Breaking news foe EURSD H1=Engulfing Candle ion H1 H4=Pin bar formation in H4. D1,W1=Touching bottom trend lines .very very important point May be its time to Buy now with 20pips Stop loss
DXY touch upper trend line. important point. Lets see where this candle ends. if its cross it here then USD il continue its strong momentum .if its reverse from here then it back again to 90,89 .
It seems to be start of down trend of EURUSD in H4 as DXY started to become stronger.Futhermore,W1,D1 both shows it reverse from previous strong resistance. Larger time frame always give you calm and more accuracy ,more profits in your trading. but watch out below trend line in H4 before further downward move. Bottom trend line could be possible Buy entry as well...
Pair approaches near top trend line plus at resistance. Trend is down in H4 .20MA below 50MA.Same in H1.Its better to wait and let it touch trend line for proper sell entry. Good Luck
H4 MA50 below MA 20 .Mostly pairs with US at entry position levels. EURUSD AND GPUSD at important high levels .yesterday candle for both pairs is bearish. reversal from Strong resistance. Move with proper volume size ,stop Loss and Money management all together. Good Luck Cheers
AS pair touch trend line plus support line. its above support line so, possibility to reverse from here .use tight stop loss
Strong support for EURUSD.As USDOLLAR INDEX still week .its probably reverse from strong support.2nd its not combination of trend line and support/resistance line, so it No point to sell here. 3rd trend is Up. Always safe to go with trend .Good Luck Cheers
EURUSD D1 Beautiful formation of this pair 😊.I think its breakout time for this formation. Already touch 4 time bottom trend line and almost same with upper trend line. Remember trend is down at the moment. I think any direction move from here il give Big profits. Time to setup sell stop or buy stop with most important my favorite Stop loss.😊 Good Luck Cheers