EUR/USD Signal (May 20)EUR/USD is Currently surfing the whole FOREX Markets above.
ADX is currently in a Good Level.
Price Action is building up Momentum
My developed indicator shows a (+ve) signal.
Expected Green Light Today FX:EURUSD . (MAY 20, 2021)
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EURUSD SHORT TRADE SETUPThe weekly is turning down and the daily right side is down with a bearish sequence against the 2/16/18 highs at 1.2568. The 4 hour right side is down with a bearish sequence against the 1.1497 highs from 3/9/20. The hourly right side is down with a bearish sequence against the 1.0992 highs. While below there expect further weakness.
Short term Signal
Sell EURUSD
@1.0870
TP: 1.0788
SL: 1.0916
good luck !
EURUSD another round of bullish trendEURUSD
EURUSD currently completes its Elliot correction wave of C which is further signalling the buyers are in near term control
From the current level 1.10000 which is a major psychological level, We can open long positions
Primary target would be 1.11400, Which is recent resistance level
Stop lose may placed below the completion of Wave C
Leave your comments below
EURUSD is trading in a rising channelEURUSD
EURUSD is trading in a rising channel. So far the Channel support was not broken
Weakness in USD will support the long in EURUSD
Suitable long positions may open at 1.08545
Potential take profit will be 1.10140
Stop lose may placed below the channel support level 1.07800
Leave your comments below
EURUSD SHORT TERM TRADE SETUPA second wave (x) ended at 1.2532 on 2/16/18 where the weekly is turning down and the daily right side is down. Down from there wave a ended at 1.0876 on 10/1/19 where the 4 hour is turning up. From there a wave ((W)) is in place at the 1.1239 highs from 12/31/19. Wave ((X)) remains in progress while below 1.1095 where the hourly is turning down it can see weakness toward 1.0900 before a turn higher continues to correct the cycle from the 2/16/18 highs.
EURUSD -More Upside PossibleLast Week EURUSD was very volatile. Price has recovered from 1.13000 level. and Showing strength for Upside.This Week price can move upside for 1.15000 and 1.17000 levels as well.My Views are bullish for this week on EURUSD. * Always Move stoploss to cost if price moves more than 50 pips.*