EURUSD 26/5/24Starting off with EUR this week, we have a few idea for What we want to see this week ultimately we're looking at price travelling lower within the 4 hour range taking us into the daily weekly order block if we see bullish price action from here we may look to buy, BUT We are mainly looking for price to travel bearish in the direction that the higher time frame trends are moving based off of this if we sweep the liquidity above we've been looking for a breakdown rather than a run higher if we do not react at the Daily/weekly order block that we have highlighted in this analysis we will look for price to run lower and trade in that direction.
Keeping in mind the liquidity we have about the highs this does not mean that we are going to run bullish use the 4 hour range high and range low as reference for price direction coming into this week.
Trade safe and make sure to read price action!
EU
EURUSD - A Top-down Analysis (BEARISH BIAS)I'm going to start from the yearly timeframe and work my way down to the monthly, weekly, and lastly the daily timeframe.
Here on the yearly timeframe we have price coming into a yearly SIBI a couple of times before displacing down into a yearly Sibi. After which, we have a close above equilibrium, and the subsequent year came up into a yearly Breaker (Body) before what looks now like a move lower to take out at the very least the previous year's low.
12-MONTH
On the 6-month timeframe we see a nested Sibi support my bearish bias/narrative. At this point I do not see any discount PD Arrays, but I will be mindful of consequent encroachment of large wick of the swing low's candle.
6-MONTH
On a closer review of the 1-month timeframe, we see a monthly BISI seemingly about to close below it. If that is the case, I would like to see a return into that to be treated as an iFVG. My current draw on liquidity is the relative equal lows (Body).
1-MONTH
On the weekly timeframe we have an even clearer picture. The recent displacement is more prominent, and we can see that a weekly SIBI was created into the monthly potential iFVG (BPR). High up at my second POI is a weekly Bearish Orderblock that may still be a viable possibility for price to reach towards. Inside of that is a daily Unicorn model, which can be seen on the current daily chart. Much of my narrative is based on red folder news coinciding with how I am anticipating the weekly candles to close, mostly anticipating it closing below the SIBIs/iFVGs. The closer price gets to one of the major red folder news events such as CPI/PPI/FOMC, the more extreme of a displacement I am expecting. It is also key that I see some sort of manipulation to take place to shake out the retail crowd.
1-WEEK
So, let's see what unfolds in the coming weeks.
Trade safe!
- R2F
EURO STOXX 50 Already at Target 1. On Way to over 11 thousand.Euro Stonks are raging higher
Euro zone growth has been terrible ever since the inception of the #EU and especially with the introduction of the common currency.
(common currency but uncommon debts)
Why are they going up now
Are they simply playing catch up
Is the ECB going to engage in FED like stimulus and PPT activities?
Currency devaluation
or actual economic goodtimes?
IDK
All I know all the European Bourses have major room to the upsides
#CAC
#DAX
#FTSE
and all the minor index's are positively positioned like I have been saying for quite some time now.
EURUSDHello everyone, locally we are in a long context. I also considered longs in Frankfurt, but unfortunately, there was no suitable entry pattern. I expect the SSL to be lifted, after which I plan to consider longs. The intraday target is the previous day's high (PDH). If the price settles below 1.074, the context will change to short.
EURUSD 5/5/24Starting off the week with euro to the US dollar this pair has played bearish across the high timeframes for a while now. On the 4 hour chart here I'm looking for price to pull back into the discount zone that was given by the bullish range that broke our high last week this tells us that we are due another push to the upside but overall the higher time frame structures are bearish.
Keeping this in mind if we do not pull back and we shift above our newly created high I will expect price to fall from the red area highlighted above, Personally I would prefer to see price pull back down below the 50 of the newly created range bringing us into the 4 hour POI liquidating the low and ultimately pushing back up above the newly created high allowing us to buy this last up move before the higher time frame begins to sell price off again.
News this week is relatively low so I'm not expecting anything crazy volatile but I do expect us to expand to the upside before we start to drop lower.
Please note the key levels that we have marked on our chart here are these points I'll be looking to buy from.
Remember to follow price action read what price is showing you and trade your plan wishing you all a successful trading week.
