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EURO-USD

EUR/USD-->The most lovely but WTF Hey traders , I'ts ironic how many times this currency pair burned me, but when i see one of my firstly post here it was the reversal H&S in the Daily and Weekly time frame in Euro/Usd , I feel justified. So, lets go straight to our chart, we Trend is obviously Down, the important rule of "We don't trade against the main trend" Its correct and this is an example of what trading scenario(plan) you have to apply in this cases.Therefore, we are looking for best entry that could be in the yellow levels that you can see clearly in the chart. In addition, the bearish pressure that forced the price to smash the support (strong) level its visual with a clear eyes. If you go back in the chart you can find many -Point A- like the nice open blue that I have drawn for you. From the price action analysis resulting that the price may reach the previous support (now became resistance) and go even more further. Thus, we are looking to take short strategy in order to take profit the stop losses and take profits levels will be adapted but the main idea is this that I mentioned above. The reason that we don't trade against in main trend you will find out why if you join in to this trade. I will try if you want to read me, to put some indicators in the cases that we need the past data to analyse and confirm our trading moves but not for now. If you agree give me Like to motivate me. My name is John Vasilopoulos Instagram: john_vasilo Thank you .
Short
by UnknownUnicorn3549910
1
EURUSD shortLooking at potential sell towards key levels marked out by green horizontal lines. due to economic news this trade can have a major impulse which may allow this set up to come into fruition faster than expected. this is a trade i will be watching closely over the next trading week and be hoping to see the price break down, retest and then create an entry zone for me to execute. lets see how the week ahead is going to look... Lets make sure we secure the bag this week because Everyday is Money Day! Instagram : Vellly Business instagram : Learnitempire Youtube Channel : Learnitempire
by LitCap-Vell
EURUSD ReversalBubble for timing is a test that will take some huge time to confirm lol Either way, point is looks like eurusd could turn up here. Iif we do, we''re still inside that huge downtrend. So breaking it it's a different story, but at least expecting it to bounce here. This is some huge time frame, mostly for study and keep things in perspective/be used as reference. Not for day trading obviously Funny how eurusd was on a huge bulltrend since 2002 when notes started circulating and with 2008 stuff EUR got hit with the European debt crisis. muricah wanted that dollar power. Things apparently look better to europe rn. Pretty dope to see this dollar vs euro, us vs europe stuff going on
Long
by AkadoSang
EURUSD - Sell PreparationHey! During the downtrend - nice and clean lower highs & lower lows - we should get a nice sell setup. I put this idea post a bit earlier and hopefully, You have some time to prepare for it. Sell criteria which all should act as resistances: 1. Previous resistance, March high 2. The round number 1.14000 3. The trendline from 2018 Sept. 4. Different Fibonacci retracement levels 5. Daily EMA's around the blue box 6*. As always, to get more secure entry, You have to wait for a bearish candlestick formation on the marked area. Do not forget to support my idea post by hitting the "LIKE button! Thank You! Have a nice day, Cheers! *This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Short
by VaidoVeek
EURUSD A SELL ON THE CARDS TO 1.12500 CAUTION! AWAIT DAILY CLOSEGood evening from the UK. Now what do I see? We have had the perfect downward trend channel. This analysis is part 2 of the first article written 7 days ago. (see link below.) My inner trend line was touch to the T! with a nice rejection on the 4H timeframe. With Dollar index gaining strength and the Euro looking week could we see another swing low the the downside? First target would be 1.12500 psychological key level if i see reversal signs at this level It could be a beginning of an inverse head and shoulder level to the upside. If this key level is broken my monthly resistance will be approached thick and fast heading towards the bottom trend line. GUYS! its all dependant on Todays closure in all honesty. This can also be seen as a 4th Trendline and burst out to the upside. Any daily closures above 1.13650 a break to 1.14200 is lurking. WAIT FOR CONFIRMATION! PROFESSIONAL ANALYSTS THEN THERES TRADERS WITH PROFESSIONAL ENTRIES.
Short
by Travis_duncz