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Eurusd4h

EURUSD| MORNING OUTLOOK Good morning Traders, As we can see we have reversed and showing bearish signs, yet we are also seeing exhaustion suggesting to me price action may potentially push up after forming a descending channel that may play out out to the upside indicated by the single black trend line and green directional arrow. My area of interest has been highlighted if we get strong bearish continuation into this area i.e large bear candles showing momentum to the downside, this will confirm the early stages of our trend down, if we reject around this area we may potentially be in the early stages of a range. but as always I will wait for price action to confirm and I will react to it, what are your thoughts do you agree or not? Thank you.
by NK008
EURUSD| will we continue up & ( A HOLD YOUR NOSE TRADE)Evening Traders, AS Previously shared i was looking at a Buy order set at the highlighted area, Price action indicated to me it was in a low momentum corrective phase and gave me further confidence to set my order and wait, the trade hit my entry at 13:00pm and pushed up as you can see, another precision entry despite price action becoming very aggressive. What I see now, he upper highlighted area is my area of current interest, will price action show me we are still in the uptrend move and give me a potential scale in, is what i will be looking to do. alternatively I will also be looking to see how price action responds to the highlighted area if we get a strong smash through, i will then be looking for a potential sell set up, given if price action confirms it. do you agree let me now your thoughts.
by NK008
EURUSD| potential Buy opportunityAfternoon Trader, As we can see we have had weakness from the dollar, price action has been pushing up very well in favour of the euro, I've highlighted my area of interest ideal if we have a push down into this area i will be looking for an entry long as illustrated, given if price action confirms the entry. Alternatively, we may get a break of the lower highlighted area, if we have a strong bearish break and continuation I will be flipping my bias for a potential short. let me know your thoughts, thank you.
Long
by NK008
EURUSD| GO LONG OR GO SHORTGood morning Traders, price action is proving resilient and is suggesting it may create a deeper channel, will it complete the channel and push out with a strong bearish close or will it just continue ascending upwards, is the main question I will be asking. In my view of price action, I see further upside because we still have some buying power within the markets, until we have a real sell off and push away, I have highlighted areas of interest but we just may continue in this corrective range. nonetheless I will be waiting for price action to confirm. let me know your thoughts.
by NK008
2
EUR/USD Uptrend 4h chartOn the 4h chart, we can see a nice uptrend. We could possibly follow the trend to get some value back to the EUR with the current update of the GDP of the Eurozone which gained +0.1%. Due to me being bearish in the long run, I suggest if we can break the uptrend and see with price action going bearish, we might see another dump for EUR. Let's see how this goes and if we break the trend. ----------------------------- Thank you for inspecting my idea I'm happy to receive any kind of feedback
by Sandro_S
1
Trading Pathways Analysis of EURUSD H4 Chart The outlined white arrow pathway is the predicted pathway that the EURUSD will follow in the coming days or weeks. Using my unique charting methods, I have been able to arrive at HIGH PROBABILITY turning points where EURUSD will turn. This pair has exhausted our last prediction in one straight run instead of multiple zigzag. Going forward, it is going to reverse into a Bullish position. I will update this with an exit point some time during the week or next week but I do not see this reversal going up too far. PLEASE NOTE THE ABOVE ANALYSIS IS FOR EDUCATIONAL PURPOSES ONLY. THEY ARE NOT DIRECT INSTRUCTIONS TO TRADE AND ANY LOSS INCURRED BY FOLLOWING THIS ANALYSIS IS AT YOUR OWN RISK. Eiseprod of Trading Pathways
Long
by Trading-Swing-Pathways