Selleuro
EURJPY SELL 4H CHART ANALYSISEURJPY CHART ANALYSIS POSTED ON SUNDAY 14 MAY 2023.
Make sure you do your research and based on your confluence please look for the entry.
Don't rush your trades without any confirmation.
Trade safe and use always proper risk management.
Thanks in advance for checking my trade idea.
SELL EURUSDEurUsd is definitely bullish, but for this retracement I will short it to the key level 1.07000 I expect price to drop to this level during LONDON session. At this point I will exit the sell and look for buying opportunities. Today I expect this high 1.0735 to be taken out. Use proper money management. So in short sell this pair to 1.0700 and wait for buying opportunity there as well.
Selling EURGBP for 100 pips at the start of the year First of all, a very happy new year to all the followers. Hope the pips will be with you in 2023 just like it has been with us in 2022.
We ended 8 months with a neat profit of 26.3% despite the market being in turmoil. The main reason for this is because we follow the trend and trade accordingly with tight stop losses. We took a break from posting in the last one month but hope to bring you good ideas in 2023 as well.
The first trade is the EURGBP sell. It is at a high and ended quite close to the December 2022 high of 0.8869.
We have placed a short based on the harmonic pattern with a 50 pip stop loss and targeting 100 pips. We will have to wait for the market to open up tomorrow to see a good movement here.
Good luck!
SELL EURUSDAfter getting stopped out, EURUSD went all the way through previous highs. Right now price has approached significant level. I am looking to short at 1.0315 my stops above 1.03690 and targets below parity. Use proper money management, all the best. This in my opinion is a massive liquidity grab. Look out for false breakouts to the upside.
SELL EURUSDEuro is at a very tight place right now. This phase is the accumulation phase. A lot of buyers have bought at this level and the previous low. However for the market to move upward it has to take out this liquidity first. I expect a downward momentum today and tomorrow. Mid of the month is when we should expect a trend change. Otherwise keep your targets at 0.9515 stops above 0.9730. Even if the news comes out bad for the dollar I still expect a push down.
Why EURO will weaken early next week This pair is in an uptrend, so this trade is a counter trend. However there are some good reasons to take it.
1) There is a nice harmonic pattern in place.
2) All RSI are overbought
3) There is a nice divergence
4) The high of last week is also present.
We are already short on EURAUD. Similar setup for EURNZD.
Good luck!
SELL EURUSDEUR Gave us a falls breakout to the upside yesterday, probably to get more buyers buying at the current price. However as I mentioned before OANDA:EURUSD has to take out the liquidity below 1.1800 zone before any significant bullish move to the upside. So as we see this is a sell to buy scenario. Use proper money management.
Euro Dollar to Face Rejection Areathe pair is trading near a critical level that suggests the end of the fifth and final wave of an impulsive wave.
the lower band of this area is 1.2360 and might extend to reach 1.2410.
im not saying that the bullish trend is over however a corrective pullback is expected before a continuation might occur.
im looking closely to short this pair from 100% fibo expansion by uising the five final legs.
good luck !!
EUROPE IS BEING STIRRED. LEVEL OF FEAR IS RISING. SELL THE EURO.
COVID WILL CONTINUE TO RAVAGE THERE AS ALL
THE BUDGET AIRLINES ATTEMPT TO KEEP PEOPLE TRAVELLING TO NOT GO BANKRUPT
WE WILL HAVE MADNESS IN EUROPE. IT WILL NOT STOP. DIFFERENT COUNTRIES AND JURISDICTION CAUGHT UP
WITH A LONG INCAPABLE WEB OF LAWS TAKING TIME TO PASS AND CHANGING, NOT PASSING -
WITH VACCINES AND CIRCULATING TALKS OF PASSPORTS HAVING INFO IF YOU HAVE BEEN VACCINATED FOR COVID-19 OR NOT....
I think European airlines and travel companies may struggle more. Facing the problem of going bankrupt being chocked out of customers since each country faces changing bureaucracy of covid passports and vaccine campaigns. Having to change schedules and cancel flights more consistently since each country and city in Europe are facing different levels of spread and fear with the virus and a continues fuckery to each countries citizens. People will find their little nest and stay to it. Media companies are going to continue to grow at a rapid rate as global society relies of them more to tell them if its safe to go outside or not and everyone has bought all these new tech products as devices, now they try to lock us up with them.
Euro Dollar to spike before a Sell-Offthe pair is completing a complex corrective cycle labeled as W,X,Y, which in my opinion can be already done and we will start looking to short the pair from current levels.
however because of the US Elections today im assuming there might be a more Complex scenario that can push the euro higher to an extended wave (X) before falling down.
thats why i will be putting sell limit orders on the eurusd near 1.1899-1.1905 with a tight stop loss near previous high trying to avoid the noise or the volatility during Election Results.
Good Luck Traders!!!!!!
EURUSD Rejected from critical areaThe EURUSD gor rejected from 100% fibonacci level near 1.1880.
at the moment the pair retraced to trade near 61.8% critical level if broken and we witnessed a 4hrs candle close below 1.1820 we might see further momentum for the downside.
potential finishing a W,X,Y wave might take euro dollar to new lows belo 1.1600 level.
lets not forget the bearish monthly candle from last month " engulfing pattern".
no doubt that the ranging market was taking over the markets recently however an impulsive wave is expected soon.