EURUSD - Updated Analysis (Bearish Bias)Hello hello,
I am anticipating TWO possible scenarios. For context, you would have to know ICT's Concepts, particularly Time & Price Theory, Price Delivery Continuum, and the PD Array Matrix. Sounds fancy shmancy, but it isn't, it's actually quite beautiful.
Anyway, the TWO scenarios are:
1. Price comes up into the RED circle area. We have a large inefficiency on lower timeframes. On the Weekly we see a Body Breaker and a New Month Opening Gap. After that, price displaces lower this Thursday or Friday as there is also NFP. What i'm looking for is price closing below the current SIBI that the Weekly candle is in.
2. Price does not come up to that area this week, then I am looking for a 3W Sibi to be created and traded into first before moving lower. But preferably, I would like to see that no Weekly candle closes above the current Weekly gap.
Please refer to my previous EURUSD analysis for more information on what I am looking for, and how I am looking for it.
- R2F
EU's Digital Dominance Crackdown: Apple's iPad Added to RadarThe European Union (EU) has extended its regulatory reach to encompass Apple Inc.'s iconic iPad. This expansion, under the auspices of the Digital Markets Act (DMA), underscores the EU's commitment to fostering fair competition and curbing potential monopolistic tendencies among Big Tech giants.
The decision marks a significant juncture for Cupertino-based Apple, as it faces a new set of stringent rules aimed at ensuring a level playing field in the digital arena. The DMA, which recently came into full force, targets six tech behemoths deemed as digital "gatekeepers," including Apple ( NASDAQ:AAPL ), Meta Platforms Inc., Alphabet Inc.'s Google, Amazon.com Inc., Microsoft Corp., and ByteDance Ltd., the parent company of TikTok.
Under the DMA's purview, designated firms are compelled to adhere to a series of preemptive measures aimed at thwarting anti-competitive practices before they can take root. Notably, Apple ( NASDAQ:AAPL ) now has a six-month window to align its iPad ecosystem with the regulatory framework outlined by the EU. This entails a gamut of obligations and prohibitions, including allowing users to download apps from sources beyond Apple's ecosystem and granting them the ability to uninstall preloaded applications.
Margrethe Vestager, the EU's Competition Commissioner, emphasized the rationale behind bringing iPadOS under the DMA's umbrella, citing its pivotal role as a gateway for numerous companies to reach their customers. She underscored the EU's commitment to preserving fairness and competition in the digital marketplace, signaling a proactive stance against potential monopolistic behaviors.
Apple's ( NASDAQ:AAPL ) response to the regulatory encroachment reflects a delicate balancing act between catering to European consumers' needs and addressing the new privacy and data security risks posed by the DMA. The company remains steadfast in its commitment to delivering value to European users while navigating the evolving regulatory landscape.
The inclusion of the iPad in the DMA's ambit signifies a broader trend of regulatory scrutiny confronting tech giants worldwide. With regulators increasingly scrutinizing digital platforms' market dominance and their impact on competition and innovation, the tech industry faces a paradigm shift in regulatory oversight.
The ramifications of the EU's digital dominance crackdown extend far beyond Apple ( NASDAQ:AAPL ), reverberating across the tech ecosystem and prompting industry-wide reflection on business practices and market dynamics. As regulatory pressures mount, tech companies are compelled to reassess their strategies and business models to navigate the evolving regulatory terrain while maintaining their competitive edge.
In this era of heightened regulatory scrutiny, the EU's move to bring the iPad under the DMA's purview underscores the imperative of fostering fair competition and innovation in the digital marketplace.
Despite the regulatory scrutiny, Apple Inc. ( NASDAQ:AAPL ) stock is up 4% trading with a moderate Relative Strength Index (RSI) of 58.85 indicating further room for growth.
EURUSD 28/4/24Starting off as we do most weeks with EURUSD we gave out this idea way back at the start of this month and we are finally starting to see price line up with our bias, now of course as always we are waiting for an idea we have to line up and provide context tot the higher time frame move to then allow us to trade on the lower time frames, this is now in play from the view of the 1hr chart as you see marked on our chart here!
At the end of last week we had a nice break to the downside leaving some clear spaces for us to watch to confirm this downside shift, after all we spent most of last week travelling up with speed and momentum.
now because we see a sign this might be changing i am looking to confirm this and sell into the daily and weekly trend of down!
Points to watch this week.
