TARGET 0.91063 or 0.88688 Please consider to put a like to my idea for supporting me & subscribe for more ideas. Idea is not the financial advice!
This trade is a simple selling opportunity with a high reward. It has broken powerful support levels, powerful trend line levels and is now in a downward trend.
Eurusd is clearly in a downtrend... It is looking bearish and has broken multiple support levels. The Trendlines that have been broken are indicating that its a sell. Big profits to be made on this trade.... More to come, so make sure you follow me!
Please consider to put a like to my idea for supporting me & subscribe for more ideas. Idea is not the financial advice! TARGET 1.05200 OR 1.06200
UPDATE. EDUCATE. Enjoy.
VERY CLEAR BREAKOUT FOLLOWED BY A RETEST AND THEN BULLISH CONTINUATION. UP WE GO
After the shorts taking last week, I am looking looking for more entries with good risk to reward ratios that can then allow us to maximize on this pair. Scenario 1: Bulls gain a bit of steam and allow for a pullback all the way to the resistance marked in yellow/orange (126.153 region). Once we reach this level, I will have a sell stop placed below the bearish...
Clear break of support (1.12479) followed by a good retest.Expecting market to now head down to my region of support (1.11965) where we could either see the Euro regain some strength and push the pair back up before the major short or we can see the bears take control of the market and break the supportive region which will allow for a long term short to occur.
Clear breakout of the triangle pattern presented to us by the market. before going too heavy on shorts, I am still expecting some pullbacks to occur. Another thing I am watching out for that could lead to potential USD weakness is the fact that the GDP data which is being released on friday might be dovish and cause a slowdown for the dollar. Nothing much is...
Got a decent short in on this pair last week but i am still leaving my stoploss where it is incase of any pullbacks that may occur. Overall my bias is bearish for the pair.
LOOKING FORWARD TO SEE THE NEWS RELEASE LATER ON TODAY PUSH THIS PAIR EVEN LOWER. DOVISH NEW ZEALAND DOLLAR AHEAD.
Great resistance bounce followed by a triangle breakout on the lower time-frame (H1) giving us a good short opportunity with good risk to reward ratios. I have placed 2 different trade setups on the chart one with a wider stop-loss and take profit which gives room for any retracements which may occur. The second setup has a tighter stop-loss and is more for those...
CLEAR BREAK BACK INTO THE CONSOLIDATION REGION ACCOMPANIED BY AN INVERSE H&S.
LOOKING AT 2 POSSIBLE SCENARIOS FOR THE WEEK AHEAD. BOTH SCENARIOS HAVE BEEN MARKED ON THE CHART! CATCH PIPS AND HAVE A PROFITABLE WEEK.
My weekly supportive area has been successfully broken and beautifully retested. I am expecting further downside pressure for the rest of the month and maybe into the next month as well. Updates will be posted as more candles begin to form
Very bullish weekly structure forming for the dollar. I am waiting for the resistance break out which will allow us to move to the 100 dollar psychological region that was recently tapped. If this region is able to hold we might have a beautiful head and shoulders pattern. Chart updates will be given as the candles reveal the markets intentions.
Trading support and resistance on this pair with a tight stop.
Looking at bearish continuation after the resistance touch and consolidation break