Don't Miss the opportunity to buy
We can see a clear Trendline Breakdown + RSI Divergence. We can short below 1.22149 in 4H timeframe. Always wait for candle to close and never make mid-candle decisions.
Long @ 1.22030 Stop Loss @1.21780-1.21790 (40-50 points below) Target 1 @ 1.22480 (450 point above) Target 2 @ 1.23090 (960 points above) Target 3 @ 1.23160 (1130 points above)
According to Price action analysis, EURUSD looks like a supporting a sideway movement this week,
EURUSD Currently the price is in resistance and for correction it will move downwards to support @1.17900 - 1.17950 ...wait for price confirmation and GO LONG.. Take profit 1 @ 1.18800 Take profit 2 @ 1.19450 otherwise it can go downwards upto @ 1.17250 and GO LONG .. Take profit @ 1.18050.
analysis mentioned on the chart.
The weekly right side is down against 1.4917. The daily is turning up against March lows at 1.0636. The 4 hour right side is up against 1.0757. The hourly right side is up against 1.1759. While above there the pair can continue higher toward 1.2200 in the cycle from the March lows. BUY @ 1.1802-1.1780 TP: 1.1880 SL: 1.1750 Good luck !
the 4 hour right side is down with a bearish sequence against 1.1557. The 1 hour is turning up against 1.1252. While above there expect the pair sees another high in the cycle from the March lows before a turn lower again. Long EURUSD @1.1300-1280 Target: 1.1420 SL: 1.1250 good luck !
The 4 hour right side is down with a bearish sequence against the 1.1497 high from 3/09/2020. The 1 hour is turning up against 1.1183. While above there expect the pair higher toward 1.1497 before a larger turn lower again. BUY EURUSD @1.1290-70 Target- 1.1350 Sl: 1.1250 Good luck !
The 4 hour right side is down against 3/09/2020 peak (1.1492) & shows a bearish sequence. 1 hour is down against 1.1353 high. Near-term, while bounces fail below there expect pair to extend lower 1 more push before last push higher against 3/09/2020 peak can be seen. BUY EURUSD @1,1215-1.1210 Target- 1.1300-1.1350 Stop Loss: 1.1150 Good luck !
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...
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...