EUR/USD: Is History Repeating? Key Levels to Watch NowHey Realistic Traders, Will FX:EURUSD Repeat its Bearish Cycle? Let’s dive into the analysis...
On the H4 chart, EUR/USD is trading below the 200-day EMA once again, signaling that the bearish trend is still in play. This downward movement has been reinforced by a rising wedge breakout, a common pattern that often leads to further declines.
Just a few days ago, we spotted a similar bearish breakout in FX:EURUSD , which resulted in a continued drop. As traders, we follow the Dow Theory principle: "History Repeats Itself ." Based on this idea, we expect the price to follow the same pattern, keeping the bearish momentum intact.
Looking ahead, EUR/USD could move lower toward the first target at 1.02861 and, if selling pressure continues, potentially reach the second target at 1.02205. These targets are based on previous price movements and key historical support levels.
However, this bearish scenario depends on the price staying below the critical stop-loss level at Stop Loss 1.05039
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Disclaimer: “Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on FX:EURUSD ”.
Metatrader4
GBPJPY SELL TRADE PENDING ORDER SEPT 11This trade come to fruition during CPI news release. I set the pending order during New york Session after gbpusd selling pressure. Confluence of this pair along with USDJPY.
As you can see there was a previous Break of Structure to the downside on the previous day. I wait for an opportunity for Asian session to create supply and then wait for the supply area to setup my sell limit. Activated at around 9AM EST. Tap and then leaving the zone with a 3:1 RR. If you keep on studying and giving a lot of patience in this industry, Im sure all your hardwork will pay off. KEEP THE FAITH.
#Wyckoff
#SuppyandDemand
Confluence ( 4h BEARISH - 1h BEARISH Structure)
GBPNZD-- Final position taken; 3 of 4 ideas currently activeHey guys, I recently entered into 2 long term trading positions
on GBPNZD. And, as I usually do, I took a couple scalping
positions as I monitored the market waiting for those two
positions to initiate. You can find the other publishings down
below in the related ideas section. Also, this is a scalp trade
in my opinion, which I discussed my thoughts on these types of
positions on one of those other publishings i just mentioned, so
be sure to check that out if it sounds interesting to you. Like,
comment, and subscribe to the channel for more content on
foreign exchange, United States economics, and bitcoin trading
ideas. As always, happy trading, and good luck!
Crucial moments for BTCUSD -- Will we see 30k ever again?Wow, we are in some critical times in BTC's history! To keep it as simple as possible; we are looking for price to show the signs of the beginning form of a "higher low" when we look at our monthly (+) timeframe.
It is also important to see the pressure that is currently placed on the buying side of the channel of the downtrend we see when looking at the weekly chart (-). A break from this channel + further confirmation on intraday timeframes would begin demonstrating further the nature of the beginnings of a higher low when going back to the monthly candlestick view. These are places where new investors and patient traders are very likely to put their money where their mouth is.
"Where there is buyers, there are sellers.", meaning that this chart is showing potential areas for volatility. I personally find that its best to remain neutral (as a trader), and allow the market to break key areas and trendlines first before making a properly managed risk.
I own Bitcoin, and I trade it also.
I am publishing a 1H chart to show how important a close can be on a low timeframe, but the reality is that any serious player in the game is looking at price movement from a much larger one. You can find other perspectives and larger timeframe chart analysis' regarding Bitcoin in my previous publishings.
Critique my work! Let me know your thoughts in the comments section, and tell me what you think Bitcoin is going to do in the coming weeks. Be sure to like my page and follow me for more market ideas and chart analysis.
As always, happy trading and good luck!
BTCUSD-- "THE" fibonacci retracementLet me know your thoughts about this simple analysis of BTCUSD, where i use fibonacci retracement and a support/resistance area on the 1M timeframe. I am hoping for some critical feedback and am excited to see what you think about somebody using this a base line to go forward on smaller timeframes. Whats missing? What else do you think needs to be charted here? Happy trading, and good luck!
DXY-- short-term value scenarios Here is a look at my latest analysis of the DXY for the last full trading week in February '22. This is not how I typically draw out ideas on my charts, so please let me know your thoughts in the comment section about this particular drawing. Don't forget to hit the like button if you agree, or if you found this chart helpful. Happy trading, and good luck!
EURUSD-- 12 pip risk while bigger moves developUsing fibonacci and basic probabilities to make a small risk while monitoring price movement on EURUSD intraday timeframes. Let me know your thoughts about this idea in the comments below. Be sure to like the post and share with somebody you know who likes to trade EURUSD and other forex pairs. I have some other trade ideas and chart analysis' published, so feel free to check those out on my page. Thank you! Happy trading, and good luck!
GBPUSD-- using large TF sup/res + fibonacci to find trade earlyWhile making GBPUSD outlook for the week i noticed an awesome 5:1 r/r position that fits right into my trading plan. Had to take it, had to share with you all. I am not the biggest fan on placing entries on small TF's, but thats why proper risk management is they key to testing out ideas.
Possible Price Impulse XAUUSD LONGToday the price fell strongly on the XAUUSD. Forming now a fibonacci on the daily, it is possible that the price will explode upwards to around 1900+. If you are a US resident you may know inflation has made everything go up in prices, however, XAUUSD or gold has stay the same. In my point of view gold has been holding back for a while now an soon it will go longs. You can see the fib retracement on my chart.
GBP/CHF: RETEST BULLISH FLAG - PRICE IS GROWING ! 🔔🔔🔔Welcome back Traders, Investors, and Community!
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Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
Strategy : RETEST BULLISH FLAG AND PRICE WILL CONTINUE TO GROW
Good trading at everyone!
Mean-reversion - OVERBOUGHT - SHORT - VIXGreetings folks,
Price has pierced through the standard setting bollinger band and my mean-reversion system has indicated a setup.
The trading system with a preset 2:1 profit to risk ratio for this asset has historically:
xxx trades
xx %/R returns
Xx % winrate
Do let me know if I should expand the assets and timeframe of ideas that I share.
Cheers,
PineConnector
AUDCHF showing a strong resisitive downtrend.Decided to take the wave analyzer sell entry confirmation/signal after marking up the chart for support and resistance. Will be monitoring the 20 EMA throughout the day to trail my stop loss.
If anyone has any questions about the entry and exit indicators feel free to direct message me.
SPX At the Multi-Year Broadening Acculmulation Resistance LineSince 2018, SPX has been forming a rare Broadening Accumulation Schematic (If you study Wyckoff, these ideas are present). If we finally break this resistance line, Look for a retest and a race that will rocket pretty far. At least to the 4,000 level. With the holdings becoming more on AAPL and the volume of just that one stock having an uproar, it's possible. Traders, get ready because the Asian session just might be the session to watch for this break.
Be Careful, though because the institutions can crash it faster than you can think about it. So be prepared but be careful. We're clinging on to the ceiling of this schematic.