EU
EURUSD 4Hour Analysis July 5th, 2020EURUSD Long Idea
The monthly and weekly timeframes are bearish while the daily and 4hour timeframes are bullish
Currently looking for a breakout out of this daily bullish flag but we can clearly see two potential scenarios for price action:
1.Price action breaks and retests 1.12500 confirming a higher low which we will enter on and target higher toward significant resistance like 1.13500 & 1.15000
2.Price action fails to push higher and breaks significant support around 1.12000. Look to enter on a retest followed by strong bearish setups and target lower toward our weekly support around 1.10450
EUR/USD - Long Idea.Hey! I am back after weekend with another Forex idea.
EUR/USD is in a good uptrend as the daily Golden cross has been confirmed just recently.
The trade is simple, buy the support area and TP at downtrend, previous high, below 1.12600, around 60 pips, SL 20 pips so you can achieve the golden 3:1 risk reward ratio.
Good luck with trading!
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EU SHORT..Based on my analysis and the current events, EU short to 1.116 looks like a go. The key will be breaking that point and seeing a push to the 1.109 range and beyond.
Sell: 1.1241
TP1: 1.12014
TP2: 1.1165
TP3:1.10999
SL: 1.12700
GBPUSD - SELL OPPORTUNITYLooking for a potential GU SELL, targeting TP AREAS. (30+ PIPS)
Looking to bank 150 PIPS if market holds bearish momentum
Trade Safe
Entry Criteria
- Strictly looking to execute entry on price action, reversal candle, exhaustion candle
- If price breaks through sell area 1 with bullish momentum, look to take sell in sell area 2 (Price Action etc)
- Apply risk management according to what suits your trading style
Targeting price area 1.220 , If TP Areas 1 & 2 are broken with strong bearish momentum (150 PIPs)
EURUSD Swing Trade LongGood Day all,
Here is my current analysis of the FX:EURUSD going forward. Please read the entire passage to understand why I am swing trading this majorly.
We still have some bearish momentum shorter term left and therefore I have already cleaned up my charts, but there was 3 short opportunities within a longer term trend that is bullish. We are currently within a flag pattern and I am looking for a Retest equal of a upper trend line that was resistance turned now support but a miss of the flag structure for the start of the move upwards. The blue Box will be my buy zone(1.11700) with effective stop loss to make sure we hold above the trendline. This will be my first entry that is on the chart for my Long Entry. I am then looking for a break of the flag structure and a retest which serves as the second entry point confirming the bullish trend and also activating the flag pole length for Take profit 2 Zone at 1.16700. There will be a third entry zone then at the top trendline of monthly resistance which is looking strong currently to say this is for now TP1 zone at 1.14000. I am looking once again for a breakout and retest to go long a third time all the way up to our top TP zones.
I have a telegram channel which is public where i share all updates on trades etc.
Head & Shoulders Pattern (Inverted)Identifying and confirming Trade entry, Stop loss and Target using the Inverted H&S Pattern
Use the link to the related idea below, the basic strategy used is the same as described in the H&S tutorial.
EUR/USD potential With bigger states having their larger companies re close because of a second Corona Virus wave, A good sign for our bears to continue would be breaking that 1.114 marker than finding them selves hungry to reach the 1.110 target.
On the other hand if we do not break that 1.114 support and see a break past 1.120, there is potential the bears fight to bring her back up to 1.125 before laying down the hammer and taking us up to 1.134!
My opinions! Please give me constructive criticism, I am still newer to the game!
EU is at an interesting areaEU head and shoulders from last week is playing out to the downside. I want to see if resistance on the 4H and 8H will maintain and continue to extend their flow lower. If so, I will continue to prioritize sells. If the 4H LH is broken, I will look for new bullish structure to maintain and extend to the upside back towards daily supply. :)
Head & ShouldersHead & Shoulders pattern traded using the Percentage change (Fib) Tool for both conservative and aggressive entries.
Potential Euro Usd Short Scenarios Aki podemos ver que el mercado a pausado varias veces en esta region de action. Possiblemente con el pendiente reporte de la union Europea el viernes veremos mucho volumen bajista por el impacto del corona virus
EUR SHORTA jump to 1.1233 with the potential to hit 1.1249
Open: 1.2075
SL: 1.1975
Tp1- 1.1233
Tp2- 1.1249
EURUSD to complete correction and retest former top 1.1495There is a sideways consolidation emerged as possible double three WXY.
Another drop is pending before reversal.
EURUUSD . Bulls Buy Now for 121 pips EURUSD . bulls buy now
TP 1.1353
121 pip "the hard way"
bullish fundamentals imo
bullish channels & oscillators
bullish moving averages
OANDA:EURUSD
dear disclaimer: i saw a hummingbird today. it looked at me, and told me to buy euro. so don't get it mad at me if the chart is wrong. feed a hummingbird. that's advice. buy euro? i dunno.
EUR/USD - Possible Head and shoulders formation.Hey, I am back after weekend with another trade idea, this time looking at the main pair, EUR/USD.
It seems like EU can print us a pretty Head and shoulders formation, I will try to be one step early, and try to short this pair at the resistance area.
This is a trade against the trend so it's kinda risky, but the Head and shoulders formation is a trend changing formation so let's see!
Don't forget to follow me, to not miss out on a good trade opportunities😉
Each Like is very much appreciated! 🙌
If you have any questions, feel free to ask.
Soon to long EURUSD I see an FVG candle that needs to be filled. IMO, it'll will bounce off 1.13066, create a "support" and then break it moments later after finally entering a long. Let's see how this goes. :)
