As per the structure, the price continues to decline to reach the 1st deemand area to go further, and also, there are three deemand created in a 4hr time frame.
If you watch the recent high and AO , there is a divergence between them
Where the price makes higher high, but AO is losing the buying momentum and decreasing.
Better to find a short...
UD/JPY forming a bullish reversal pattern - Head and shoulders at an important support level. The pair is also oversold so the chances of mean reversion on the higher timeframe along with the reversal pattern on the hourly timeframe bodes well.
1) Downtrend
2) Price is aboveEMA
3) Moving Down From their Strong support
4) Fundamentally EURUSD Is looking LONG
5) The zone that I made in EUR is work as magnet
70% Technical 30% Fundamental
gbpjpy has broken down from the head and shoulder reversal pattern and is now heading lower. Yen has been strengthening overall and it is interesting to see that even the USDJPY pair has been struggling. There is some risk off in the financial markets as a whole and that seems to help yen. The target is the depth of the pattern and is marked on the chart. There...
For me i am looking for short because of higher time frame analysis. Here is my short setup for this week, if you have no idea for this week just follow it's upto you. Wait for price to reach the upside zone in NEW YORK session then look for double top in that zone area(basically first candle rejected + next candle close below the zone+ again some retest rejection...
EURUSD Weekly Analysis!
EURUSD Support Trendline Breakdown!
Short Trade Opportunity in EURUSD!
EURUSD has given a brekdown to it's support trendline. It's been 2 week now sorry for late posting this trade idea but still the trade is in active state because there is a momentun in down side till the support zone which is 1.05447 - 1.04852. I can see this...
Hello Traders, Welcome to this analysis, In multiple time frames we are looking at the EURUSD and the H1 timeframe.
My trading strategy is based on simplicity.
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FOREXCOM:EURUSD
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if...
EURUSD has been trading in bearish sentiment, major tfs like 4H and 15m are trading bearish it has created a CHoCH on higher tf, in 15m as you can price we’re building liquidity, once tapped out on 15m extreme ob it can give good fall from above zone target should be weak low.
#EURUSD All time LOW at 0.90275 and that's the starting point of EURUSD candle on 01MAY2002.
#EURUSD All time HIGH at 1.60388 on 01JULY2008.
On 02NOV2009 price drops at 1.51440. After that price drops again at 1.49401 on 02MAY2011 but able to touch previous High. Again price drops at 1.39936 on 01MAY2014. Drops again at 1.2556 on 01FEB2018. As you see I Already...
EU has been bullish. since last November so we expect a small correction and continue to be bullish after the medication and collecting the liquidity from the positions
and also we are looking the plan B that EurUsd can either go for a push up to 1.13100 or else from here at 1.10900 it will start the next move towards the supply zones
