Short Video Conclusion On EUR's Retracement ☄️Short Video Conclusion On EUR's Retracement
Video Content:
Dear Viewers, it was one of my first EURUSD video analytics. On TradingView, you can see a verified timestamp of 01 December. You might also remember the original video when I shared the signal.
I'm happy to announce the idea completed its Target Price. Your profit is the difference between these two levels. It's about two and seven percent. With a $100k investment, the trade returned $2700. The price has been consistently following the expected trajectory. So, we can't talk about about any significant drawdown.
I thank you for your attention, and congratulations if you share a similarly profitable vision.
Market Devlelopment:
I still have a bearish vision on EURUSD. I expect yield seeking on USD can pressure the EUR price as down as $1.067. I believe that trendlines in the video are still valid. I wouldn't open a short here, but I'll keep the short I already have extended with a trail profit, which was my stop loss I moved down as the price smoothly followed the expected trajectory. I consider it as a take profit because the trail profit will close the position any moment. However, I can't tell the exact price yet because the bearish outlook persists. It's either +2.7% or more.
Beyond Video:
It is not an investment advice. Do your research. Do not trade if you do not understand.
- Ely
Eurdollar
💵Euro/U.S.Dollar💵Analyze (Short Term, 03/10/2023)!!!Euro /U.S.Dollar reached the top of the descending channel for the third time while it sees the 🔴resistance zone($1.07220-$1.06850)🔴 above.
It also seems that the RSI indicator is forming an Expanding Triangle pattern in the 4-hour time frame.👇
I expect the EUR to break down to the 🟢support zone($1.050-$1.046)🟢(maybe more) based on my analysis of the DXY as well as the high points.👇
🔅Euro/U.S.Dollar Analyze ( EURUSD ), 4-hour Time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
💵Euro/U.S.Dollar💵Analyze (10/03/2022)!!!Euro /U.S.Dollar moved as I expected ✅👇
Now, Euro /U.S.Dollar is running near the middle line of descending channel; at the same time, it was able to make an Evening Star Candlestick Pattern (reversal pattern).
I expect Euro /U.S.Dollar will touch the lower line of descending channel at least.
🔅Euro/U.S.Dollar Analyze ( EURUSD ) Timeframe 4H⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
EURCAD- DAILY CHARTThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: its my view only and its for educational purpose only. only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. we anticipate and get into only big bullish or bearish moves (Impulsive moves).
Just ride the bullish or bearish impulsive move. Learn & Know the Complete Market Cycle.
buy low and sell high concept. buy at cheaper price and sell at expensive price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support....
SHORT EURUSDJust an idea and trade at your own risk.
EURUSD remains bearish on all timeframes and especially after last month closing below past two months.
EURUSD been trading between the descending triangle pattern (yellow lines) on the daily timeframes with failure to break the strong support (demand zone - red highlighted area) around 1.0370-1.0400.
Correction is on way towards the resistance zone (green highlighted area) 1.0520-1.0550 of the upper pattern channel.
A breakout and close below the pattern, will confirm the downtrend continuation to the down channel of the downtrend (white lines) into parity levels.
A break and close above the pattern, will confirm a reversal and possible bullish movement at least towards 1.08 area.
EURUSD Forecast If you haven`t shorted here, when i gave you this signal:
Then you should know that as long as the war continues and the sanctions to Russia, we will see a weaker Euro and a stronger Dollar.
EUR/USD is the most actively traded currency pair in the world.
The European Union rely on Russia for almost 38% of their imported natural gas .
Germany gets about 50% of its natural gas and coal from Russia, and a third of its oil .
German economy was by far the largest in Europe!
Growth in Europe is still slow, there are concerns also about energy supply and increasing inflation at the same time.
Next target for EURUSD is 1.035
Looking forward to read your opinion about it.
EURUSD forecast EUR/USD is the most actively traded currency pair in the world.
The European Union rely on Russia for almost 38% of their imported natural gas.
Germany gets about 50% of its natural gas and coal from Russia, and a third of its oil.
German economy was by far the largest in Europe!
My price target for the EURUSD pair is 1.073 and even 1.051 if the energy crisis intensifies.
EUR/CAD LongA nice low risk high reward trade of 1 200 pips. The EURO is expected to gain strenght after the shift in the monetory policy stance announced by the ECB. CAD hike expectations by the markets are over priced so we will se some unwinding. we expect the market to start the impulse upwards.
EURUSD EURUSD was in a rough correction for the last 37 days ( 20 jun to 27) , forming a descending channel. now the price broken the channel creating a new higher highs. this may become the beginning of the impulsive phase after more than one month of correction. also, there is a possibility that the price may fall down to create a double bottom in HTF, because there is a a price action gap present still!
EUR/USD - Bullish ScenarioAs is stands i am expecting the DXY to go down (See previous post) which means we will be looking for XXX/USD Longs. Here we have EUR/USD which is at a AOI for me, its forming a falling wedge along with the DXY forming a rising wedge giving good indications that we could see a reversal soon. I have marked out 2 Long scenarios here.
Risk entry will be the 3rd touch of the bottom trend line
Safe entry is break and re test of the falling wedge
Lets see what next week brings! :)