce from there we may retest the low and more likely to brake it. for now it very much depends what structure it will make thru the night, with orange is presented 3...
Elliot Wave Analysis: I've tried to make it as simple and clean as possible: Corrective wave 2 finished: ABC (iii) Impulsive Wave on its way and we could see a long way down for EURUSD in the next couple of months Are you in this trade!? Best of luck -- Felipe Ramirez Owner & CEO: Trading Simple International Instagram: @tradingsimpleint Instagram:...
The next following year Price might push higher to complete the 5th wave, result in a double top or even higher.
Eurusd sell on pullback to 1.1850 - 1.1870 area stop loss 1.1960 and tp1 is 1.1700 tp2 is 1.1300 tp3 1.0700 Trade with care and happy trading if you like My idea then follow and like me Asad Ullah
Sell below 1.1264. Stop loss at 1.1301. Take profit at 1.1159. Reason for the trading strategy (technically): Price has reached our selling area and is testing that level. We remain bearish below major resistance at 1.1264 (Fibonacci extension, horizontal swing high resistance) for a further drop towards 1.1159 support (Fibonacci retracement, horizontal overlap...
Buy above 1.0600. Stop loss at 1.0562. Take profit at 1.0704. Reason for the trading strategy (technically): Price has started to bounce really nicely and is approaching our profit target. We remain bullish above 1.0600 support (Fibonacci retracement, horizontal swing low support, ascending support) for a further push up to 1.0704 resistance (Fibonacci...