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EURUSD SELL TRADE PLAN🔥EUR/USD TRADE PLAN🔥 ✅ Market Bias: Bearish 📉 (Downtrend) ✅ Trade Type: Trend Continuation 📌 ENTRY TYPE: Sell Trade – Pullback Entry ⭐ Confidence Level: 🔵⭐⭐⭐⭐⭐ (High) 📌 STATUS: Waiting for price to tap the entry zone 📍 ENTRY ZONE (SELL): Primary Entry Zone: 1.0840 - 1.0860 Secondary Entry Zone (if deeper pullback occurs): 1.0890 - 1.0910 📌 STOP LOSS & TAKE PROFIT TARGETS: 🚨 Stop Loss: Above 1.0925 (Invalidation level) 🎯 Take Profit Targets: 🥉 TP1: 1.0765 (Partial profits & SL to breakeven) 🥈 TP2: 1.0700 🥇 TP3: 1.0650 (Final target) 📌 Risk-Reward Ratio: Primary Entry Zone: Approximately 1:3 Secondary Entry Zone: Approximately 1:4 📌 Reason for Entry: Bearish Trend: EUR/USD has entered a corrective phase, trading below recent highs. The trend outlook remains bearish. ​ Double Top Formation: A double-top pattern has formed at 1.0950, indicating a potential drop to 1.0695. ​ Fibonacci Confluence: The 61.8% Fibonacci retracement level aligns with the entry zone, providing additional confluence.​ 📌 CONFIRMATION REQUIRED BEFORE SELLING: H1 Bearish Candlestick Rejection: Look for a pin bar or engulfing pattern at the entry zone. Volume Increase at Supply Zone: Indicates strong selling pressure. Lower Timeframe Bearish Divergence: On M15/H1 charts for extra confluence. ❌ DO NOT take the trade if the price breaks above 1.0910 without a bearish reaction. 📌 RISK MANAGEMENT REMINDER: 💰 Risk 1-2% per trade. Move SL to breakeven after TP1 to secure profits. 📌 TRADE VALIDITY & INVALIDATION CONDITIONS: ✅ Trade Validity: Must tap entry within the next 24 hours. ❌ Invalid if: Price misses the entry zone and moves straight to TP1/TP2. Fundamental shift changes trade bias (e.g., major news event). Price breaks above 1.0910 = Trade invalidated. 📌 FUNDAMENTAL CHECKS & SENTIMENT ANALYSIS: EUR Weakness: Recent data shows a decline in Eurozone economic indicators.​ USD Strength: Positive US economic data and safe-haven demand support the USD.​ COT Report: Indicates institutions adding to USD long positions, reducing EUR longs.​ 🚀 FINAL TRADE PLAN SUMMARY: SELL EUR/USD on a pullback into 1.0840 - 1.0860 (or 1.0890 - 1.0910 if a deeper correction occurs). Targeting: 1.0765 → 1.0700 → 1.0650. SL: Above 1.0925. **Trade valid for the next 12-24 hours. 🚀 EXECUTE WITH INSTITUTIONAL PRECISION! 🔥
Short
by jibkhan111
GBP/USD Breakdown – Bearish Momentum Ahead?This 4-hour chart of GBP/USD shows a clear bearish setup: 🔹 Rising Wedge Breakdown – The pair has broken below a rising wedge pattern, signaling potential downside pressure. 🔹 Support and Resistance Levels – Resistance at 1.29206 - 1.30275 Support at 1.28000 - 1.28437 Strong support at 1.27539 🔹 Sell Confirmation – A sell signal is indicated, suggesting further downside movement towards the target zone. 📉 Trading Plan: ✅ Possible short entries below the 1.28956 level. ✅ Target price: 1.27539 ✅ Stop-loss above 1.29206 for risk management. ⚠️ Risk Note: Always manage risk properly and watch for any trend reversals before entering trades. What are your thoughts? Are you bearish or bullish on GBP/USD? 🤔💬
Short
by PIPsOptimizer
UK inflation cools more than expected, GBP/USD loses groundUK inflation for February rose 2.8% y/y, below the market esti mate of 2.9%. This was lower than the 3% gain in January. The main contribution to the drop in inflation was lower prices for clothing and housing. On a monthly basis, CPI rose 0.4%, up from 0.1% in January but lower than the market estimate of 0.5%. Core CPI also eased, falling from 3.7% to 3.5%. The drop in inflation is good news, but the Bank of England remains concerned about the upside risk of inflation. Services inflation, which has been sticky, was unchanged at 5%. The BoE will consider a rate cut at the next meeting in May, but will be monitoring the effects of increased employer taxes starting in April as well as today's Spring Statement. At last week's meeting, the BoE expressed concern over worsening "global trade policy uncertainty" and pointedly mentioned US tariffs. The Trump administration's new trade policy has raised trade tensions and a global trade war would hurt growth and boost inflation. The slight drop in inflation is also good news for Finance Minister Rachel Reeves, who is delivered the budget update earlier today. The update did not contain any further tax increases and announced deep spending cuts. Borrrowing a phrase from the Bank of England at last week's meeting, Reeves said "increased global uncertainty" had increased borrowing costs and led to economic instability. GBP/USD has pushed below support at 1.2940. The next support level is 1.2864 There is resistance at 1.2940 and 1.2991
