eurusd 📉 signal 📈hello guys...
as I said before:
from my point of view, this pair is bearish!
why?! you can see the ascending channel broke! the price formed a QM pattern twice!
the first QML(1) was touched and if the blue trenline breaks up the QML(2) will be touched too!
so I believe this coin wanna touch the QML area and then start the downward movement due to engulfing the last lower low!
___________________________
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EUR
EURUSD 16 Apr 2024 W16 - Intraday Analysis - EU ZEW / US PowellThis is my Intraday analysis on EURUSD for 16 Apr 2024 W16 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m
4H Chart Analysis
1.
Swing Bearish
Internal Bearish
Pullback Phase
2.
Swing continuing bearish following the HTF Bearish Trend. Expectations is set for the Swing to stay bearish to fulfill the HTF targets.
3.
After a BOS we expect a Pullback. Currently price within the Weekly Demand and approaching a 4H/Daily demand zone.
Possibly that PB Phase could start at anytime with at least a Bullish CHoCH but preferably mitigating a HP POI.
Following the HTF targets, there is a high probability that the Bearish OF will hold so shorts are possible for continuation bearish from 4H Supply zones.
15m Chart Analysis
1.
Swing Bearish
Internal Bearish
Pullback Phase
2.
After BOS we expect a pullback. Bullish iBOS will be the first sign that Swing Pullback maybe starting.
But as we didn't mitigate any HTF POI any PB could be limited.
Also the 4H Swing requires a Pullback so there is a HP that the 15m will be run at least as a 4H CHoCH.
EUR/CAD has a strong bearish momentum, could it fall further?Price is rising towards the resistance level which is an overlap resistance which aligns with the 38.2% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 1.46671
Why we like it:
There is an overlap resistance level which aligns with the 38.2% Fibonacci retracement.
Stop loss: 1.47033
Why we like it:
There is a pullback resistance level which aligns with the 61.8% Fibonacci retracement
Take profit: 1.46192
Why we like it:
There is an overlap support level
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EURUSD: Oversold on 1D but still bearish long-term.EURUSD turned oversold today on its 1D technical outlook (RSI = 29.517, MACD = -0.004, ADX = 31.573) as it failed to sustain the rebound during the early session. The long term pattern is a Channel Down since the start of the year and this is the second bearish wave for a LL. The 1D MACD is on the second Bearish Cross inside 30 days and even though a short term rebound might be possible, we expect a test of the Channel Down's bottom by the end of the month (TP = 1.05550). That would be on a perfect -4.00% symmetry with the decline of the previous bearish wave.
See how our prior idea has worked out:
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Trading Signal For EURUSD (Flag pttern)Trading Setup:
A Trading Signal is seen in the EURUSD (m15)Currency Pair.
Traders can open their Sell Trades NOW
⬇️Sell Now or Sell on 1.0684
⭕️SL@ 1.0716
🔵TP1@ 1.0561
🔵TP2@ 1.0500
🔵TP3@ 1.0411
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
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EURO - Price can start to decline to $1.0575 support lineHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
Some time ago price entered to falling channel, where it first broke resistance level and fell to $1.0775 points.
After this, price tried to rise, but failed and declined lower, after which EUR turned around and started to grow in rising channel.
In this channel, price made fake breakout of $1.0840 level, and then declined lower support line.
Next, price started to trades in wedge, exiting from rising channel, where EUR rose higher $1.0840 level again.
But then Euro turned around and made downward impulse to support line of wedge, breaking $1.0840 and $1.0700 levels.
Recently price rose to resistance line and I expect that Euro can break this line, after which it bounce down to $1.0575
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EURUSD - Daily fallThe EURUSD pair has been consistently making lower highs, indicating a loss of bullish momentum.
This pattern suggests the potential for a breakdown below the current support, eyeing a move towards the major support zone.
Traders should watch these levels closely for signs of continued bearish movement.
EURUSD: Overall view
Greetings Traders,
Key Levels Around 1.0700: Today's R1, Previous Day's S1, March S1, and a strong reversal point all converge around 1.0700, indicating significant levels to monitor.
Yellow Bullish Channel: It's imperative to watch for any breaks below the yellow bullish channel, as this could invalidate our current analysis.
Take Profit Targets: TPs are set at the bottom of the channel and today's pivot around 1.0665.
Upcoming Events: Keep an eye out for surprises in today's retail sales announcement and tomorrow's Federal Reserve Chair Jerome Powell speech, as these could potentially alter market direction or affect optimal entry levels.
Short-Term Trading Strategy: Short-term traders may consider taking long trades if the price surpasses 1.0670.
Best regards,
EURUSD - Short Trade IdeaThis is just a "prediction" on what may occur on EURUSD.
Price has reversed to the upside since bottoming out on the 2nd of April 2024. This coincides with the US Dollars seasonal tendency. However, I have been bullish dollar and expecting a continuation of lower prices on XXXUSD currencies. Currently, I am waiting for a reversal to occur, preceded by a final fake-out to bait the herd into going long. This would likely happen at a high-impact news driver such as the upcoming CPI or PPI. There is a Hidden Bearish Orderblock on the 4h timeframe, so that currently is my area of interest for this event to happen.
Of course, this is all just anticipation. If the sequence of events in time and price do not align, I will just wait on the sidelines for more confirmation in market structure.
