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...
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