Hello Traders, Welcome to this analysis, In multiple time frames we are looking at the EURUSD and the M15 timeframe. My trading strategy is based on simplicity. Please don't forget to FOLLOW, LIKE and COMMENT. If you like my analysis. Thank you and Good Luck!
1) Weekly Timeframe is bearish 2) Daily Timeframe is retracing back to the structure 3) 4HR has switched from bullish structure from bearish structure
EURUSD’s break of a six-month-old ascending support line, as well as poking of the 200-day EMA, set the tone for the major currency pair’s additional weakness as markets await the Eurozone inflation and US employment numbers. Adding strength to the downside bias are the bearish MACD signals. However, the RSI (14) is nearly oversold and hence suggests...
5 Key Factors Shaping US Dollar Trading This Week The US dollar is in the midst of a week filled with pivotal events. Together, these fundamental drivers hold the key to understanding the potential shifts in the US dollar's performance throughout the week: - US President Joe Biden announced that a bipartisan agreement has been reached to raise the US debt...
The EUR/USD has been fairly bearish over the last 3 weeks as evidenced by the consistent break of structures to the bearish side. With various fundamental factors against the Euro that supported the bearish price action such as the uncertainty behind further interest rate increases by the FED and the Debt Ceiling, this trade was able to generate returns on a 1:7...
time to short @forextrading_fb @forex @eur-usd @forexmarket #trading
Continuing the downtrend. We are looking for sell side entries here.
A gradual shrinking of EURUSD upside moves prints a six-month-old rising wedge bearish chart pattern, currently between 1.1120 and 1.0690. Recently luring the Euro bears is the downside break of the 100-DMA, around 1.0810 by the press time. With this, the pair is likely to challenge the stated wedge’s bottom line, around 1.0690, a break of which will confirm the...
DEAR TRADER Good morning eurusd long possibility so enjoy the trade with sl
EURUSD has been trading in bearish sentiment, major tfs like 4H and 15m are trading bearish it has created a CHoCH on higher tf, in 15m as you can price we’re building liquidity, once tapped out on 15m extreme ob it can give good fall from above zone target should be weak low.
Dear Trader eurusd a long possibility of small stop losses and a big target. Does not matter if one or 2 Stop loss hit. but don't forget to put stop losses if anything is above the good only stop loss is good for a trade. if any move come that can save your account so enjoy the trade. same as gbpusd
DEAR Trader eurusd long possibility enjoy the trade with sl
Dear Trader eurusd long possibility use Stop losses Orange Line Is 1tp 2nd tp 3rd tp Enjoy The Trade
In daily chart EURUSD formed the bearish candle with strong selling Volume candle. In 4hr Time frame it has formed Falling Wedge Pattern and make breakdown for downside. ------------------------------------------------------------------------------------------------------------- Risk and reward In this trade will be 6:91 Entry At : 1.09761 Sl will be :...
A clear downside break of 200-SMA and a six-week-old ascending trend line allowed EURUSD bears to cheer the biggest weekly loss since September 2022, not to forget the snapping of the two-week uptrend. Although the Euro bears are well-set to revisit the previous monthly low of around 1.0790, an oversold RSI may help the sellers to take a breather. As a result, a...
Enter only after the confirmation at that position, condition below: 1. look for LTF demand zone 2. look for any chart pattern in lower timeframe 3. look for structure break on LTF 4. rejction and bullish eng candle. any of these should be enough
Dear trader eurusd long possibility enjoy trade with stop losses best of luck if 1 tp hit then others put on cost to cost
#EURUSD All time LOW at 0.90275 and that's the starting point of EURUSD candle on 01MAY2002. #EURUSD All time HIGH at 1.60388 on 01JULY2008. On 02NOV2009 price drops at 1.51440. After that price drops again at 1.49401 on 02MAY2011 but able to touch previous High. Again price drops at 1.39936 on 01MAY2014. Drops again at 1.2556 on 01FEB2018. As you see I Already...