Eurusdshort
EURUSD forecast / trades takenHey everyone. Back again!! After a crazy trading session last night. Again, any questions let them rip!
BFIS were happy with the price of the EQL of the HTF daily sell range last night so we sold according following intentions and had a monster trading running around 30%. We also went long in to this sell transfer prior taking around 8 risk to reward. Following expectational order flow we expected the EQL sell side liquidity to be taken so this was the end target for us. Partials were taken along the way. Now we are expecting a pull back and will be looking to trade the pullback long to then sell again last on following the daily expectations (selling form the new sell range drawn in, in premium pricing)
Absolutely ready for another big session today (we hope).
Crazy week so far and enjoy your day ladies and gents.
💡Don't miss the great sell opportunity in EURUSDTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.1824).
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 below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 51.
Take Profits:
TP1= @ 1.1795
TP2= @ 1.1771
TP3= @ 1.1750
TP4= @ 1.1737
TP5= @ 1.1712
SL: Break Above R2
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EUR USD TECNICAL FUNDAMENTAL ANALYSISIn recent days EUR quite loses its strength with all major currencies, currently EURUSD travelling at 1.1820 with 80 pips as an average market. Last week, The US Dollar set a fresh two-month-high this morning before pulling back, driven by the Non-farm Payrolls report as followed by today(77/2021) Fed Monetary Policy Report makes the traders more cautious. Still, the Dollar is seen to have high demand, EUR might follow to 1.1745 where support seen, Sellers are more interested if EUR rise 30-35% of average trading points(80 pips), at 1.1845 seen to targeted by sellers, it's better to make a stop loss at 1.1890 ranges and followed by taking profit 1.1740 range.
WaveTrendZ provides forex news and technical analysis on the trends that influence the global currency markets, trading in forex is subject to market risk,
Eurusd 30 time timeframe Hello Guys!
Guys has per my knowledge EURUSD may move in downward direction. If it break that box which is In pupal color then we can go for short position.
Notice:-
1.Trade on your own Risk.
2.If their is any corrections in my analysis or is their any more confirmation then please let me know🙃🙃.
EURUSD SHORTSo, this is EURUSD short position analysis, I use this analysis tools are flag pattern using a support and resistant line .marking a Demand zone in 50To60 pip to in target.
flag pattern going to impulse wave and it makes correction wave for a fibonacci 50% touched and i take a shot position of almost 1:4 setup RR.
so far watch the market how market react our prediction.