As you see, we saw multiple rejections from 85 level. Note, this is inverted eurusd, this is how American financial system looks and trades EUR, in dollar value. This should be kept in mind. You will not understand what is going with EURUSD on until you see that USDEUR simply hit 85. I did quite a few trades to and off 85. It has to be decisive breakout candle...
Hi Guys, let’s make a full top-down analysis of this pair, we will take the trade if all the condition of the strategies are satisfied. Press like button to support this video and let me know in the comment section if you have any questions
Now, we are at an inflection point looking at the chart. You can see that it has broken down from the 1.19 support level. Tonight closing will determine if this is a false breakdown trapping the early bears OR it will break out from the support turn resistance level and shoot up higher. Conversely, the DXY chart also mirrors the same pattern as well. You can see...
EURUSD still shows an incomplete sequence from September 1 peak and has scope for further downside. Decline from September 1 peak is unfolding as a double three Elliott Wave structure. Down from September 1 peak, wave (W) ended at 1.1611 and wave (X) bounce ended at 1.188. Wave (Y) is currently in progress as a another double three in lesser degree. Down from...
It is not time to place buy or sell orders right now this could be the end of the bullish run. This pair and its twin sister, USDCHF are on my watch list. A break above 1.1900 could be a start of another leg up but if price reverses I will quickly place sell order on the pair and buy its twin sister. I will be watching this closesly.
If the breakout is indeed false, we will go short and take profit at 1.09693. Also, at that point (1.09693) we will look for bullish reversals to go long and take profit around 1.12141 (as indicated on the chart).
The EURUSD should pull back to 1.1020 and maybe 1.0850. Good luck
Hey Traders, Here is the levels map for EURUSD, taken from CME and Central Banks 1- We have Daily/Weekly Range based on ATR% 2- We have CME option levels till December 13th with Max OI 3- We have margin zones for bullish impulse! Look at the price action! This levels have 80% probability of given good impulse! Good luck :)
Whatever. I just want to short because I'm so bored.
looks like a proper h&s set up. looks like we are yet to see fresh lows...
Alright before I give you guys my trade setup, as well as exits and entries. I really want to point out the fact that a lot of these TOP traders are absolutely horrible, especially the ones that only indulge on the crypto hype! If you look at there profiles and go through their history they almost always get trades wrong! Now I recommend you guys go through my...
Which triangles are real? Channel and red triangle do not touch But the blue triangle says it touches
EURUSD 4h Short TP1: 1.15441 TP2: 1.15058 TP3: 1.14869 This is not investment advice Obviously I do not use sl , adjust according to your own account.
EURCHF has hit a price reversal zone. (blue box). we will see it rise back up. ultimately if it passes and stays above 1.18500 we will then see it go up to 1.20 area