EURUSD Trading Opportunity! BUY!
My dear friends,
Please, find my technical outlook for EURUSD below:
The instrument tests an important psychological level 1.0717
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.0787
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
EURUSD-2
EURUSDHello Traders! 👋
What are your thoughts on EURUSD?
After breaking the trendline and support zone, this currency pair is now consolidating below the broken area. It’s expected that, after some fluctuations, it will continue to decline toward the specified support levels.
Don’t forget to like and share your thoughts in the comments! ❤️
EURUSD Is Very Bearish! Sell!
Please, check our technical outlook for EURUSD.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 1.071.
Taking into consideration the structure & trend analysis, I believe that the market will reach 1.059 level soon.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Like and subscribe and comment my ideas if you enjoy them!
Practical Application of Order Blocks in Trading🔸In trading, especially in the context of institutional and supply-demand-based strategies, order blocks, imbalances, breakers, and entry points are all critical elements for spotting potential high-probability trade setups. Here’s a breakdown of each:
1. Order Blocks
🔸Definition: Order blocks are areas where large institutional orders (by banks, funds, etc.) are believed to have been placed, often leading to sharp price movements. These typically form after a period of consolidation, when a large entity enters the market to create momentum in a particular direction.
Types:
▪️Bullish Order Block: An area where institutions have placed buy orders, resulting in an upward price move. It’s generally identified by a down candle (in a bullish trend) before a strong upward move.
▪️Bearish Order Block: An area with concentrated sell orders, leading to a strong price decline. It’s marked by an up candle (in a bearish trend) before a sharp downward move.
▪️Use in Trading: Traders look for price to return to these areas as potential entry points, expecting the area to act as support (for bullish order blocks) or resistance (for bearish order blocks).
2. Imbalances
🔸Definition: Imbalances (also called Fair Value Gaps or FVG) occur when there is a strong price movement in one direction, leaving a "gap" in liquidity. ▪️IThis happens when there’s more demand or supply than what the current orders can fulfill, leading to a price spike.
▪️Identification: Look for consecutive candles moving in the same direction without much overlap in their wicks. This often leaves a gap between the high of one candle and the low of the next.
▪️Use in Trading: Since price often "rebalances" itself, traders may expect price to return to this area before continuing its trend, using it as a potential point for entries in the direction of the larger trend.
3. Breakers
🔸Definition: A breaker is a failed attempt at reversing a trend, usually involving a break of structure that indicates a reversal but then fails, with price moving back in the original trend's direction.
Types:
▪️Bullish Breaker: When a downtrend is invalidated, but instead of continuing downwards, price reverses back up. The previous support level that price broke and closed below may now act as a support zone.
▪️Bearish Breaker: When an uptrend is invalidated, but price moves back down, often causing previous resistance to act as resistance again.
▪️Use in Trading: Breakers are often used to identify failed reversals where traders might enter in the direction of the initial trend, as these zones tend to have strong support or resistance.
4. Bullish and Bearish Breakers in Trading
Bullish Breaker:
▪️A level created after a failed bearish structure, turning into support as the price breaks upward.
Look for confirmation of price moving above this level, with entry points often at or just above the zone.
Bearish Breaker:
▪️A level created after a failed bullish attempt, creating a resistance zone as price breaks lower.
Traders enter trades when price retests this breaker level and shows signs of rejection.
5. When to Enter Trades
▪️Order Block Entry: Look for price to return to an order block zone (after creating it), confirming it as a valid area of support or resistance. Confirmation methods include candlestick patterns or lower timeframe support/resistance creation.
▪️Imbalance Entry: Price may "fill" imbalances, and traders can look to enter as price retraces to this level with signs of rejection or confirmation. Watch for candles rejecting at the edge of the imbalance zone.
▪️Breaker Entry: Wait for price to test the breaker zone and show signs of rejection, typically with a smaller time-frame entry trigger (like a lower high or low in structure).
▪️Risk Management: When entering trades based on these points, place stops beyond the zone or recent high/low, and target areas of the next significant support/resistance or opposite liquidity pools.
6. Tips for Effective Use
🔸Multi-Timeframe Analysis: Check higher timeframe levels for stronger order blocks or breakers and use lower timeframes to refine entry.
🔸Wait for Confirmation: Often, a test of these areas with a reversal candlestick pattern (like a pin bar or engulfing candle) on a lower timeframe will provide better entries than immediately entering.
🔸Volume Confirmation: Higher volume in these areas can suggest more institutional interest and improve the chance of a successful trade.
🔸Mastering these concepts involves observing how price interacts with these levels across different market conditions, which enhances accuracy over time.
EURUSD Testing Strong Support ZONE Near 1.0700EURUSD Testing Strong support zone near 1.0700
EURUSD is currently testing strong support zone near 1.0680:1.0700.
This area seems poised to push the price up again in the coming days making it a potential shortterm trade opportunity.
The US will release the consumer price index CPI data on wednesday so the market is likely to speculate again .
The US consumer price index YOY For October is expectedto be 2.6 percentage vs 2.4 percentage the previous month.
Energy YOY for October is expected to remain 3.3 percentage.
You mayfind more details in the chart thankyou and Good luck
Euro can decline to support level and then continue to move upHello traders, I want share with you my opinion about Euro. By observing the chart, we can see that the price some time ago rebounded from the resistance line of the wedge and fell to the support line, which coincided with the resistance level and started to grow. In a short time, EUR rose to the resistance line and then started to decline, thereby exiting from the wedge. Price continued to decline inside the downward channel, where it broke the 1.1000 level, which coincided with the seller zone and reached the support line, but at once rebounded and made a retest. Then it continued to fall and later reached the 1.0760 support level, which coincided with the buyer zone, after which turned around and bounced to the resistance line. Euro exited from the channel and continued to grow near the resistance line. When the price reached 1.0825 points, it made a downward impulse, thereby breaking the 1.0760 level, but a not long time ago it turned around and rose back. At the moment, the Euro trades near the support level, and in my mind, the price can correct to the support level and then continue to move up. Therefore I set my TP at 1.0900 points. Please share this idea with your friends and click Boost 🚀
EURUSD strategic outlook: BEARS will target 1.0500🔸Hello guys, today let's review H8 price chart for eurusd. Previously
recommended buying low near 1.0650, TP hit +400 pips, congrats
if you followed. you can review original setup via link below.
🔸Range lows defined at 0650 , range highs set at 1050/1100.
This is the active trading range for EURUSD since early 2023 it's
well-defined and it's very unlikely that price will exit this range
any time soon (not until 2026).
🔸Currently we got a strong rejection near range highs at 1100
and this resistance is too strong for the bulls to break atm,
price was already rejected multiple times from this level.
there are no bullish catalysts in euro zone to break 1.10/1.11 S/R.
🔸Recommended strategy position traders: bears focus on short selling rips/rallies, targeting range lows at 0500/0550. Bears will take over from
here, so there is no valid setup for bulls on buy side. Keep in mind
that this is a swing trade setup and provided low volatiliy in EURUSD
it may take a while to hit the targets (multiple weeks).
🎁Please hit the like button and
🎁Leave a comment to support our team!
RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Smart Money Market Structure Order Block Trading🔸The principles of "smart money" trading focus on understanding the behavior of institutional investors, often referred to as "smart money," to make informed trading decisions. By analyzing market structure, order blocks, supply and demand zones, and market cycles, traders aim to predict price movements and make profitable trades. Here’s a breakdown of these key concepts and how they interact:
1. Market Structure
Market structure is the fundamental flow of price movement, typically defined by highs and lows that indicate trends. The market can be seen in three primary states:
▪️Uptrend: Characterized by higher highs (HH) and higher lows (HL).
▪️Downtrend: Defined by lower highs (LH) and lower lows (LL).
▪️Consolidation (Range-bound): Prices oscillate between a support (demand) and resistance (supply) level.
▪️Understanding market structure helps traders identify when a market is trending or ranging, which is essential for timing entries and exits.
2. Order Blocks
Order blocks are areas on a price chart where large institutional traders, like banks and hedge funds, execute significant orders. These blocks often indicate strong levels of support or resistance due to the substantial buying or selling activity.
▪️Bullish Order Block: Typically found before a strong upward move. It's the last bearish (down) candle before the price rallies, signaling a demand zone.
▪️Bearish Order Block: Typically found before a strong downward move. It's the last bullish (up) candle before the price drops, indicating a supply zone.
▪️Order blocks provide clues to where "smart money" has entered the market, suggesting areas where price may return for liquidity and where retail traders may find good entry points.
3. Supply and Demand Zones
Supply and demand zones are similar to support and resistance levels but with a focus on identifying imbalances. They represent areas where supply (sellers) and demand (buyers) are significantly unbalanced:
▪️Demand Zone: A price range where buyers are strong enough to prevent further price drops. This often corresponds to an area of support.
▪️Supply Zone: A price range where sellers have historically stepped in to prevent further price increases, serving as resistance.
▪️Prices often revert to these zones due to liquidity needs, creating entry points for trend continuations or reversals.
4. Lower Highs (LH) and Higher Lows (HL)
These are essential markers in identifying trend changes:
▪️Lower Highs (LH): In a downtrend, the price fails to reach a previous high, indicating seller dominance and potential continuation of the downtrend.
▪️Higher Lows (HL): In an uptrend, the price creates higher lows, suggesting that buyers are gradually gaining strength, signaling a continuation of the uptrend.
These structural points help traders understand potential trend reversals or continuations.
5. Accumulation and Distribution Phases
These phases are critical to the Wyckoff Market Cycle:
▪️Accumulation: This phase represents a period where "smart money" accumulates positions at low prices. It typically occurs after a downtrend and is characterized by a consolidation or sideways price movement. This phase often signals a future uptrend.
▪️Distribution: This is the phase where institutional players offload positions after a significant price increase. Like accumulation, distribution appears as consolidation, often preceding a downtrend.
▪️Accumulation and distribution are often analyzed using volume patterns and price action to gauge when a trend may begin or end.
6. Market Cycles (The Wyckoff Theory)
Market cycles are a sequence of phases that price undergoes over time. According to Wyckoff’s methodology, there are four phases:
▪️Accumulation: Institutions build positions, often at a market bottom.
▪️Markup: After accumulation, the price starts to increase as demand outstrips supply.
▪️Distribution: Institutions sell off their positions, often at the top of the cycle.
▪️Markdown: Price declines as supply overwhelms demand, leading to a downtrend.
▪️Understanding these phases allows traders to anticipate potential turning points, which is critical in smart money trading.
Applying These Principles in Trading
The smart money trading approach uses these principles collectively:
🔸Identify Market Structure: Determine whether the market is trending or ranging, then identify order blocks, supply and demand zones, and significant highs and lows.
🔸Recognize Key Levels: Watch for accumulation and distribution phases at these levels, helping to anticipate likely future movements.
🔸Confirm with Volume: Use volume analysis to confirm accumulation or distribution activity.
🔸Set Entries and Exits at Smart Money Zones: Utilize identified order blocks and supply/demand zones to enter trades with the trend (markup or markdown) or exit before a reversal.
🔸By combining these elements, traders seek to align with the strategies of institutional investors, capturing trends early and minimizing exposure during less favorable periods.
eurusd setup, will it go up?eurusd will it go up?
we will see, this is my setup fpr it,
a bit correction downwards the jump up again, lets see, after us election im not sure about anything, it can go 1.02 or 1.12, only the market knows, we just need to follow it,
keep safe and do ur own research, keep ur trading safe.
EUR/USD November Forecast: Fed Pressure and Market VolatilityThe EUR/USD pair is experiencing significant volatility in the forex market, currently trading around 1.0719. This volatility is influenced by both U.S. and European economic and political factors.
In November, the EUR/USD pair may face pressure from both the Federal Reserve and the European Central Bank (ECB) policies. Fed officials have hinted at maintaining higher interest rates if inflation persists, which could strengthen the USD and potentially weaken the EUR/USD pair, especially if the Fed tightens monetary policy further.
Technical analysis suggests a potential mild recovery for the EUR/USD pair, with the pair having rebounded from a recent low of 1.0517. However, resistance levels between 1.077 and 1.088 may limit further upward movement. If the pair maintains momentum and breaks key support levels, it could potentially reach higher levels. Nevertheless, U.S. election-related volatility may introduce short-term instability to the market.
EURUSD: Bearish Momentum with Key Levels to WatchEURUSD is currently trading around 1.0717, after a notable drop from recent highs. The chart indicates a potential retracement towards a resistance zone around 1.0756 - 1.0783 (highlighted in black), where sellers could re-enter the market.
If EURUSD fails to break above this resistance, we could see further downward momentum, with a key support level around 1.0687. A break below this support could signal a continuation of the bearish trend, potentially pushing EURUSD lower.
EUR/USD Continues to Face Downward PressureToday, the EUR/USD pair has seen significant volatility, with the euro continuing to face pressure due to the strength of the US dollar. The USD remains on an upward trend, fueled by expectations that the Federal Reserve will maintain high interest rates to curb inflation, especially after recent comments from Fed officials. Concerns about the global economic outlook and political instability in Europe are also contributing to downward pressure on the euro.
From a technical perspective, the EUR/USD has dropped below the key support level at 1.0708, opening the door to a potential test of the previous resistance at 1.0829. However, if the pair fails to break through this resistance and faces further challenges at 1.0930, there is a real possibility that EUR/USD could break through the 1.0708 support level and continue its downward movement.
Macroeconomic factors, including key economic reports from both the Eurozone and the US this week, will continue to have a significant impact on the short-term volatility of EUR/USD. In summary, the EUR/USD pair remains under downward pressure, but monitoring both macroeconomic signals and technical indicators will be crucial in determining the next market direction.
EURUSD Analysis: Potential Bearish Reversal AheadEURUSD is currently trading around 1.078, moving within an upward channel. However, recent price action suggests a possible trend reversal. The chart shows signs of weakening momentum, and a break below the channel could lead to a further decline.
If the price breaks the lower trendline support, it could open the path toward 1.073 and potentially lower levels. Traders should watch for confirmation of a breakout below the support level, as this could signal a shift to a bearish trend.
For now, the bias leans bearish, with caution advised on potential entry points near the channel's lower boundary.
EURUSD has a strong selling pressure - clear signs of discountThe EUR/USD pair dropped to nearly 1,0780 in the context of the demand for US dollars increased again on Friday during Asian trading hours. In addition, the proposal to increase tax by Donald Trump put pressure on Euro compared to the US dollar.
Ben personally predicts that, without unexpected breakthroughs, EURUSD will likely turn to an important support area of 1,0720 - 1,0740. In addition, technical indicators are not very satisfactory when the EMA 34 and EMA 89 are creating additional resistance right above the current price, increasing the pressure to decrease for Eurusd. With this situation, the market is more likely to have an EURUSD will have a deeper decline.
EURUSD On The Rise! BUY!
My dear friends,
EURUSD looks like it will make a good move, and here are the details:
The market is trading on 1.0720 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 1.0793
Recommended Stop Loss - 1.0687
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
EURUSD giving a buy signal on amazing symmetry.EURUSD is under heavy selling pressure since the elections result.
Still, today's 1day candle is the 3rd in a row that doesn't cross Support A.
As you can see the pair displays an uncanny symmetry, having respected all symmetrical Resistance and Support levels since the Double Top of September 25th.
This is a buy signal that is aiming at 1.09000 (June 4th High).
Previous chart:
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VIX GOING BACK UPAfter two false routes (the two white lines), we know for sure that VIX is to go up at some point to make up for the gap it made this week.
The only thing is we thought today's opening would be a higher gap compensating the precedent gap, but it kept getting lower and lower.
Now that we're approaching a low KL, there might be a new opportunity for a long entry, stay advised and always put a tight SL on this.
Republicans Retake Senate, EURUSD Holds at Critical ResistanceFxNew s—The October 23 low at 1.076 is the immediate resistance. The EUR/USD price is likely to exceed this level.
If this scenario unfolds, the consolidation phase could extend to the 50% Fibonacci retracement level, backed by the bearish fair value gap area.
This level provides a decent opportunity to join the bear market. Therefore, traders and investors should closely monitor the resistance area that expands from 1.081 to 1.084, backed by the 100-SMA, for bearish signals.