Eurusdbearish
EURUSD: Bearish Fakey Setup | 13-2-2022 EURUSD: Bearish Fakey Setup
Price Action: Price sold off from the recent Bearish Fakey Setup that had formed just under the 1.1482 – 1.1523 key resistance area, late last week (We suggested selling from this setup in the February 11th Newsletter).
The recent Potential Bullish Fakey Setup, failed (We did not consider trading this setup and hopefully saved some members on this market. We preferred to wait for a sell signal last week).
Potential Trade Idea: We are now considering selling if price pulls back to the recent Bearish Fakey Setup breakdown area, whilst price remains under the 1.1482 – 1.1523 key resistance area.
EURUSD BEARISHEURUSD
The price reach our previous targets and now its coming down and I believe it will respect the line near level 1.18342 and continue its way down and be able to reach our targets.
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El precio llego a las metas que teníamos previstas y ahora rompió la tendencia y decidio bajar hasta tocar el nivel 1.18342, considero que el precio respetara la zona nuevamente pero como un techo y seguirá bajando hasta lograr tocar los nuevos targets.
EURUSD to 1.15316| 5th October 2020| I am predicting the EURUSD will be going to bullish on January or February 2021.
By now we are in the midst of finishing the temporary downtrend.
It is like that on how the trader sees the market.
I am looking the key number 1.15316 to the next turning point to be the bullish period.
What event will happen on January to February 2021 ?
There will be an agenda that has been planned in the schematic diagram.
What thing you should need to do?
Preparing for the bearish of EURUSD and follow the trend.
Regards,
Zezu Zaza
2048
H1 BEARISH PATTERN; ASCENDING CHANNEL Price reached the 1.20000 terrain for the first time in 2years.
A break out of this channel is surely promised, time & price action are responsible for delivering this promise.
Albeit I remain neutral by trading within this channel.
Since price broke below the dynamic support within this channel, the bears are ought to guide price further downward to the 1.18000 region.
EUR-USD will follow the S&P 500In the previous collapse of the S&P 500, after the closing of some carry trade operations, investors preferred to buy the US dollar, which strengthened against all other currencies. Now, if there is a new bearish phase for the American stock market, we will most likely witness the simultaneous strengthening of USD. In this case, EUR-USD, whose price seems to have stopped on the POC, could drop at much lower levels than the current one, with the first target area at 1.08600.