Hi Dears, It looks like the euro wants to build a Cypher Pattern. The yellow circle is a sensitive area. If this area loses the Bear market. But remember that nothing in this world is 100% Good Luck
IF PRICE HIT SELL STOP IT MEANS SUPPORT BREAKOUT + RETRACEMENT ZONE BREAKOUT + TRENDLINE + HUGE BEARISH CANDLE HAS ALL BEEN CHECKED THEN PRICE WILL GO TO THE NEXT RETRACEMENT ZONE WICH IS AROUND 1.13149 // P: PLEASE CONFIRM BY YOUR OWN ANALYSIS BEFORE TAKING ANY DECISION ON THIS TRADE
At the moment we are seeing a correction for the pair. From the mark of 1.1510 the price turned up. Now the price is in the lower Bollinger band and has not yet crossed the middle line. Most technical indicators point to a sale. We believe that the price will continue the downward movement after the completion of the correction. Therefore, we advise you to look...
The EURUSD short term story continues to impress upon probable wave counts discussed. It was expected that the pair could find support around 1.1500/50 levels. It seems to have probably made a bottom at 1.1505 levels yesterday before pulling back sharply. Please note that probability remains higher for a potential bullish reversal against yesterday's low at 1.1505...
EURUSD is approaching our first support at 1.1518 (horizontal swing low support, 61.8% Fibonacci extension, 61.8% Fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 1.1661 (horizontal overlap resistance, 50% Fibonacci retracement). Stochastic (55,5,3) is also approaching support where we might see a...
hello guys, here's the chart of the eur/usd, after the rate hike from the FED I see some strength in the dollar for the first trading hour and maybe first days of the week but structure leaves clues and there's around 1.15 a buy area, a support area, that can help us in opening a trade with a decent risk to reward. Also from a technical point of view, RSI is...
Ongoing H&S-formation and a possible break of the 1.15 area Looking for shorts if it breaks Otherwise Bull and would wait for the 1,20 area to short sell
The EURUSD is well into its last leg lower, within the expanded flat wave structure a-b-c labelled on the chart here. The currency pair could have either formed a meaningful low yesterday at 1.1563 levels or it is very close to terminating wave c at 1.1500/50 levels. We have highlighted a potential buy zone for EURUSD in a rectangle on the hourly chart. Please...
The EURUSD is well into its last leg lower, within the expanded flat wave structure a-b-c labelled on the chart here. The currency pair could have either formed a meaningful low yesterday at 1.1563 levels or it is very close to terminating wave c at 1.1500/50 levels. We have highlighted a potential buy zone for EURUSD in a rectangle on the hourly chart. Please...
EURUSD is approaching its support at 1.1518(61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 1.1661 (50% Fibonacci retracement, horizontal overlap resistance). Stochastic (55, 5, 3) is approaching its support at 2.8% where a corresponding bounce could occur.
More then 2100 Pip Profit Projection Targets Are On The Chart.
HARMONIC PATTERN + TRENDLINE + DAILY TREND RETEST PS: PLEASE CONFIRM BY YOUR OWN ANALYSIS BEFORE TAKING ANY DECISION ON THIS TRADE
TP = 1.1570 hit on the additional short as EURUSD was eventually rejected on the 1.1800 - 1.1850 Resistance zone. 1D technically remains neutral (RSI = 46.181, MACD = 0) inside the 1.1510 - 1.1850 neckline of the Inverse Head and Shoulders pattern and will turn bearish upon the 1.1510 - 1.1530 support zone test. The 4H Channel Down (Highs/Lows = -0.0016, B/BP =...
After a strong downward impulse, the pair stayed near the mark of 1.1590 and currently consolidated at this point. Our technical indicators point to a sale. We believe that the 1.1590 mark will be overcome and in this case the quotes will move to support levels. Therefore, we advise you to look for points to enter short positions and consider your targets at the...
The EURUSD pair accelerated its drop on Friday, printing lows at 1.1570 levels before pulling back. As suggested earlier, EURUSD is into its last leg corrective drop within the expanded flat wave structure. It could be terminating around 1.1550 levels or drop through 1.1500 levels before finding support again. It remains to be seen where bulls would regain...
EURUSD is approaching our first support at 1.1509 (horizontal swing low support, 61.8% Fibonacci extension, 61.8% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 1.1654 (horizontal pullback resistance, 50% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic (89,5,3) is also...
Hello everyone, as anticipated in my last analysis, EUR/USD is knocking on key decision level 1. And as in real life, this results in several possibilities… Scenario 1 (blue line // 60% chance) Wave b of B is ending at key decision level 1 (blue bar, red box), EUR/USD turns down (wave c) to complete wave B of higher wave degree (yellow box). From there we will...
Satisfying Trade // New Meethod .. Killing it