The price has reached the bottom of the long-term trends it has created since 1985, with the downtrend it has created since 2018. When we look at a monthly basis, we can see that the indicators are trying to move from the fall to the rise. In this sense, with the breaking of the downtrend, we can see a new rising channel that will work for a minimum of 4...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.1347). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURUSD is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a...
Price rejecting the 1.2750 level, expecting a rally to level 1.30
As we can see there was a big spike to the upside at a previous resistance level which was meant to take out retail stop losses and collect all the orders to push the price down, another confluence is the price was at 1.13850 which is a psychological level. You can wait for a retest into that zone or take an aggressive entry right at the candle close. This could...
Risk: -20 pips Gain: +20 pips Risk/Gain Ratio: +100% Theoric Probability: > 70% Actual Probability: + 85,96 % Total Gain: + 754,10 pips
Trade with >70% probability: sell short @ 1,1297 stop-loss 1,1317
Will it pierce the Resistance of Decade, Hi traders, have a great weekend, Last week it was a game of one side according to EURUSD, go up and up after the dip of March,and it reaches the high point of resistance where finally finds some resistance..but the fundamentals are seems to be against the resistance are to see the new high of 1.16500 else the resistance...
EURUSD to buy or to hold until the price hit or approach the resistance zone.
The 1 hour is up against 1.0868 low. Near-term, while dips remain above 1.0868 low expect pair to extend higher for few more highs before it finished correcting the cycle from 3/09/2020 peak in a zigzag structure & resume the downside. We prefer selling the bounce in 3, 7 or 11 swings at the extreme area when seen ( see 4hr chart). Short term Trade Long...
Hello guys, there is an ideea for short. Bull flag, catch it. Hit like button if you are agree. :)
AUDCAD can be good short , with small stoploss
Closing above .......mid line may push stock to upper resistance where we can short for down target and rejction below ...... mid line can push stock on down support where we can make buy position , what is your view
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.103). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURUSD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support....
if EURUSD BREAK THE ASCENDING TRIANGLE THEN IT MAY GIVE THE 1:1 RISK REWARD AS SHOWN IN THE IMAGE.
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.098). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURUSD is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic...