After being stopped out at breakeven on my last EURUAD trade I am now looking for a second entry. The bearish 4hr trendline has been broken and today a higher high was made on the 4hr. I am now looking for a long trade on the next higher low to take advantage of this new trend. All analysis is marked on the chart and my entry is going to be around 1.57650 if...
In case you missed it, the European Central Bank (ECB) recently underscored its dovish stance by sharing that downside risks have proven “somewhat longer lasting” than previously expected. Draghi and his gang also said that it’s ready to “adjust all its instruments” in case of weaker growth and inflation prospects. Last but not the least, it doesn’t look like...
nice support bounce and 4th bounce off the trendline.
4H CHART EXPLANATION: Price is on a Wedge Pattern as the Main Structure on the 4h Chart. We can observe: - ABCDE Elliot Pattern Completed ( on Elliot wave Theory this is a clear signal that the structure is finished ). - Support zone made by A/C/E . - Broken Descending Trend line . We consider the previous items as Bullish Signals to be looking for long...
Signal ID: 64834 Time Issued: Thursday, 11 April 2019 00:00:15 GMT Status: open Entry: 1.12634 - 1.12862 Limit: N/A Stop Loss: 1.12293 The Tidal Shift Strategy has just bought EURUSD at 1.12748. The system recommends entering this trade at any price between 1.12634 and 1.12862. The signal was issued because our Speculative Sentiment Index has hit its most...
There is heavy Resistance from the Lower High trend line on 1D (bold dashed line). If broken to the upside, a -0.82% high from the previous top may be made. The target on this scenario is 1.1353. If rejected, it should test the 1D Support at 1.11815. *Notice the 4H Channel Up pattern that resembles the one during February. This supports more the bullish break...
Signal ID: 64805 Time Issued: Wednesday, 10 April 2019 01:03:15 GMT Status: open Entry: 1.12428 - 1.12627 Limit: 1.12030 Stop Loss: 1.12826 The Breakout Opportunities system has just sold EURUSD at 1.12561. The system recommends entering this trade at any price between 1.12428 and 1.12627. The signal was issued because the EURUSD has broken its 24-hour low while...
Looking at the H4 time frame we see an inverse head and shoulders pattern, and a double bottom pattern showing that price will move upwards. I expect price to reach 1.13359.
Currently experiencing a rejection on 38% fib retracement level and strong level reistance/ trend resistance also. We expect this pair to go down to 0% fib level If the bulls break the resistances and retests as supports then we can change trading direction
EUR USD short Possibility of 4 hour candle close ONLY for confirmation The chart pretty much says it all Followers will know where we place our stops in such set ups Only enter after 4 hour candle confirmation
EURUSD is approaching our first support at 1.1174 (horizontal swing low support, 61.8% Fibonacci retracement , 100% Fibonacci extension ) where a strong bounce might occur above this level pushing price up to our major resistance at 1.1336 (horizontal swing high resistance, 61.8% Fibonacci retracement , 61.8% Fibonacci extension ). Stochastic (89,5,3) is also...
possible short till the marked level , then long till the resistence ( eventually a new high ) let me know if you hoppin on this one ,cheers !
The rebound near the 1.1175 1M Support was something that was largely expected due to being a long term Buy Zone as shown on the trading idea below: But notably this rebound is being executed on a symmetrical cup curve which may complete the 1.13022 - 1.13315 target on a minor pull-back. This is a short term action plan for those who missed the rebound near...
The price bounces from 1.12000 support level . RSI confirms the price reversal and MACD histogram supports the further upward movement. DMI is still bearish but ADX line falls. It tells us that sellers are not so strong for pushing the market lower.
The price bounces from 1.12000 support level. RSI confirms the price reversal and MACD histogram supports the further upward movement. DMI is still bearish but ADX line falls. It tells us that sellers are not so strong for pushing the market lower. At the same time, the market gives us two trend reversal signals. They are a double bottom and a bullish...
WELCOME TO DACAPITAL-TRADING! EURUSD FOREX BREAKDOWN 08 APRIL 2019 1 HOUR Strong short-term price action taking out H1 Highs and short-term sellers! 4 HOUR Bullish takeout of market sellers about to drop shortly DAILY Overall very bearish market with several LL / LH! PULLBACK SETUP SELL EURUSD ENTRY @ 1.12640 SL @ 1.13010 TP @ 1.12220 (Use normal...