Price hit important level of 1.18800 and could reverse to 1.17640
From using major support and resistance zones in previous weeks, I can see EURUSD is current sitting above the previous resistance (1.17570) which will now act as a support level. We've also spotted an ascending triangle, from here in expecting price to retrace to the previous resistance (now support) which would also mean a break from the ascending triangle and...
Nice double top setup. Got stopped out for a 6 pip gain in the last post
We could possibly see EURUSD go for a sell, as price hit its daily high in the morning of the London/New York overlap. As of now, if price can push downwards to pass the upper support line, then go for a sell. TP: 1.175 OR BELOW
EURUSD - Seems like a H&S pattern formation is there on the chart, Wait for the neckline to break down for a trade position. Good short sell below 1.17050. Potential downside target 1.16600 - 1.16100 Maintain stop loss around 1.17500 Follow the levels as mentioned Traders, if you liked this idea hit the like button & write in the comment section. Why you...
EURUSD has been pushing short for several days now and I have managed to scale in on a second entry. Using the group's four-hour break and retest strategy alongside institutional levels and session breaks.
Quick 20 before the CPI news from the Feds. Sept 11 8:30 am est
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Price held cleanly below the resistance level at 1.19170 and also below the trendline. Price is forming an ''m'' also known as double top and we can expect price to drop to next support level which is around 1.18508
I am experiencing a short for EURUSD, as a sign of resistance as an approach for this candle wick. We will keep a close eye on it, but it looks safe enough to sell. TP: 1.192 OR BELOW