- R2F
EURUSD 15 Apr 2024 W16 - Intraday Analysis - US Retail SalesThis is my Intraday analysis on EURUSD for 15 Apr 2024 W16 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m
4H Chart Analysis
1.
Swing Bearish
Internal Bearish
Pullback Phase
2.
Swing continuing bearish following the HTF Bearish Trend. Expectations is set for the Swing to stay bearish to fulfill the HTF targets.
3.
After a BOS we expect a Pullback. Currently price within the Weekly Demand and at a 4H Demand Zone.
Possibly that PB Phase could start from here and the first weak confirmation would be a Bullish CHoCH.
Following the HTF targets, there is a high probability that the Bearish OF will hold so shorts are possible for continuation bearish from 4H Supply zones.
15m Chart Analysis
1.
Swing Bearish
Internal Bullish - Pullback Phase
2.
After the Bearish iBOS, price continued bearish till the 4H Demand.
With the mitigation of the 4H Demand we formed a Bullish iBOS which confirmed the Swing Low and the initiation of the 15m Swing Pullback Phase.
Expectations is set for price to continue bullish to facilitate the PB till a HP 4H Supply Zone.
3.
4H Supply zone for possible Shorts.
Be mindful that the 4H supply is having Liq above it so there is a HP that this supply will fail to sweep the Liq above.
FOREX Pre-Week Analysis by R2F (Monday, 15th April 2024)Hello hello, guys!
We have a new week ahead. Here is my analysis for my bias moving forward. For those who are lazy, I am basically bullish on the Dollar and bearish for XXXUSD pairs. But I suggest going through the video as I explain how I came to this bias as well as offer analysis for each of the major Forex pairs.
We are in turbulent times, so trade safe out there. Protecting your capital is your NO.1 priority. It is not the time to go turbo mode all-in kamikaze style.
- R2F
Sell EURCAD ECB Interest RateThe EUR/CAD pair on the M30 timeframe presents a potential selling opportunity due to the presence of a well-defined bearish channel pattern. This pattern suggests ongoing selling pressure and a higher likelihood of further declines in the coming minutes or hours.
Key Points:
Sell Entry: Consider entering a short position (selling) below the broken support level of the channel, ideally around 1.4700. This offers an entry point close to the perceived shift in momentum.
Target Levels: Initial bearish targets lie at the previous support levels within the channel, now acting as potential resistance zones:
1.4656: This represents the first level of support within the channel.
1.4628: This is a further extension of the downside target, based on the height of the recent price movement before the breakout.
Stop-Loss: To manage risk, place a stop-loss order above the broken support line of the channel, ideally around 1.4720. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Thank you
EURJPY possible ideaAfter price broke daily high with momentum, it retraced back down and formed liquidity above an established golden zone. It left behind a huge imbalance that it could potentially fill before pushing the the upside to take out the latest weak high since price is in an overall bullish trend.
EURUSD 14/4/24EU here with another pretty clean cut move! As we called from the start of this year we are seeing that new daily low placed into the market here with a clear direction as to what we want to see follow this, iam now looking for a low to confirm, this will require price pulling back to produce a low structure point this will then allow the market to make another deeper push for a new bearish structure to form, the points i am watching for this are the OB that caused the BOS of the major low, this is the first red line shown on our chart (50%) and then we have our higher zone which is a daily order block that we responsible for the structure shift and lower prices in the first place! bearish is the trend and bearish is the bias!
Follow what price is showing you and dont count on a pullback!
trade safe and trade your plan!
EURUSD1h - On the hourly timeframe, there has been aggressive movement over the past two days without any correction, resulting in significant unabsorbed liquidity above. It would be beneficial to observe sideways movement in the Asian session with liquidity absorption below, followed by a structural shift to a long context.
EURUSD 15-19 Apr 2024 W16 Weekly Analysis - Middle East Tension!This is my Weekly analysis on EURUSD for 5-19 Apr 2024 W16 based on Smart Money Concept (SMC) which includes the following Time Frames:
Weekly
Daily
4H
Economic Events
Weekly Chart Analysis
1.
Swing Bearish
Internal Bearish
Reached Swing EQ
Swing Continuation (Pro Swing + Pro Internal)
2.
After the Bearish iBOS we confirmed that the Swing Pullback is over and we will target the Weak Swing Low.
3.
Price had reached the Bearish INT Structure extreme and initiated the Bearish Internal Structure Continuation.
Expectation is to continue bearish and target he Weak INT Low.
Daily Chart Analysis
1.
Swing Bearish
INT Bearish
Swing Continuation (Pro Swing + Pro Internal)
2.
Internal Structure continuing bearish following the Bearish Swing.
3.
After the Bearish iBOS we expect a pullback.
Currently price is within the Weekly Demand and swept Liq from the left.
Price could initiate a PB at anytime or after reaching the Daily Extreme Demand.
More price development required.
4.
Daily and Weekly demand zones for reactions to fulfill a Pullback Phase.
4H Chart Analysis
1.
Swing Bearish
Internal Bearish
Pullback Phase
2.
Swing continuing bearish following the HTF Bearish Trend. Expectations is set for the Swing to stay bearish to fulfill the HTF targets.
3.
After a BOS we expect a Pullback. Currently price within the Weekly Demand and at a 4H Demand Zone.
Possibly that PB Phase could start from here and the first weak confirmation would be a Bullish CHoCH.
Following the HTF targets, there is a high probability that the Bearish OF will hold so shorts are possible for continuation bearish from 4H Supply zones.
Economic Events for the Week