OANDA:EURUSD Short Opportunity. Strong Support line to watch at 1.10000.
Bearish divergence is a solid signal for trading against the main trend. Price bounced from the resistance level and RSI confirms price reversal. DMI allows open short trades. We can sell below 1.11750 with stop above 1.12500 level. Profit targets should be at MA50 and MA100.
EUR/USD can go test 1,1307 yearly R1 before coming back down its at quarterly R2 and month R2 1,1200 area but so close to yearly R1 so not the time to short yet . Short once touch yearly R1
Time to get long EUR. Speculators have turned net long Euros for the first time since 2014 - when ECB started aggressively easing, and EURUSD was above 1.30. Technically: A medium term trendline at 1.10 has been broken. 1.10 psychological round number taken out. Fundamentally: Euro area has large current account surplus vs US - should drive flows...
Price passed through the kumo. DMI confirms strong upward movement. Probably we'll see up movement to the resistance zone between 1.14500-1.1500 levels. It means that we have to search entry levels for long trades. We can do it on the daily and hourly charts. As for short trades, they can be opened but only with close profit targets.
Short EURUSD @ 1.11585; TP 1.1044, SL your choice
POTENTIAL SHORT OPPORTUNITY - CYPHER PATTERN COMPLETION If pass above 1.11351 this idea will no longer be valid. Will be updating this idea on Friday morning. Happy Trading ;)
Text book support and resistance, wait for conformation to go short like double top on the 4 h
Been waiting for a short on this pair for theeeee longest. Watching to see if this becomes a reality :) Let me know your thoughts! #PrayHustleProsper
EUR/USD facing resistance level at the moment. Good opportunity to take short position. Detais can be found on the chart. Wish you profits.
EU is still above the yearly pivot 1,0829 so bullish as long above it. Now at quarterly R1 1,0927 and should go test the monthly R1 1,1041
Hi, guy. I trade EU last week and think it will close the gap, however, from Friday it impulse to up. PLAN: - If it is not higher than this price area, it will go down for right shoulder. - If it still go up, follow the trend in shorter timeframe ( daytrade)
EURUSD - long - by E11 ( Ellalan) Entry : 1.0895 SL : 1.0825 TP : 1.1014
Expecting Euro strength for the upcoming 6-12 months. Reason: expecting ECB to end QE and start its normalization process. I thing short term there is a good chance we go down towards 1.05/06 but eventually i see the pair moving up towards 1.20.