1) short trand is upward 2) generally continues its trend from retracements 3)its history has such moves
supply and demand trading with the trend we saw price on a strong downtrend which also created a supply zone were we looked to short once price comes back to our zone we then went to our entry timeframe which is the H1 to look for entry with confirmation.
As we see eurusd is currentley on monthly support if we go ltf we see a clear chooch in h4 this confirms our bias to go long eurusd is now retracing down if this retracement work and we see a bos in upward then we will be buyers on eurusd till we reach monthly premium area LET SEE
Hello dear friends! Today, the EURUSD experienced modest gains during the Asian trading session on Monday. It is evident that the recovery of this currency pair is supported by a weaker US dollar (USD). As of the time of writing, EUR/USD is trading at 1.0525. From the technical analysis chart: As mentioned, immediate resistance for EUR/USD can be seen at...
Hello dear traders! Currently, the EUR/USD is holding higher but still below the 1.0600 level in Asian trading on Wednesday. The risk-off sentiment is dominating and weighing on the US Dollar, particularly in the face of optimistic data from China. Lagarde's speech and EU/US data are being closely watched. On the 4-hour chart, the price is well supported and is...
Hello dear friends, EURUSD has decreased as predicted. It is currently trading at 1.0538, down by 0.20% for the day. It can be observed that after forming a pattern, this currency pair has gradually narrowed its direction. The expected level for this decline is at 1.0481.
Entry: Enter a long (buy) position after the bullish engulfing pattern is confirmed. The bullish engulfing pattern occurs when a small bearish candle is followed by a larger bullish candle that completely engulfs the previous one. Stop Loss (SL): Place a stop-loss order below the low of the bearish candle in the bullish engulfing pattern. This is done to limit...
In my analysis of the EUR/USD currency pair, I've observed several key factors that are influencing its performance. It's important to note that this is not a trading recommendation but rather a general overview of the pair's recent trends and the forces at play.
EURUSD analysis of m15 chart of BOS, Orderflow and internal structure for me
EURUSD stays within a three-month-old bearish trend channel despite rising the most in October the previous day. Adding strength to the bearish bias is the looming bear cross between the 100-day SMA and the 200-day SMA, as well as the steady RSI (14) line. However, three-week-long horizontal support surrounding 1.0500 joins the bullish MACD signals to restrict the...
PERFECT HIGH PROBABILTY SETUP. Red Lines are main leg , so after taking main leg , market allways go to take internal LQD. Blue lines are internal strcture , After taking internal LQD Market will make the main move , atlist till the yellow line.
-EURUSD is jumped last week and not sustained on the major supply zone -Now it is retraced to the near the demand zone, which is marked on the chart -There is a low-risk long trade near the demand zone with SL 1.04657 TGT 1.06365
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your...
As Per Current Situation and Market Structure Looks Like to move forward for short term period then it should re-test recent swing Low or it should expand down direction.
measure trend of eur/usd is down according to history data dxy index takeoff from runway without retracement so inverse effect will showcase on eur/usd also the history of eur/usd shows behavioural pattern as per shown by me in drawn charts
Trade line break out then retrece then after target