Hey guys, I am looking to short the pair if it breaks the support line and the fib line. Target is shown in my chart. Cheers Jesse
Downtrend confirmed, lot of room before next major resistance, rsi overbought, macd crossover, fib level shared with previous support. My analysis shows that this pair will go down until the next major resistance.
Daily Supply area reached 1 hour momentum line formed but not broken yet therefore EURUSD is just on watch list - not trading until Momentum line is broken Target = 1.17525 area SL above upthrust high if it holds before LPSY is made
A longer term pending position with anticipations of going lower. Targets are quite conservative
Hello, youraveragetrader here! :) Fresh new bull channel. - Potential short or - Wait for the fall back to the bottom of the channel and enter long for a safer play.
Been keeping an eye on this pair within the last couple on months. After a run to 1.18200 and 1.18600 in extension, A rejection candlestick was formed to show clear direction to the down with 1.16000 as target.
This is related to last week's idea of shorting EURUSD but wider time horizon/long-term (because in the short-term/daily trades, might ride the bullish wave if it still continues until next week with TP @1.20-- see hourly chart below) to not only reflect the expectation regarding Fed rate hike this December, but also sentiment on EUR's seasonality especially on Q4...
- Monthly M.A. up - Weekly M.A. up - Daily M.A. down H4 : Looking for a break and retest of the C.T.L. Expecting price to fall down to Monthly level of support at 1.1450. Invalid if price breaks above 1.1693.
The market is currently downtrending on the daily timeframe as indicated by the red trend line. Looking on the 4 hour chart, we see that the pair has moved into consolidation indicating a potential retracement to the upside before continuing on its path downwards. Therefore, I've opened a short position where I believe the market may see bearish pressure and could...
H&S Pattern on Eur/Usd and its also broken the trend line. Hoping to see 1.11 again
Daily head and shoulders formation on EURUSD, HUGE potential reward! Can't miss this setup!
The market has been in consolidation on the daily timeframe for a while now and is currently at the lower points of the mentioned zone. However, we have not made lower lows/lower closes for a while as well. Therefore, this indicates a market neutral stance for now. On the 4 hour chart we do have a forming pennant/triangle formation despite technically being in a...
Clear Head and Shoulders pattern alongside a strong RSI divergence, I believe this currency pair will have a reversal. Comment what you predict below!
RSI showing overbought pair EUR/USD Expecting price to fall down to 1.17 this month. Happy trading