by OANDA
EURUSD:Beware of the retest of the daily chart resistanceYesterday, the price of EUR/USD generally declined as expected. The intraday price dropped to a minimum of 1.0776, rose to a maximum of 1.0829, and closed at 1.0789. Currently, the overall EUR/USD remains below the daily chart resistance level of 1.0860. Therefore, for the time being, a bearish stance is still appropriate for the medium-term trend. From the perspective of the four-hour chart, the price is in a fluctuating decline and is supported at the 1.0770 area, while the resistance of the four-hour chart is at the 1.0805 area. For now, it is advisable to be cautious about chasing short positions, and beware of an upward price correction. In terms of price levels, pay attention to the daily chart resistance to observe further performance of downward pressure. Trading strategy: Sell@1.0850-1.0860 TP:1.0810-1.0770 Get daily trading signals that ensure continuous profits! With an astonishing 90% accuracy rate, I'm the record - holder of an 800% monthly return. Click the link below the article to obtain accurate signals now!
Short
by LeoBlackwood
How to Spot Potential Price Reversals - Part 1: GBPUSD ExampleA subject within technical analysis that many traders find difficult to apply to their day-to-day trading is the ability to spot reversals in price. The misreading of price activity when a reversal is materialising can often lead to incorrect decisions, such as entering a trade too early, which can result in being stopped out of a potentially successful trade before price activity moves in the intended direction. In this piece today, and part 2 tomorrow, we want to look at 2 types of reversal in price – the Head and Shoulders/Reversed Head and Shoulders and the Double Top/Double Bottom. The intention is to help you understand why price activity is reversing and highlight how knowledge of this may be applied within your own individual trading strategies. The Head and Shoulders Pattern This pattern highlights the potential, • reversal of a previous downtrend in price into a more prolonged period of upside strength • reversal of a previous uptrend in price into a phase of weakness In this example, we are going to outline in more detail a bullish reversal in price, which is called a ‘Reversed Head and Shoulders’. Points to Note: Reversed Head and Shoulders • A downtrend in price must have been in place. • A Reversed Head and Shoulders is made up of 3 clear troughs on a price chart. • The middle trough (called the Head) is lower than the 2 outer price troughs (called the Left Hand Shoulder and the Right Hand Shoulder). • The 3rd low in price (Right Hand Shoulder) being higher than the Head, reflects the inability of sellers to be able to break under a previous low in price. This is regarded as a ‘weak test’ of a previous price extreme, suggesting buyers may be gaining the upper hand, readying for a potential positive sentiment shift and price strength. • A trendline connecting highs in price that mark the upper extremes of the Head is drawn. This highlights the Neckline of the pattern, which if broken on a closing basis, completes the reversal, to represent a positive shift in sentiment and the potential of further price strength. Point to Note: To understand a bearish reversal, known as a ‘Head and Shoulders Top’ please simply follow the opposite analysis of what is highlighted above. GBPUSD Example: In the chart below, we look at the recent activity of GBPUSD, which formed a bullish Reversed Head and Shoulders Pattern between December 20th 2024 and February 13th 2025, when the pattern was completed. As with any bullish reversal in price, a clear downtrend and extended price decline must have been seen previously, for the reversal pattern to be valid. On the chart above, this was reflected by the decline from the September 20th 2024 high at 1.3434, into the January 13th price low at 1.2100. The Head and Shoulders pattern is made up of 3 troughs in price and in this example, these are marked by the period between December 30th 2024 to January 7th 2025 which forms the Left Hand Shoulder , between January 7th to February 5th 2025 which was the Head