here is the possible short position from EurUsd as the pair foem Double dop along trend line in 4H TF and 1D TF
without any major news this is what to expect from the chart.
As we can see a clear 5 wave down and a 3 wave pullback, this can go down further. A great risk reward sell trade can be taken with a stop just above 0.9880.
Trade idea: SELLSTOP EUR/USD 1HOUR
I think londen created the high and will push down its collertion with dxy. We also have bearish engulfing patron thats strong cadels stick singal.
Eurusd fell after the cpi data from 1hr point of intrest. Expecting a move to liquidate the previous swing low. Look for an confirmation entry in the zone marked. #SMC
Buy eurusd @ 0.97850
Stop loss 0.97350
Target one 0.98050
Target two 0.98550
Target three 0.98850
Trade based one price action and london session
Three target given
We forecasted and shared our view of EURUSD. Where we were looking at 2 possible areas from where we were expecting bullishness.
From where we shared the entry price expanded from that area and never came below 😎
The analysis gave us -
324+ PIPS, 1:2.3+ Risk to Reward Ratio!
Trading Ideas-
Short positions below 1.0205 with targets at 0.9535 & 0.9304
Alternative scenario
If price sustain above 1.0205 look for 1.0366 & 1.0595 as targets.
Supports and resistances
0.9535 & 0.9304
1.0366 & 1.0595
EURUSD bears take a rest around the two-week-old horizontal support area while waiting for this week’s key catalysts, namely FOMC Meeting Minutes and US CPI. That said, sluggish RSI and bearish MACD signals join the quote’s sustained trading below the 50-SMA to keep sellers hopeful. However, a clear downside break of the 0.9665-50 region appears necessary for the...
here is my view regarding the eurusd. this week I will be bullish because the pair will be retracing and I will wait for the buy setup until the retracement is completed.
as you know the overall eur/usd in bearish right now .as dollar is strengthening all dollar related currencies like gbp/usd ,eur/usd , and nzd/usd are loosing their value so overall i am looking for short position next week.
the idea formulated when in 1h timeframe market is uptrend forming HH and HL to now break a HL (wick break ) which kind of confirm that...
EUR/USD rebounds toward 0.9800 after NFP-inspired drop
EUR/USD has gathered recovery momentum and advanced toward 0.9800 after having declined sharply in the early American session with the initial reaction to the US jobs report. In September, Nonfarm Payrolls rose by 263,000, surpassing the market expectation of 250,000.
