MMM CYCLE: EURUSDHey team!
Our short bias did not work out yesterday. Instead, we had the price to rise away from the previous peak low.
Current Analysis:
Range condition
Outside structure suggestion short
H1: L1 long
Be patient and don't be afraid to pass on EU.
Look for clear entries during trading hours on the M15, 5 & 1.
Manage all trades according to your trading plan.
***This information provided is not to be taken as a trade signal. Trends and analysis can change at any time.
Feel free to message me with questions and comments.
Marketmakerme
MMM CYCLE LONG: EURUSDHey guys. I hope you all had a great weekend and a Happy Mother’s Day. Always be cautious with trading on Mondays as it’s known to be a trap day. It is possible for the price to retest the peak low before rising.
Daily:
H4: no harmonics
H1: EMA cross long, level 2 long
Look for clear entries during trading hours on the M15, 5 & 1.
Manage all trades according to your trading plan.
***This information provided is not to be taken as a trade signal. Trends and analysis can change at any time.
Feel free to message me with questions and comments.
MMM CYCLE: EURUSDHey guys! I hope everyone had a great trading week last week. We saw the bullish play out as projected. Even though we are in L3 there is still room for price to rise before reaching 3xadr. For now, we will continue to take buy setups in line with our analysis until we have a reason to begin our bearish cycle. If you look at the DXY you will notice it is also in L3 of a bearish cycle. Price is currently sitting on a daily zone flip giving price the potential to rise. EU and the DXY move inverse. Always use the DXY to gauge price.
Daily: Long
H4: Bearish harmonic
H1 EMAs crossed long
Look for clear entries during trading hours on the M15, 5 & 1.
Let's have a great week!
Manage all trades according to your trading plan.
***This information provided is not to be taken as a trade signal. Trends and analysis can change at any time.
Feel free to message me with questions and comments.
MMM CYCLE SHORT: EURUSDHey guys! We had another reset long to play out in EU. Assuming the markets remain calm we are expecting a bearish cycle to play out. Tomorrow during Lond we will be looking for a play short off the water, the zone flip, or a retest of today highs before dropping. Because we closed 50 from the open it is safe to trade both ways. New traders be cautious when trading back toward the peak.
Daily: Long
H4: No harmonics
H1: level 1 short, locked peak, EMA crossed short
Look for entries on M15, M5 & M1
Manage all trades according to your trading plan.
***This information provided is not to be taken as a trade signal. Trends and analysis can change at any time.
Feel free to message me with questions and comments.
MMM CYCLE LONG: EURUSDMorning guys! Today we are looking for the bullish cycle to continue on EU while the DXY drops further.
EURUSD
Daily: long
H4:
H1: L1, peak locked long, EMAs crossed long
Manage all trades according to your trading plan.
***This information provided is not to be taken as a trade signal. Trends and analysis can change at any time.
Would love to hear from you guys. If you happen to use the projection provided for your next trade feel free to message me with questions and updates.
MMM CYCLE LONG: EURUSDHey guys. I hope everyone had a great holiday. I'm on the run but I wanted to drop a super quick analysis on EU. Right now EU is currently showing L3 behavior with signs of reversing. We have a nameable peak low and potential AFP long playing out at the moment into L2. Remember to trade in line with the DXY. Deeper analysis coming soon.
*Please use proper risk management when entering a trade. The information provided is not to be taken as a trade signal*