Lukas says Long Patrik says Short
Trading idea and price prediction for (FX:EUR/USD) from trader Nika Lekishvili www.tradingview.com ~ My Channel GL !
Price reversed from Tenkan. It's a sell signal and we can open short trades below 1.0838 with stop above 1.0950 level. Profit targets can be at whole number levels and the uptrend line. Also it will be a good idea to use trailing stop orders for exit.
Good morning traders. This is an update for the daily key levels on EURUSD. The momentum is clearly to the downside at the time, however dip buying opportunities may come into play around s2 as there is a confluence of support in that area. The s2 area may even pose a nice intraday buying opportunity, but don't get greedy because any bounce will likely be...
Hi traders. EURUSD has been in an uptrend for the past month or so and has only recently started to slide to the downside after the non-event second round of the French presidential election. Given the overall trend though it is likely that institutional dip buyers are waiting in the bushes ready to pounce. The 1.083 area has a few confluences to support price....
We have a nice upward channel on EURUSD. And in this upward channel we have a nice short situation. Actually i missed this but as a scalper i can get some profits on retraces. EURUSD is a low risk pair currency for beginners.
Hi traders. The view on EURUSD has been switched to the downside. It will take a sustained break above overhead resistance at 1.1023 in order to shift the focus back to the upside. Until then, selling opportunities may be preferred. With that being said look to resistance levels or upticks for selling opportunities viewing support levels as downside targets and...
The market moves sideways last few weeks on 1H FX_IDC:EURUSD chart. It has formed a bat pattern, which gives a exact entry point and SL & TP levels. In addition, there is support level at 1.0882. The price respected that level few times and it is more likely it will do it again. Big buying orders usually placed at key levels, which will push the price up. Those...
Price reached MA100 (yellow line) and the strong resistance level. MACD and DMI confirm strong up movement and we'll be able to buy, if price breaks this reversal zone. Profit targte will be at 1.1500 level. If price can't pass through 1.1000 level, we'll have a signal for opening short trades. RSI and MACD histogram will have to confirm price reversal from MA100...
At this time EURUSD is neutral. Until we get a break and hold above r1 we cannot be sure of further upside. Similarly we cannot be so sure of any massive sell-off with the possibility of dip buyers coming in down in some of the support areas below. Enjoy.
Hello Traders, There is a lot of action going on right now around Euro because of the French elections. Taking a purely technical look at EURUSD, the Predictive/Forecasting model has defined the following BULLISH targets. Very High Probability - 1.10444 High Probability - 1.11140 Low/Medium Probability - 1.12039 Highlighted in faint grey is a background...
This one will get a bullish impulse as well on the daily. For how long no one can tell, just observe. I am in long from 1.09 !
Price is at the strong resistance level 1.1000. The market can reverse and fall to MA100 (yellow line) or even lower. Also we have a bearish divergence which is a sell signal. The trading idea can be like this: place sell-stop orders below MA50 (blue line) with stop orders above 1.1000 level. Profit target is at the MA100. As for long trades, they can be opened...
The market moves sideways on FX_IDC:EURUSD 1H chart. It is a good opportunity for advanced pattern traders. The gartley pattern is formed, which provides a good entry point and TP & SL levels. Moreover, there is a support level at 1.0855. The price respected those level few times, and it is more likely it will do it again. Big positions are usually placed at key...
The EURUSD developed a gartley pattern on 1 H chart. It hit the entry point and it a good opportunity to go short. There is a resistance level at 1.0947, which increase the probability of this trade. Usually, big positions are placed at key levels like that resistance and it is more likely the drops and hits the targets. T1 - 38.2 T2 - 61.8 Note: There are...