Shorteurusd
$DXY MACD ST IS BULLISH Bye $89 Hola $97These are my personal opinions and by no means should be considered investment advice. I am not a Licensed Trader, Do your research. Let us get straight to my charts. My Stance on this position is relatively Bullish on the Shot Term. I am Using the RSI that is indicating that we are on a path to an uptrend since 17 of December 2020. When the RSI bounced above 20 the only thing is that instead of going Higher High, We ended up going down. Then found some support at $89ish area on the 31st of December 2020.
I'm now comparing the RSI levels when they were low back on March 13 2020 and it found a bottom and skyrocketed back up to low RSI levels of 17 December 2020. 4 days after it found some resistance at 91 and dropped hard and formed a shooting star if I am not mistaken on 21st of December 2020.
It seems as if $DXY found support at around the $89ish and is recovering. If we would recall the dates between 14th of January 2014 to 8th of April 2018 we would see that for about 4 Years DXY Trading between $88ish and $96ish. Guess what today. 1st January 2021 $DXY is around the same levels.
I am bullish on the fact that the MACD Short Term outlook is Bullish. KEYWORD SHORT TERM OUTLOOK BULLISH MAYBE LONG TERM NOT SURE YET BUT SHORT TERM. Easy cheddar
Entry $89.95
TP $92.00
TP $93.00
TP $95.00
TP $97.00
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EUR/USD TO 1.16200We've reached weekly resistance and there isn't enough buying power to sustain a break of this level. Shorts into 1.16200.
EURUSD SHORTLooking for a continuation short. I believe a hidden bearish divergence has formed on the hourly. The price has pulled back to the 38% level after the recent decline. I will take a short position here-ish.
Good luck !!
EURUSD SHORTA re-entry trade for me. Looking for a long term sell on this pair. Price at key level on weekly.
EUR/USD TO 1.15800I see a fib retest which correlated with the previous day's high, before breaking structure into lower 1.15800
EURUSD SHORTLooks like the dollar index is ready to break out long. Plus the EURUSD seems to have broken out of the recent channel. I have a few short positions already, looking to enter after some pullback/retest. Looking for further shorts based on dollar strength.
EURUSD Time to sell?EUR highest since mid-2018. Been range trading since end July 2020. Any significant move below this range will potentially indicate chance to short a long way down.
EUR/USD TO 1.16982Trend line break and retest into reversal zone. Wicks thrown to highs indicating a shift in momentum.
EURUSD Sell clear as day! Nice R:RPrice has retraced, great time to enter on 15min TF, nice R:R. Control your emotions guys, let it play out. Worst comes to worst it hits your stop loss. No problemo
EURUSDPossible SHORT opportunity from the key resistance price approaches now! Subject to confirmation on the lower timeframe
EURUSD keep going down - LONG TERM VIEW The Coronavirus crisis is showing mismanaged problems within the EU. Italians are burning the European flag as they could not get help from its neighbours ... The profound geopolitical crisis that reveal the Coronavirus can lead to Italy leaving the EU. Economical problems are difficult to solve in EU because Italy and other South countries ask for help and North countries (Germany and Netherland) say "No". Have a look at the Coronabonds story.
US has been more reactive on the Coronavirus and can implement more rapidly economic and political changes.
The LONG TERM DOWN TREND for EURUSD will surely accelerate !! You can expect the EURUSD being at 0.8 within 18 - 24 months.
Short EURUSDPrice broke market structure of support at 1.08632, it will look to retest that range and head down to the lows.
There is a high possibility that price would retest the 50ma, be patient and look for a probable short then.
Trade wisely!
SHORT EUROIn H1 and H4 time frames pennant pattern is confirmed,and target of this pattern is 1.0970
