DeGRAM | EURUSD trend continuation opportunityEURUSD broke out of consolidation zone and reached a major resistance/psychological level at 1.1000.
Price action is printing HHs and HLs, indicating a bullish trend .
The daily timeframe suggests that the price could fall to the psychological level of 1.1000 and continue trending north.
We anticipate a classic breakout pullback continuation trade opportunity.
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Eurusdanalysis
EURUSD Gonna ShortEURUSD created Bullish Butterfly to such mega move; But now in weekly pattern created a hidden bearish divergence with fibonacchi 0.786(Supply Zone) & rising wages. So need a correction.
Today ECB meeting; 50BPS anticipated and already price in. So there is another opportunity to weak EUR from this point. Tomorrow Dollar NFP data will publish; US labour market performing well. So another good data anticipated from US.
AW Euro Dollar - Short Trade Ahead of the NFPs...Don't worry about the target yet, let's see it this idea holds.
Price needs to stay below resistance in order for the Wave C down idea to prevail.
Stop: 1.09140
Target: TBA
Check out the video for this analysis below in related ideas.
Understanding the waves is more important than knowing that news causes volatility.
I guess we will find out if this is true shortly.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
AW Euro Dollar Analysis - Live Analysis Ahead of NFPs...In this video I discuss the current price action and explain why this correction bounced the way it did.
I share my thoughts along the way and make sense of all waves in question.
The NFPs may see the Euro plummet from this point.
If you are short, then your stop should be at 1.09138.
See related ideas below.
Hope this helps.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
DeGRAM | EURUSD in consolidation EURUSD is trading in a consolidation zone.
The market broke and closed above the trendline, indicating that the bearish pullback has ended.
We expect a retest of the major resistance since the market is in a bullish trend, or we anticipate further consolidation until price action shows us otherwise.
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AW Euro Dollar Analysis - Wave C In Progress...1.09142 continues to provide resistance for this Wave C short trade.
We had a minor pull back for Wave 2 which looks complete.
Good place to add to shorts as we prepare for a move down to the 1.04802 area.
I expected the FED to weaken the Euro in the short-term in Wave 4.
After that I expected the Euro to back up to complete Wave 5 since September before it corrects in Wave 2.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
EURUSD - CURRENT SENTIMENT ANALYSE , DXY #EURUSD
- As of last day, the MARKET SENTIMENT for EUR was slightly UP SIDE. The main reason for that is that the dollar is starting to weaken quite a bit. This time after the FOMC, the dollar became even more WEAK. Due to MARKET RISK ON, all MARKETS including STOCKS and COMMODITIES are going up a bit now. Stay tuned for FED UPDATES and US DATA.
- Definitely, according to the market structure, EURUSD can go down to the support level of 1.0763 below. At the moment, there is quite a DOWN SIDE BIAS in the MARKET for EUR.
- After that EURUSD can go UP until 1.1200 LEVEL. If the MARKET SENTIMENT changes and STOCKS and COMMODITIES start going UP, there will be more EURUSD BUY. So keep an eye on it.
DeGRAM | EURUSD short opportunityEURUSD broke out of consolidation zone.
Price fell from a strong resistance level of 1.08500, and the price action is printing LHs and LLs, indicating a bearish trend .
The daily timeframe suggests that the price could fall to the 1.07000 support level .
We anticipate a bearish move; all confluences indicate that the price may fall.
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AW Euro Dollar Analysis - Support Broken, Wave C In Progress...During my last few videos, I have consistently mentioned that if we break this support at 1.08376 then Wave C has started.
Well Wave C has started and according to the larger degree analysis we are falling within Wave 4, and I expect this move to continue lower.
Price should fall down towards 1.04802.
As long as Wave C is in progress there is no reason to expect a bounce back to the highs.
Even during high volatility news, I believe it will continue to unfold as expected either during or after.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
EURUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
AW Euro Dollar Analysis - If Support Keeps Holding...If support continues to hold as it currently seems to be.
Due to the corrective process ending so low, it is possible to put the previous larger Wave B idea back on the table.
This correction has been a little volatile, everything seems to fit a bullish outlook for the first 5-Wave move of a Wave B Zig-Zag.
I doubt the smaller zig-zag idea will be any good due to how low the correction ended.
There definitely some differences between what is going in the US Dollar vs The Euro at the small degree right now.
This makes the latest waves very interesting.
Support remains at 1.08378.
I will posting a video update in a few hours.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
AW Euro Dollar Analysis - Small Expanded Wave B...Price action suggests that we are looking at a smaller Wave B and may only see a double top.
Below in related ideas if you have a look at the degree of trend it appears we are only trading with Wave 4 of the initial move up.
After this completes that is when I expect Wave C to take the Euro lower back to the previous Wave iv at around 1.04821.
Support for this smaller Wave B is at 1.08378.
I wish I could post every 5 minutes but it's not possible.
Edit: The larger Head and Shoulders pattern might still be in play which means a possible triple top.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
AW Euro Dollar Analysis - Normal 5-Wave Move Since Lows...It has become obvious that this whole move up is just a normal 5-Wave move.
After noticing the small Wave A at the highs, it became clear that it must part of a smaller degree correction.
After all the analysis done so far, it just goes to show there is nothing weak about this move.
It's the first Wave of a large incoming trend therefore we need to stay on top of every single wave so we know what comes next.
I believe we are now in Wave 4 of this initial first wave.
This is one of the pitfalls of fractal patterns, one must stay on top of every move and identify the waves correctly as the pattern evolves.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
AW Euro Dollar Analysis - Possible Irregular Top Forming...Price action throughout the day has given away some clues as to what we could be seeing here.
Look for the first 5 Waves up for Wave (A) and then by the time the FOMC meeting occurs we should have a pretty good setup for Wave (C).
In the video I explain the thinking behind this, I believe we are in Wave 2 and may very well see this Wave B expand to the upside.
1.08531 is the line in the sand and I am using this as a stop level but if it is broken without going much higher then the last high would become resistance.
Summary: Short term long position unless we see a break of the level mentioned above.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
DeGRAM | EURUSD range breaking EURUSD is trading in the descending channel.
The markets printed multiple massive red candles, meaning that bulls were pushed back.
Price broke and closed below the consolidation zone. Additionally, the price action is making lower lows.
We expect a sharp bearish move and an AB=CD pattern.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
EURUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
DeGRAM | EURUSD in consolidation EURUSD broke out of the ascending channel and retested it.
Price fell from a strong resistance level of 1.09300, and the price action is printing HHs and LLs, indicating indecision or consolidation.
The market formed AB = CD pattern.
We expect a move down and further consolidation.
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DeGRAM | EURUSD pullback expectedEURUSD is trading in an ascending channel.
The market is decelerating at resistance level, meaning candles are getting smaller.
We have an AB=CD pattern where the D point is slightly above the resistance level.
On the 4H timeframe, we can see divergence.
We expect a bearish move; all confluences tell us that price could make a pullback.
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Share your opinion in the comments and support the idea with like. Thanks for your support!