FVG on this new hourly range, OB at the top of the range that gave this move the power it currently has.
Remember we aren't picking and choosing what price does we trade what it chows us and add relevance and context depending on where it decides to do certain things.
Trade what you see, not what you believe you should be seeing!
EUR/USD: Potential Reversal Signals Amidst Economic Data In the dynamic world of forex trading, every fluctuation in currency pairs tells a story. The EUR/USD pair, a perennial favorite among traders, often serves as a barometer for global economic sentiment. In recent sessions, its movements have captured attention, offering insights into market expectations and reactions to key events.
Yesterday, during the American session, the EUR/USD pair witnessed an uptick, largely attributed to disappointing housing data from the United States, which exerted downward pressure on the US Dollar. This movement drew attention to specific technical indicators that signal potential shifts in market sentiment.
One notable observation was the formation of a Gartley pattern, a harmonic trading pattern that signifies potential trend reversals. Additionally, Fibonacci retracement levels indicated significant support and resistance zones, further corroborating the potential for a reversal. Moreover, divergence on the stochastic indicator on the daily timeframe added another layer of confirmation to this narrative.
However, amidst these technical signals, the market received a dose of hawkish commentary from Federal Reserve Chairman Jerome Powell. His remarks bolstered US Treasury bond yields, thereby providing support to the US Dollar. This development added complexity to the analysis, highlighting the interplay between technical indicators and fundamental factors.
As the London session commenced, all eyes turned to the EUR/USD pair, which appeared poised to continue its potential reversal and gain momentum. The absence of high-tier data releases from the US economic docket on Wednesday provided traders with an opportunity to focus on other catalysts influencing market dynamics.
In particular, scheduled speeches from European Central Bank (ECB) policymakers, including President Christine Lagarde, and Federal Reserve officials promised to offer insights into monetary policy outlooks and potential market-moving statements. Traders anticipated these remarks with keen interest, recognizing their potential to influence the trajectory of the EUR/USD pair.
Against this backdrop, traders were cautiously optimistic, looking for signs of a bullish impulse and a confirmed reversal. The convergence of technical signals and fundamental developments underscored the complexity of navigating the forex market. Successful trading strategies required a nuanced understanding of both technical analysis and macroeconomic factors.
EU bearish confluence. MultitimeframeEU Weekly:
EU 4h:
Overall, a lot of bearish confluence across the timeframes. Look for further confirmation and entry setups.
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☝️ALL videos here are for sharing my experience purposes only, not financial advice, NOT A SIGNAL. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as a simulated, educational environment. Important disclaimer - this idea is just a possibility and my extremely subjective opinion. Do not act based on my analysis, do your own research!!
EURUSD 21/4/24EU here now confirming our low we spoke about last week!
because of this we will be sticking to our markup from last Sunday, due to this we don't have a huge amount of context to add to this markup. for more info feel free to check the chart from last week!
We have 2 zones of supply we are looking at but i am not expecting price to get up into our highest point.
Trade safe and stick to your risk!
EURUSD - Short Trade IdeaThis is just a "prediction" on what may occur on EURUSD.
Price has reversed to the upside since bottoming out on the 2nd of April 2024. This coincides with the US Dollars seasonal tendency. However, I have been bullish dollar and expecting a continuation of lower prices on XXXUSD currencies. Currently, I am waiting for a reversal to occur, preceded by a final fake-out to bait the herd into going long. This would likely happen at a high-impact news driver such as the upcoming CPI or PPI. There is a Hidden Bearish Orderblock on the 4h timeframe, so that currently is my area of interest for this event to happen.
Of course, this is all just anticipation. If the sequence of events in time and price do not align, I will just wait on the sidelines for more confirmation in market structure.
- R2F
EURUSD 14/4/24EU here with another pretty clean cut move! As we called from the start of this year we are seeing that new daily low placed into the market here with a clear direction as to what we want to see follow this, iam now looking for a low to confirm, this will require price pulling back to produce a low structure point this will then allow the market to make another deeper push for a new bearish structure to form, the points i am watching for this are the OB that caused the BOS of the major low, this is the first red line shown on our chart (50%) and then we have our higher zone which is a daily order block that we responsible for the structure shift and lower prices in the first place! bearish is the trend and bearish is the bias!
