EURUSD Trading without indicatorsThe market is very heavily overbought, I believe that it's time to drop all buyers. Those who trade through technical analysis will only see a trend upward!
Eurusd4h
EURUSD Ideas I'm thinking of
1) I took a short postion to the 61.8 level as target.
2) If I got stopped at the 1.095* level I'd go long with a 60pips target which is around the next Resistance level just above the 1.618 level
3) If the first is a winner I'm gonna wait for a retest to see if the trend is going to continue or not. If not I'll go with plan no.(2)
4) If there is no retest and it goes downwards I'll wait for a breakout below the support level before entering short, targeting at the 1.072*
One Blind Bat! EURUSD 4HRThis pattern completed about 4 days ago and there is NO momentum relative to the USD. I don't believe that changes near term with the certain/uncertainty relative to the "political turmoil" of the first world the Greenback represents. SMH!
POTENTIAL for a 38.2 retracement of the CD Leg is notable. Anything more would be like expecting to feast on a hot off the grill McRib in the summer time. Update imminent.
EURUSD 240 The Devils Gartley?Greetings,
On the chart you see two overlapping gartley patterns of which point D would be at 1.0666,
a perfect number for a short. The chart counts two invisible pitchfork tools of which I have only left the intersecting trendlines at D.
These pitchfork trendlines are the dotted blue and dotted purple lines. If requested I will post the chart with the pitchforks visible.
The horizontal dashed line speaks for itself, it obviously plays the role of a solid support & resistance line.
The grey line crossing B has touched the bottom of 2017-01-03 at 1.0340, price has been dancing around it as you can see.
Then there is the last trendline, the orange one. I drew this one as last and found it had been respected several times in the full past year.
As a first target you could pick the 61.8% fibonacci level of CD at which a flag was formed last friday, although you could take full profit as the risk - reward ratio is splendid.
I would also like to note that if you draw a harmonic pattern from the highest point in this chart, which is 1.0828, and use 1.0666 as B it will show you a potential bat pattern.
Thanks for stopping by and happy trading!
EURUSD : Looking For Entry?Anyone interested?
A few pips left to enter into the zone.
Anyway Daily CS look so strong bullish one, but the zone could give a short retracement before continue the move. Trade at your own RIsk. Happy Trading.
I will look for short soon... good luck
EUR USD 15M CHART - SHORT TERM !!Take Entry @ 1.07050
Take Profit @ 1.0660
Stop Loss @ 1.06500
Best of Luck !!
EURUSD : AVOID LONG POSITIONI believe, EU is looking for 423.6 to complete bearish move.
I will find BUY position in that area... but NOT NOW.
100 pips to go...
EURUSD 1DEURUSD 1D
Resistance:1.066000 - 1071000 -1073000 -1076000 -1.081000
Support: 1.058000 - 1.046000
This is not investment advice
EURUSD NFP POSITIVE TAKING CONTROL NEXT WEEK ?!THIS IS MY ANALYZE ON EURUSD SHORT TERM AND LONG ONE !
AFTER NFP RESULT AND UNEMPLOYMENT RATE THE PRICE DIDN'T MADE A BIG MOVE LIKE IT WAS SUPPOSED TO SO IN THE CHART WE SEE BREAK OUT AND RETEST AND ALSO HEAD AND SHOULDER FORMATION SO I AM GOING SHORT ON THIS ONE ... TRADE WITH CARE AND RISK MANAGEMENT
EURUSD SHORT with LONG Option 4hr Simple price action trade.
A Bounce off the Daily trendline, continuing the downtrend with a safety option for a long if price decides to break out of the daily downtrend.
Short entry just below the Daily trendline 1.06838
Long entry just above the previous swing high 1.07800
Waiting on another possible retest of the Daily trendline before short entry.
(EURUSD) - 4hr - SpeculationWe are longing this pair based on :
- Divergence in RSI 4hr time frame
- Broken trendline
- Close to Major Weekly support
- Close to Channel support
EURUSD ForecastEURUSD is still well and truly bearish after negative ECB news, causing a breakout through the support (now turned Resistance) level.
Price is currently trying to break even lower from the local trendline , which would see EURUSD head towards the bottom of the long-term Major Trendline. From there we expect a bounce back towards Resistance before falling towards Major Support at Potential Reversal Zone 2.
Trading Ideas:
Short EURUSD
Trade trendline breakout
eurusd is going to be bullish on next weekmine opinion will be bullish on next week if it can't break the 1.121 price level
EURUSD posible correccion??AL parecer sufrio rechazoss de la tendencia alcista , pareciera ser que existen dos patrones armonicos formados, y el RSI en sobrecompra, las entradas bajistas estarian validas solo si el precio consolida por debajo de los 1.13 y con una rotura a la baja del RSI acompanado de algun patron candlestick ....
