08-31-2019 EUR/USD long - EUR has found a new bottom of the year but down-trend has been rejected by long wick candle in 4-hour chart.
We should be able to see some retracement to previous bottom level
Fiber
EURUSD Potential Buy
Potential buy
Chart is seen to be in a corrective phase, from daily (top-situated) channel within a bigger weekly channel.
Price might retrace to the 61.8 level, that is in confluence with both a strong support + Dominant angle trendline from the bigger channel. Then possibly see a break after some possible ranging, to the 61.8 extension level (also in Confluence with the Daily Resistance level = 1.1400)
...Patiently waiting!
EURUSD CROSS ROADSTwo scenarios displayed. 2 opportunities whichever happens first. Structure retest or old lows run
Fiber crossroads late Friday thoughtsSo, NFP above expectations and fiber break thru main trchn support at 1.1249. From tech point of view we have plan B activated with main resistance at 1.1249-60 and tgt at year lows...
Beware wicked witch (aka D.T.) he can change everything in a moment... :))) Anyway, untill we stay under 1.1249 it is bearish, if bulls regain this lvl imho it is extra bullish time again with tgt much higher.
TTFN.
EUR/USD breakout As mentioned in my previous post the pair broke below the rising wedge and failed to recover.
The ECB meeting today also disappointed with its dovish message and downgraded growth forecasts.
Also, the committee is launching TLTRO program soon which also increased the pressure on the pair.
My initial target for the rising wedge breakout is 1.1180 which is also 61.8% fibo level of the 2016-2017 up move.
The Ecb today made this move happen faster than anticipated.
I don't recommend selling at this level since EUR/USD is highly oversold and might retrace a little bit to mid 1.12's.
Target to the downside is 1: 1.118 and 2:1.11 psychological level.
Good luck
EUR USD BUY (EURO - US DOLLAR)Hi there. Price is forming a continuation pattern to the upside. Watch strong price action at the current price for buy.
Chunnel If we see a reversal pattern on EURGBP we could possibly find a good long position for a couple of days, waiting on confirmation of reversal.
EURUSD: Waiting for the congestion to clear upMonthly and weekly trends bearish, meaning the market is pressing it downwards. In daily we see the 1.13 level tested and rejected once, because it was indeed a strong weekly level, so the it spiked up some 5k pips. Now we see that the 1.13 level is getting tested again, this time causing a congestion thereby. I'm sure these irregular movements, beginning from November 2018, caused a lot of loss for wishful newbies, and here we are, you see some lines on the chart as an attempt to recognize the order within the congestion.
I'll be back with a 4h view--don't forget to give this a like & follow for further precious ideas!
~.~
Fiber Eurusd Short intraplay . long targets alsoPivot: 1.1435
Trade entries: long positions over 1.1435 with fib extension targets at 1.1485 and 1.1500.
Alternative scenario: watch this pair for further downside below 1.1435, targets 1.1420 & 1.1400.
Indicator: The upside momentum of the RSI appears.
Long on GBPUSD - MACD Signal cross & ADX PositiveAs you can notice in the chart, the macd signal line crossed the 0.0 level in uptrend and at the same moment the price broke out of the resistance line in uptrend. Placing SL at minimum support and Target price with 2.50 Risk - Reward ratio. GBP/
EUR/USD SHORT play, SFP into blockWe broke a previous low, retraced a bit, and then made a swing failure pattern INTO a 1H orderblock within the optimail fib zone.
Unless we get above it we should be aiming for the next low.
Fiber short ideaOB that led to the break in structure, looks like fiber wants to retest it again. Could prove to be a good 4R short opp
Fiber is looking for major correction Peace be upon you !
Hey guys, I think its time for Fiber to make a major pullback. I will biased buy if price hit 1.179 as a confirmation of major pullback. We will long at our best price 61.8% area at 1.1525 with stoploss below 1.13. Ideal target is around 1.21 area.
I hope you guys get some ideas ! Please comment something below and let me know what you guys think ! :)
EURGBP(FIBER) LONGS FOR 03/07/2018I am currently bullish on the higher timeframes for fiber as i think it needs a price correction before the longer term bearish phase continues. Price will seek liquidity as i have marked on the 4hour time frames. Price is currently on its was back to origin(a key supply zone) and a key psychological level 1.5800
EUR/USD Inverted Head & Shoulders pattern got broken#EUR_USD just break the #Inverted_Head_Shoulders reversal pattern neckline at 1.1640 , and now #FIBER most probably will head to north within the next couple of trading sessions/days up to 10 days to hit TP targets of the #IHS at 1.1825 & 1.1865, before retrace back to the main #Weekly H&S pattern targets around 1.1200, 1.1000 & 1.0850 within the next couple of months once the neckline break below 1.1295.
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Disclaimer: The given analysis/recommendation based merely on my own ideas, simulations, and market analysis. Any position taken with this recommendation is only based on your own independent actions without any obligations on my side.
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EURUSD Short. Bears HopiumDxy clearing the clean highs at 95.30 will send eurusd to hell. Cut the trade if it finds support and fail to break below monthly open. Good luck
Fiber Short, Short Term TradeShort Opportunity here, invalidation if we break the short term swing high to the left.
Waiting for a BUY setup on EURUSD EURUSD broke the low slightly, the pattern in 1H showing very small correction, should wait for a strong break-out and correction then look for BUY setup (maybe during ECB Press Conference)
Buy the European currency noww!! EUR/USDdaily engulfing on euro chart gives us bullish signal in the near term to target again 1.2450
however possible triangle is in shape to finish wave 4 before the final impulsive wave 5 starts
1.2900 is my long term target. closing below 1.2100 a daily close i mean is a bearish signal
and we invalidate this scenario.!!!! good luck
EURO longEuro Long after 3rd Trendline Bounce as well as a bullish 3 pin reversal. higher TImeframes show bullish momentum. price also likely to fill weekend gap.
