Fibre is showing strength; a pullback below 1.10500 likely to cause the pair to rise above 1.11500. N.B! - EURUSD price might not follow the drawn lines . Actual price movements may likely differ from the forecast. - Let emotions and sentiments work for you - ALWAYS Use Proper Risk Management In Your Trades #eurusd #fibre
We are at the Biggest Picture available as per the data; Price has formed a Wave 1 which is an Impulse Wave In the Upward direction; Wave 2 is a downward 3-Wave-Simple-Correction Structure, retracing Wave 1 by less than a 100% which suffices the Laws of Wave as per the Elliott Wave Theory and now....
EURUSD H4 In addition to GBPUSD, we also have EURUSD which is at a key area of resistance. This 1.09 handle is acting as a whole number resistance price, amongst H4 supply and previous tested resistance. Certainly a good region and zone for a short confluence stack. We will be following EURUSD, GBPUSD and DXY very closely this week as we are trading from some...
GBPUSD daily structure is weakling, a close below 1.26586 will most likely cause the pair to dip further... N.B! - GBPUSD price might not follow the drawn lines . Actual price movements may likely differ from the forecast. - Let emotions and sentiments work for you - ALWAYS Use Proper Risk Management In Your Trades #gbpusd #cable
EURUSD pair find it challenging rally above resistance level (R1) and instead closed below 1.08047 in yesterday's trading. Will this drag the pair down? N.B! - EURUSD price might not follow the drawn lines . Actual price movements may likely differ from the forecast. - Let emotions and sentiments work for you - ALWAYS Use Proper Risk Management In Your...
The pair has recently rallied above the bullish wedge and has been creating higher-high and higher-low for the past few days. IF fibre can rally above resistance at 1.09000, then the next target will be above 1.09500. N.B! - EURUSD price might not follow the drawn lines . Actual price movements may likely differ from the forecast. - Let emotions and sentiments...
Bearish presence above 1.26836 has exerted consistent downward pressure on GBPUSD in the past two trading days. If selling momentum persists, the currency pair may revisit the 1.26020 level before initiating another upward rally. N.B! - GBPUSD price might not follow the drawn lines . Actual price movements may likely differ from the forecast. - Let emotions and...
Going into next week I anticipate higher prices on Fiber reaching into the orderblock indicated. If there is a daily close above the orderblock I would anticipate price to go through the buyside liquidity. You can use this trade idea to look for long setups using your strategy. The dollar also shows signs of willingness to go lower which supports this idea.
EURUSD N.B! - EURUSD price might not follow the drawn lines. Actual price movements may likely differ from the forecast. - Let emotions and sentiments work for you - ALWAYS Use Proper Risk Management In Your Trades #eurusd #fibre
EURUSD may be targeting liquidity above 1.12000 towards the descending trendline considering the FED's dovishness. However, with chart pattern, one may likely opt for the pair declining to below 1.02000 IF fibre could possibly break the neckline of the forming head-shoulders. Already, the pair has broken a swing low; if a lower high could be formed, then EURUSD...
EURUSD faces 2 strong supports to overcome... N.B! - EURUSD price might not follow the drawn lines. Actual price movements may likely differ from the forecast. - Let emotions and sentiments work for you - ALWAYS Use Proper Risk Management In Your Trades #eurusd #fibre
EURUSD H8 We might not have highlighted this particular trade yesterday, as our attention was primarily on AUD/USD and GBP/USD. It's worth noting that EUR/USD tends to exhibit a pattern more closely aligned with GBP/USD than with AUD/USD. Despite this, we've observed a significant upward spike, and we've identified a promising setup for a new long order. Today's...
Expecting the fibre to re-test support level below 1.07000 early next week, IF the decline is rejected, then EURUSD will be targeting liquidity above 1.09446. N.B! - EURUSD price might not follow the drawn lines . Actual price movements may likely differ from the forecast. - Let emotions and sentiments work for you - ALWAYS Use Proper Risk Management In Your...
Fibre needed further confirmation at a strong support level to determine its next direction. Reversal or Bearish continuation? N.B! - EURUSD price might not follow the drawn lines . Actual price movements may likely differ from the forecast. - Let emotions and sentiments work for you - ALWAYS Use Proper Risk Management In Your Trades #eurusd #fibre
Watch-out for a break above above 1.06171 for fibre... N.B! - EURUSD price might not follow drawn lines . Actual price movement may likely differ from the forecast. - Let emotions and sentiments work for you - ALWAYS Use Proper Risk Management In Your Trades #eurusd #fibre
This is just a possible narrative that may unfold. Do not trade based on this without the proper confirmation. This is not a signal. If Phase 2 extends higher, then will look for possible NY/News reversal. If price breaks utmost swing high, then I will post where I think price will likely gravitate towards to.
EURUSD! N.B! - EURUSD price might not follow drawn lines . Actual price movement may likely differ from the forecast. - Let emotions and sentiments work for you - ALWAYS Use Proper Risk Management In Your Trades #eurusd #fibre
The DXY is showing signs of getting back to the races , while the fIber is clearly frail.It has been on a week long consolidation which is likely pointing to the pair distributing to go lower. Last week price had tapped into a daily rejection block from midyear as well as flashing with another key premium being the yearly low from 2020.These are strong lecvels...