Dear friends, Today, EURUSD is facing direct challenges from a stronger greenback and higher interest rates on US Treasury bonds, which have exerted selling pressure on this currency pair. Resistance level: 1.095 Support levels: 1.089, 1.078
There are Two types of entry possible first is on the trend line breakout retest pattern with small risk if not reverse there then the support trend will reverse i am on Bullish Side
-The price is broken after crossing the critical level 1.10983 -Now, the price is taking the support around 1.08900, and this is the double button pattern; the previous swing is also on the same level. -This is a good buying area with a small SL, which is near around 1.0888 below and target 1: 1.10100 and target 2: 1.10800 -QM buy setup and demand zone also in...
There is two setup buy sell Buy order placed order block and sell order placed after 1hr ob and 4hr fvg
EURUSD dropped the most in three weeks on Tuesday after a downside break of an ascending trend line from mid-November and the 50-SMA. Adding strength to the downside bias are the bearish MACD signals. However, the nearly oversold RSI (14) line joins the 100-SMA support of 1.0935 to restrict short-term declines of the Euro pair. Even if the pair slides beneath...
EUR/USD edges lower to 1.0941 amid the firm USD. The US S&P Global Manufacturing PMI for December eased to 47.9 vs. 48.2 prior, weaker than expected. The increased odds of rate cuts from the European Central Bank (ECB) weigh on the Euro. The EUR/USD pair remains under pressure during the early Asian session on Wednesday. The downtick of the pair is driven...
Simply based on valid OB after a break of structure to the downside.
First a see a change of character (choch) after the mitigate the ob and Fibonacci 0.5 touching then I enter the trade
The EUR/USD is in a uptrend and has recently experienced a breakdown at a significant support level. If there's a retest, we can consider a short position. Our stop loss would be set at 7 to 10 pips, and the take profit target would range between 25 to 30 pips. This trade involves a trend reversal, making it slightly riskier as it goes against the prevailing...
EURUSD after hitting resistence multiple times and After getting asia's high Going down It could test Prev. low
EURUSD remains firmer at the highest level since late July while justifying the previous day’s upside break of a four-month-long previous key resistance line, now support around 1.1040. Adding strength to the upside bias are the bullish MACD signals and broad fundamental weakness of the US Dollar, especially amid the Fed rate cut concerns. The same suggests the...
DO NOT ENTER EARLY. This is a clear sell stop type order. Please wait for the price to go further down with relatively good volume. Always stick to the plan. All the best.
EURUSD sell setup follow your RR ratio educational purpose only
EUR/USD gained bullish momentum above the 1.0985 resistance. USD/JPY is declining and showing bearish signs below the 142.85 level. Important Takeaways for EUR/USD and USD/JPY Analysis Today The Euro remained in a bullish zone and climbed above the 1.0985 resistance zone. There is a key bullish trend line forming with support near 1.1020 on the hourly chart of...
Trade Idea: 📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART) 💡 RISK REWARD 1 : 3 ,5 10 💰 Risk 1% of your trading capital. ⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial...
This is based on a strategy called value area. The upper trendline represent the upper limit of the value area, lower trendline represents the lower limit and the middle trendline is the control price. Notice how price is respecting these levels marked as circles, and how price is gravitating around control price, the classic example being when price breaks the...
4 hour bos First decisional zone And extream zone 4 hour strong zone