Risk: -41,5 pips Gain: +8 pips Risk/Gain Ratio: +19,28% Theoric Probability: > 70% Actual Probability: + 85,71 % Total Gain: + 734,10 pips
levels are simple support resistance and are marked for persoanl project study one can learn from the same as well
Euro against dollar pair traded within the price limits for the last one month or so, and clearly visible this week the pair will look forward to go high with the last week closing candle little off the floor, also a triple bottom pattern formed .. from the price action analysis view , bulls have the upper hand this week. when it goes high, it may finish with...
The 4-hour right side is down against 3/08/2020 peak (1.1497) & shows a bearish sequence. 1 hour is turning down against 1.1020 high. Near-term, while bounces fail below 1.1020 high expect pair to extend lower. Short EURUSD @1.0950-1.1000 TP 1- 1.0850 Tp2- 1.0720 Good luck !
eurusd is range bounding , we can see that the price reaches a strong support level , also we get a confirmation - a strong bullish candle , now it is time to buy
The outlook for EUR/USD has improved after a more upbeat week for the currency that pointed to further modest near-term gains. Shortly after some desperately poor GDP data for the first quarter of this year due to the coronavirus pandemic, and the likelihood that the second quarter will be even worse, the European Central Bank again indicated that it is prepared...
Euro against Dollar seems to take off by the bulls in the first week of May , Last month of April the price was almost moved in sideways and its top and bottom not exceed or decreased .. month high were 1.09 and month bottom were 1.076.. New month expects the pair breaks out of this area and may touches the old resistance stays over the years at 1.14
as expected last week we saw eurusd breaking that huge H&S on the H4 chart resulting in a fast movment t now we see a continuation of the pattern 1- H&S target have not been achieved yet 2- We have a double bot formation on the daily 3- big buying sentiment next to the breakout level
CADCHF is rallying towards a major buy zone , although the rally is very strong , but that level is strong too , if the price reacts and creates a pattern like engulfing , pinbar , hammer - we can take a entry , with a minimum 1 : 4 risk reward ratio
The weekly is turning down and the daily right side is down with a bearish sequence against the 2/16/18 highs at 1.2568. The 4 hour right side is down with a bearish sequence against the 1.1497 highs from 3/9/20. The hourly right side is down with a bearish sequence against the 1.0992 highs. While below there expect further weakness. Short term Signal Sell...
EURUSD had broke a price action pattern and it is trying to go more up , also the fibanocci level successfully retraced
Also the trend is up
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.0830). 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 below the 21-Day WEMA which acts as a dynamic...
eurusd braked a price action pattern and the weekly shows to go more up