developing , and between February 5th to February 13th 2025, which then formed the Right Hand Shoulder . The Neckline of the pattern is drawn connecting the December 30th 2024 high and the February 5th 2025 highs, which was broken on a closing basis on February 13th 2025. It was on this day, the Reversed Head and Shoulders Pattern was completed with potential then turning towards a more extended phase of price strength. Does the Head and Shoulders offer an Insight into a Potential Price Objective? Yes, it does, by measuring the height from the bottom of the Head to the level of the Neckline at the time that low was posted, we can project this distance higher from the point the neckline was broken. This suggests a possible minimum objective for any future price strength. In the example above, a low of 1.2100 was registered on January 13th 2025, at which time the Neckline stood at 1.2576. This means the height of the Head was 0.0476 (476 pips). On February 13th when the Neckline was broken on a closing basis, the Neckline stood at 1.2529. As such… 1.2529 + 0.0476 = 1.3005, which would be the minimum potential price objective for the Reversed Head and Shoulders. This level was in fact achieved on March 18th 2025. Of course, while the Head and Shoulders pattern is regarded as one of the most reliable patterns within technical analysis, it is not a guarantee of a significant price movement, as much will still depend on future sentiment and price trends. Therefore, if initiating a trade based on a Reversed Head and Shoulders pattern, you must ALWAYS place a stop loss to protect against any unforeseen event or price movement. The stop loss should initially be placed just under the level of the Right Hand Shoulder, as any break of this point negates the pattern, meaning we were wrong to class the pattern as we did. However, if prices rise after completion of the pattern, you can consider moving a stop loss higher, keeping it just under higher support levels to protect your position. We highlighted the formation of the potential GBPUSD reversed Head and Shoulders pattern on February 13th 2025, so please take a look at our timeline for further details. Remember to watch out for tomorrow’s Part 2 post The material provided here has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Whilst it is not subject to any prohibition on dealing ahead of the dissemination of investment research, we will not seek to take any advantage before providing it to our clients. Pepperstone doesn’t represent that the material provided here is accurate, current or complete, and therefore shouldn’t be relied upon as such. The information, whether from a third party or not, isn’t to be considered as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product or instrument; or to participate in any particular trading strategy. It does not take into account readers’ financial situation or investment objectives. We advise any readers of this content to seek their own advice. Without the approval of Pepperstone, reproduction or redistribution of this information isn’t permitted.
Education
by Pepperstone
POTENTIAL LONG TRADE SET UP FOR EURGBPAnalysis: Utilizing chart patterns, highs & lows, and impulses & corrections, the focus is on identifying a continuation corrective structure following a breakout. The price approached the lower bound of a bullish continuation structure on the higher time frame (HTF) and immediately bounced with an impulse on the MTF. We will now monitor for a bullish impulse and continuation structure to identify a potential entry point for the trade. Expectation: A upward move is expected, targeting the peak of the HTF bullish continuation structure. ⚠️ Reminder: Always conduct your own analysis and apply proper risk management, as forex trading involves no guarantees. This is a high-risk activity, and past performance is not indicative of future results. Trade responsibly!
Long
by TheTradingAmbience
NZDJPY is ready to push againNo comment needed. All information is in the chart analysis. Steps to follow: Analyze yourself. Take the position with SL and Take Profits. Wait, it may take a couple of days, so take a break and step away from the screen from time to time, just like I do :) Get the result. I will update the trade every day. Like, comment with your good mood or viewpoint, share with your circle. It’s together that we get stronger! Good trades, Traders! The golden bear
Long
by thegoldenbear