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Eurusdlong

EURUSD Long Wave Analysis: The EURUSD pair is showing signs of a favorable long opportunity based on wave analysis. An ABC correction pattern appears to be forming, with the market completing the A and B waves. The C wave, which typically follows, presents a potential long setup. Wave Pattern: A completed A-wave followed by a corrective B-wave suggests an imminent C-wave rally. RRR: This setup offers an appealing risk-reward ratio, as the C-wave often covers a substantial distance compared to the B-wave. Support Confluence: The C-wave's projected starting point aligns with key support levels, enhancing the trade's probability. Fibonacci Retracements: The C-wave's target aligns with common Fibonacci retracement levels, adding to the technical confluence. Momentum Indicator: Positive divergence on a momentum indicator supports the idea of a potential upward move. Dollar Weakness: Considering potential dollar weakness, the EURUSD upward movement could be amplified. News Impact: Upcoming positive economic releases may further support the long thesis. Time Horizon: The projected C-wave duration aligns with a medium-term trading horizon. Risk Management: Place stop-loss below the recent B-wave low to mitigate downside risk. Monitoring: Continuously monitor price action and adapt to any changing market dynamics. Remember that trading involves risks, and analysis is based on historical patterns. Stay updated with market developments and adjust the trade plan accordingly.
Long
by Greenfireforex
Gbpusd buyTrade Idea: buy 📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART) 💡 RISK REWARD 1 : 3.8 💰 Risk 1% of your trading capital. ⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risk s; seek professional advice before making any financial decisions.Informational onLY !!!!AND IF YOU WANT TO LEARN IT WHAT STOPPING YOU TO ASK HOW ?
Long
by Greenfireforex
it may be an impulse wave. detail had explained inside the chart. in my point of view over all the trend has changed. we may expect a small high and then a fall for around 60% and then with previous low as stop we can think of going long. and impulse 3rd wave may be possible. if it is a triangle then this point of entering 1.07600-1.07200 will give u a good reward . if it goes straight up from here 1.06343 will be our stop loss. the irregular running flat may extend to 1.03654. disclaimer. I'm not a SEBI registered advisor. before taking your trade kindly do your own analysis or consult your investment advisor. i just shared my view.
by n0m0ret0ss
eurusd short + long Trade Idea: 📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART) 💡 RISK REWARD 1 : 1.7 , 1:3 💰 Risk 1% of your trading capital. ⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions.Informational onLY !!!!AND IF YOU WANT TO LEARN/ having doubt IT WHAT STOPPING YOU TO ASK HOW ?
by Greenfireforex
audusd - buy Trade Idea: buy Signal 📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART) 💡 RISK REWARD 1 : 3.5 💰 Risk 1% of your trading capital. ⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions.Informational onLY !!!!AND IF YOU WANT TO LEARN IT WHAT STOPPING YOU TO ASK HOW ?
Long
by Greenfireforex
Eurusd Buy In last post graph is inverted. Trade Idea: buy Signal 📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART) 💡 RISK REWARD 1 : 7 💰 Risk 1% of your trading capital. ⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions.Informational onLY !!!!AND IF YOU WANT TO LEARN IT WHAT STOPPING YOU TO ASK HOW ? Check out this incredible before analysis of the EURUSD! 💹 In this game-changing trade, we managed to gain pips .Our expert team of analysts has been hard at work, meticulously studying the market and identifying the perfect entry and exit points. It's all about strategy and precision, and we're thrilled to see our efforts pay off. 🔍 Swipe left to see the detailed chart that showcases our winning positions. We've combined our years of experience with cutting-edge technology to ensure our trades are executed flawlessly. 📚🖥️ We take pride in our dedication to excellence and transparency. By sharing our success with you, we hope to inspire and educate fellow traders on the potential opportunities in the Forex market. 🌍📈 Join our community of passionate traders and gain valuable insights into the world of currency trading. 👉 Stay tuned for more updates and
Long
by Greenfireforex
EURUSD LONG Trade Idea: EURUSD BUY Signal 📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART) 💡 RISK REWARD 1 : 2.5 💰 Risk 1% of your trading capital. ⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions.Informational onLY !!!!AND IF YOU WANT TO LEARN IT WHAT STOPPING YOU TO ASK HOW ?
Long
by Greenfireforex
EURUSD IDEAEURUSD IS IN DOWN TREND THESE DAYS, THE PMI'S MAY BE BLOC OUT FOR THE BEARISH OR BULLISH TURN. Note: All ideas forecasts are my personal views on the market, I share these ideas for free, and you're free to share my profile link with your friends, please do not use my Idea without credit. I post and share for educational purposes hence no idea we publish should be considered an investment advice. I mostly share ideas with more than normal conviction, meaning I mostly share ideas with High conviction. You can check all my work, you can understand my style of analyzing market, please if you like my work do help me earn reputation and like, comment on my ideas, we can discuss more here.
by CELGIB_TRADING
Preparing for the Worst: Trading Ahead of a US Debt Default"It is impossible to predict with certainty the exact date when Treasury will be unable to pay the government's bills," Treasury Secretary Janet Yellen said in a letter to Congress. Although Yellen noted a tentative date of June 1 as the due date to help spur lawmakers into action. While it is highly unlikely that the US will default on its debt, this doesn’t mean that the traders won’t make plans to deal with a default or get jittery. Two likely markets that will have to deal with the moves from these investors will be forex and gold. If uncertainties about an unprecedented potential U.S. debt default persist, the US dollar might lose some of its safe haven status which would possibly shift to gold. US President Joe Biden plans to meet with House Democratic leader Hakeem Jeffries, Senate Majority Leader Chuck Schumer and Republican leader Mitch McConnell on May 9. This will be a key date to watch the US dollar and gold in case the group come to some kind of agreement to increase the debt ceiling. With the US being the bedrock of the whole world’s financial system, we might also expect to see investors' jitters manifest in offshore-based assets too. Other safe havens such as the Japanese yen, the Swiss franc, and particularly the euro might be prime candidates for inflows.
by BlackBull_Markets