Description Price has broken above our pivot level at 1.12984 which is in line with 38.2% Fibonacci retracement level and horizontal swing low support . We could potentially see a further rise from here towards 1.13828, which coincides with 127.2% Fibonacci extension level and horizontal swing high resistance. Finally, we can expect price to take support at...
EURUSD is showing a bit of recovery, more like to reverse to the 61.8 FIB Retracement and continue trending downwards as DXY gains strengths. Hard to tell when the dollar recovery will stop, it could be the squeeze
The current trend is uptrend.The blue arrow is expected price movement if reject support zone and red arrow is expected price movement if breakout lower trendline and support zone.
As we can see that in 4h time frame EUR/USD is forming a triangle pattern, we don't know that where will it break after completing it but still we can trade it's D & E legs
Hello traders, I bring you here an interesting view LONG TERM on EUR/USD. In this chart we can see EUR/USD is about to become a long time bear. We have a bearish cross on MAs, Broke an almost 2 year old support trend line and now after retest the trendline a Shooting Star Candle. This trade has big downside potential and for those who love swing trading will...
Como podemos ver el EURUSD rompe la linea de tendencia y hace un re-testeo en ella, Proximo punto alcanzar sera el TP 1.17909.
Hello hello friends We broke triangle in down so we can fall to S/R. Then we can jump back to resistance or we can fall more to support. We need to break resistance for next move to up. Hope it helps. If you want you can write comment what you think :)
trade with >70% probability. BUY@ 1.2248 ; stop-loss @ 1.2212
TRADE #7 Double Top with an Engulfing candle. The price hasn't reached that price level since 16/12/2014. I have shorted this pair already as soon as I had seen the level and prices moving away from the top. Little did I know that when I wake up the market had closed with an engulfing candle. Sold at 1.24992 Stop Loss at 1.25612 My initial target is 1.23209...
Three H&S already, pretty sideway. Take a close attention on now price, might be very determining on where it will go next.
price cmae up to daily ressistance red line on the hour chart it made a double top with an engulfing candle also i see exaggerated divergence taking profit on the 382 wiht a 26 pip stop loss
I think we have here for now the bottom. I'm expecting from here a long move to the previous trend channel.
EURUSD LONG term Support breakout & Trendline rejection