Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (1.2210). 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 a downtrend is expected. . The price is above the 21-Day WEMA, which acts...
Thrilling End Expected Today (May 13, 2021)
EURUSD has given a clear & strong breakout of Parallel Channel towards the downside. It reversed from the resistance, which makes our second confirmation. We should look for shorting opportunities on EURUSD till it reaches its target. You can follow me on Insta - tradintra_fx.
Current structure suggest that EURUSD has formed an ending diagonal. One should go short in the region of 1.21250 & look for the immediate target of 1.1950
OANDA:EURUSD IN ONE DAY TIME FRAME DOUBLE TOP FORMED AND FORMED A SPINNING TOPS IN DAY TIME FRAME ONE HR TIME FRAME SIDE WAYS WAIT FOR DOWN BREAKOUT AND WAIT TO COMPLETE PROPER RETEST THEN TAKE A SHORT POSITION REWARD IS HIGH THIS IS SWING TRADE SO TRY TO USE TRAILSTOPLOSS
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..