Wait for the break after buy or sell If it break the trendline sell Or If it break the 1.19930 Buy
Shorted Triple top on eurusd with strong bearish engulfing candle on H1 and also same engulfing pattern is forming on H4.
EU on Weekly time frame has Ended it's correction part so i'm expecting price to go up till near resistance.
The poke above the neckline & an abrupt reversal suggests that the move was a corrective sequence against a downtrend. EURUSD should resume the downtrend against the high made in yesterday's session. Any rise should be taken as selling opportunity for minimum target area of 1.1800 region.
eur usd ready for short according heavy supply due to smart money
Short with SL of recent highs for target area of 1.1700 which is 38% retracement level or 1.1600 which is previous fourth.
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.
Welcome Back traders! Euraud providing us Good short opportunity 💪🏻Price has broke 4Hr channel and had a retest at week closing.Highly Recommend to take this trade.please feel free to Message me for profitable trades and account growth. Thank you
Euro against Dollar looking to go down towards the price mark of 1.20100 area, price action movement indicates the analysis, analysis given for Education purpose only..
Euro against Dollar , is looks like in Seller control in weekly analysis ,inspite its long term bullish move.. price action analysis only for education purpose..
Euro against USD looks bullish in long term , but when it comes to short term it looks to pullback from 1.20 area at the end of the 2nd week of Decemeber...
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.
Exercise patience here please, for validation 0.786 B point retracement of the XA leg, which our pattern requires. potential reversal zone will be defined after reaching 1.19069, which then completes our AB=CD. Our harmonic resistance will be above 1.19100 area
After the rally of the Euro to the upside, it is facing now a consolidation which might lead to a huge drop the downside. Let's wait and see.