Intraday sell idea for EU. Looking for the pullback into structure at the (2 point) to confirm bearish momentum. WE are targeting previous H1 lows as the take profit area which is roughly 30-50 pips from entry.
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.0919). 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...
Third touch of the 1 hour trend line with the bullish confirmation candles. Stochastics and Momentum Indicators are also indicating a buy. Expecting it to buy through the week till the next resistance level.
As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.0935. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=1.0885. TP4: S2=1.0845. Set the stoploss of these orders at breakout of R2=1.0965. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout...
The weekly is turning down and the daily right side is down with a bearish sequence against the 2/16/18 highs at 1.2557. The 4 hour right side is down with a bearish sequence against the 1.1496 highs from 3/9/20 . The hourly is turning down against 1.1148. While below there expect further weakness. Short term signal Sell EURUSD @1.0940-55 Target: 1.0860 Stop...
Please Note : These are buy/sell level . these levels has to breakout in minimum 15 min candle .. Reaching this level is not valied & Fake break out can be identified by RSI and other indicators
see higher time frame and you will get what's the next move .... it is the reason foe this much of accumulation...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.09. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.096. TP4: R2=1.1025. Set the stoploss of these orders at breakout of S2=1.0885. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.0857). 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...