EURO-USD
EURUSD LONG NOW!Dear traders,
So as you can see we expect EURUSD to go long. We think it will go long because the markt is now in a strong daily demand zone. If you look at the chart you will see it is in an uptrend, the uptrend only created demand zones, It will go up to the grey area of supply.
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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 .
Sell stop before corrective wave 3Recently due to the news from EU euro wenr down. Now we can see a corrective Elliote Wave, where wave 1 is already done, wave 2 is in progress, so we have a reason to wait for the wave 3 down. In addition, there will be some news about EU at Monday, so it's highly likely we'll see another strong wave down. I suggest to put a buy stop order under the end of wave 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
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Youtube Channel : Learnitempire
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
EURUSD new bullish market kicking inAs we've seen, the pair couldn't go lower than the historical price 1.1180. At this area, we've seen the pair bouncing multiple times creating an head and shoulders pattern in our 4h chart. The rejection of the support towards the market is giving place to our current shoulder.
We should see the pair climbing up forming new Highs.