Follow what price is showing you and dont count on a pullback!
trade safe and trade your plan!
EU D Bearish Idea 3/17/24There is a chance that price could continue bullish from here, BUT I can NOT ignore the fact that there is a weekly head and shoulder possibly printing. Which will send price bearish for quite a bit.
On top of price not really breaking this area of price since 2021. This is a key level of price for EU. There has been 4 bearish engulfing candles in this area on the monthly, plus if you FIB the last bearish swing on the monthly price is at the 50% area of that FIB.
Last week printed a M on the daily & broke the neckline. Looking for the retest of the neckline and price to continue bearish. If price engulfs bullish I will adjust and look for buys
EURUSD 7/4/24EU starting off our weekly markups, we are looking at exactly what we called for way back at the start of last month which is price creating daily highs and lows bringing us an overall lower low on the weekly TF, as we know this always need a form of pullback to create these structures.
On our chart you can see we have an idea of what we would like to see, this is for price to drop down into the lower zones we have marked and then travel higher, we established the bullish move on Friday and at the end of last week telling us we need to see better prices for sells, where we sit we also need to see better prices for buys as well! Taking the high to the left has shown us that bullishness is most likely to follow in again this week so we look for the best area to give us context for more higher timeframe structure to form.
follow PA and trade your plan.
EURUSD 31/4/24Eu to start things off as we do most weeks!
This week we have a pretty simple out look, now this is mainly based on the fact we have an overall bullish movement currently on DXY meaning we are most likely going to see a shift lower on our USD secondary pairs, now taking that idea into consideration i am looking at 2 possible places to look for the sells to come into play!
The first place being the high of our last sell range on the 15/5min chart, this is the area we sold off from on Friday BUT because it was easter weekend we barely moved due to the lack of liquid within the market. The second place iam looking at is the untapped zone just below our last major hourly high that is pretty much the best place to sell from but we know pullbacks don't have to happen in a trending move.
iam overall looking at the green areas below for our first targets and we will watch price for a new low, main focus is the higher timeframe bias which is a new daily low to be formed!
Trade safe use the correct risk and trade your plan!
EURUSD - Short Trade IdeaBearish trade idea on EURUSD.
The next DOL/Target from my point of view is the REQLs below 1.0795 at the first objective.
My POI to look for a short is within the 12h Sibi residing not too far away which is also a Unicorn setup. There is news on Tuesday, either to initiate the manipulation and reversal, or continuation of the reversal that will happen today (Monday, 25th March 2024). This is what I am anticipating and will wait for price to show evidence of a reversal before initiating a short.
- R2F
EURUSD 24/3/24Starting off our week with the EU chart on the hourly timeframe, we broke our swing structures lower and shifted bearish to line up with the daily timeframe, we have 3 projections here for this chart we are currently in a bearish structure which you can see highlighted in this markup. i am expecting price to drop lower into our demand zone marked up in green and then to shift our swing structures bullish ready for the pullback to create the next high in price.
Alternatively we could have a bullish shift early on in the week then lead us into more bearish PA and our demand we have marked!
Either way the trend is set and the markets are open, trade what you are given not what you want to see!
Eu Effortless SellsSimple but effective sells on Eu.
Keep it stupid simple
Eu was selling, I don't like guessing, so I sold in accordance with the momentum.
My entry was based on price stop hunting a level on the lower timeframe. Momentum is the key to make my strategy work. If there is no momentum in the market. My strategy will fail almost every time.
This trade went up to 1:4 Risk reward but is currently floating at 1:2.66 RRR. My stop loss is at break even at this point as well so I am just chilling waiting to see what happens next.
Follow for more updates. Godspeed to all traders
EURUSD 17/3/24EU to start our week off, following on from our last weeks mark-up we are still looking for the same setup we had from then which is price to give us a run of the SWH into a bullish run and lead into the next major high on the daily timeframe. This would involve price either running the low that we put in on Friday, and then giving us an entry or taking the high first and then giving us an entry for running to the new daily highs.
as it stands we have a bullish range on the 5min timeframe, this will act as our liquid as we come into the new week price we look to seek one of these points and then we can gauge our next move based off of which point is ran first.
Main thing to always keep in mind is we follow what price is doing and where our ideal entry points are don't trade what we want to see trade what we are given!