Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 1,1046, which is pullback support close to 61.8% Fibo retracement. Our take profit will be at 1.1097, an overlap resistance. The stop loss will be placed at 1.0992, which is the pullback support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a...
I was bearish EURUSD yesterday following Wednesday's down move. EURUSD pulled back to 1.1138 strong level, in confluence with the PZ and sold down perfectly to the price target and bounced. Did not hit my sell limit but if you followed the PZ, it would be a profitable trade. What's next for today? TBH, daily price action looks very much bearish. And DXY looks very...
this is not to Advice but just Imagine I think we can go to retest Support and then mybe Euro Watterfall
The Fiber (EUR/USD) is rising towards the pivot which acts as a pullback resistance and could reverse to the 50% Fibonacci support. Pivot: 1.1105 1st Support: 1.1035 1st Resistance: 1.1153 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
According to Elliot wave theories, Impulsive phase is made up of 5 waves. We are currently in the 4th wave and looking to catch the final wave. Trade Idea: -Watch the rejection of our buy zone. -Look for any reversal pattern or model like trendline break or break of structure Will update later once we reach our area if interest.
My dear friends, Please, find my technical outlook for EURUSD below: The price is coiling around a solid key level - 1.1092 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.1122 About Used Indicators: The pivot point itself is...
We got a CHoCH, so expecting a pullback testing the POI and we sell from there, the price anticipation is there, then from there, we buy accordingly with the help of the BOS + OB + FVG #NotInvestmentIdea open to your thoughts and ideas and corrections
The euro has extended its decline on Thursday. In the European session, EUR/USD is trading at 1.1095 at the time of writing, down 0.22% on the day. The US dollar has rebounded against the euro this week, climbing 0.89%. Inflation is expected to ease in Germany and the eurozone, which could have significant impact on the European Central Bank rate announcement on...
So we pushing 1.11ich out of game and might just keep pushing down into my green box where is some untapped PLUS OB waiting, lets see what kind of reaction it gives us, but it could go much more down, its beginning of retracement, let see, im on scalping mode only. ill keep you updated if i see somekiind of move
EUR/USD Falls Below 1.11 Support On 26 August, we discussed the potential for a pullback after the rally to 1.12, noting: → The fluctuations since April formed an ascending channel (indicated in blue, with support points marked by circles), and the price was near its upper boundary, where resistance was likely; → The 1.12 level also showed signs of resistance –...
29th August DXY: Could trade higher, needs to break above 101.20 (61.8%) to retest of 101.60 NZDUSD: Retracing down, look for reaction at 0.6220, Buy 0.6235 SL 25 TP 60 AUDUSD: Buy 0.6815 SL 20 TP 40 GBPUSD: Could trade up to 1.33, look for reaction at the strong resistance level. EURUSD: Sell 1.1085 SL 40 TP 85 USDJPY: Sell 144.80 SL 40 TP 140 USDCHF:...
Pair Name : EUR/USD Time Frame : 4hrs Chart / Close Scale Type : Large Scale ------ spreading knowledge among us and to clarify the most importan+t points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money Key Technical / Direction ( Short ) Type : Mid Term Swing ——————————— Bearish Break 1.10900 Area Reasons...
In todays session we are monitoring DXY for a strong buy. Our entry is at 101.033 targtes are 101.900 and stops below 100.679. Use proper risk management.
After a retracement to the 0.5 Fibonacci level, we are looking for a continuation of the downtrend on the EUR/USD pair. The target is to reach the 1.11000 area, where potential support may emerge. This trade is set on a 5-minute timeframe, aiming to capitalize on short-term bearish momentum. Key Levels: • Entry: Positioned after the retrace to the 0.5 Fibonacci...
EUR/USD trimmed recent gains on Wednesday, sliding lower after hitting new highs for the year as expectations of a rate cut by the Federal Reserve (Fed) in September keep risk appetite in the broad market under a ceiling. There is little of interest on the economic calendar for the middle of the trading week, but Thursday will see the release of US Gross Domestic...
EUR/USD is rising towards the resistance level which is an overlap resistance that aligns with the 50% Fibonacci retracement and could reverse from this level to our take profit. Entry: 1.1150 Why we like it: There is an overlap resistance level which aligns with the 50% Fibonacci retracement. Stop loss: 1.1223 Why we like it: There is a resistance level at the...
EUR/USD is rising towards the resistance level which is an overlap resistance that aligns with the 50% Fibonacci retracement and could reverse from this level to our take profit. Entry: 1.1150 Why we like it: There is an overlap resistance level which aligns with the 50% Fibonacci retracement. Stop loss: 1.1223 Why we like it: There is a resistance level at the...