EURUSD just broke the neckline of a head and shoulders pattern. Pair is also pivoting off a yearly and quarterly pivot point cluster. Only obstacle is the yearly pivot level, if that breaks, I expect the head and shoulders measured move to happen which will also fill the GAP many FX brokers have on their charts. Yearly pivot could act as a pullback area to the neckline.
Placing a small buy here on EU ahead of tomorrow's ECB interest rate decision and conference... Ideally I will be getting out before the fact.
This is my first long-term idea for EURUSD this year, at the moment this is my view, updates will come!
Current position looks prime for a short entry with minor risk and great reward potential. Looking for price to continue to build the current corrective pattern taking place (wedge). Enjoy!
Here is a potential short-term trade for EU My entry is 1.08952 TP 1.07774 ~Thanks for taking the time to view my chart~ **These are not signals, just ideas**
As in chart. Bearish divergence shows exhaustion of bulls and high probability of gap close. Supported by fundamentals: monetary policy divergence remains after today's ECB meeting.
Hey folks, A possible short on this pair could either occur when touching the trend line near to our price close to 0.5 fibo or it will break up and will go for year's higher price which is around 1.112. If first, then wait for a small consolidation and slow reversal. First sell if we have a reversal could be around 1.0970 TP1 1.0700 TP2 parity, 1.010 Case it...
Looking for any entry in LTFs.
Looking for a small pattern to enter a long position, preferably a double bottom:)
Price is between 1.0900 and 1.1000 levels which are borders of possible reversal zone. If price bounces from this zone, we'll have sell opportunity. We should open short trades if RSI and MACD histogram confirm price reversal. Entry levels must be below 1.0800 with stop above the local high and profit target at the uptrend line. Presently MACD and DMI confirm...
Following the gap caused by the French election results, which indicate that Le Pen has little to no chance of winning the second round, we are touching the downwards sloping trendline which has been in place since May 2016. I believe that with the French and Dutch election more or less decided the chance of another country leaving the EU has significantly...
Trend, support and resistance trade. Currently in this trade long for Target A 1.07989 Target B 1.09005 NOTE* Market is currently respecting the weekly trendline (blue) and past resistance levels (1.06880) Happy trading and don't forget, trade at your own discretion not anyone else's.
Sell EUR USD when daily candle closed below 1.07015. EURUSD
SHORT TP 1 - 30 TP 2 - 60 TP 3 - 100 PIPS