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Eurusdbreakout

20 Reasons for short EURUSD 🤑TOP DOWN ANALYSIS OVERVIEW🤑 🧐Eagle eye: 21-year-old Supported ORDER block is Taped, and after it, prices go up as retracement or corrective move Monthly: there is one monthly IMBALANCE AREA AROUND 1.0794. It is hard to price reach because of too many resistances between the current level and the monthly FVG Weekly: price taped with extreme weekly imbalance or FVG area and made a strong reversal candle last week, but this week candle is trying to engulf it and is still below the high, so there is no need to worry because the previous high is protected yet 1 Structure analysis time frame: Daily structure is bullish, and the price is not able to break the previous high we know well previous high is already at the weekly FVG resistance level so 2 target time frame: Daily Breakout points Around 1.0159 to 1.0090 areas 1st initial target if prices give us clear signal because price also give us a daily higher low excepted move is bear or reversal 3 Current Move: Impulse 4 Entry Time Frame: h4 4.1 Entry TF Structure: Choch 4.2 entry move: Sideways Yet 5 Support resistance base: Previous H4 Orderblock 6 FIB: Trigger event at daily 7-candle Pattern: Keyreversals 8 Chart Pattern: Double Top 9 Volume: Big volume at 1st high Low on 2nd Reversal signal because prices make a double top with 2nd leg low volume 10 Momentum UNCONVENTIONAL Rsi: Range Shift from bull to sideways 11 Volatility measure Bollinger bands: M pattern with a volatility divergence Reversal signal 12-strength ADX: Show strong for bulls for an extra signal. We can wait for dmi cross over 13 Sentiment ROC: Eur weaker than USD in terms of rate of change 14 final comments: With open high, we can go with the bears' sell 15: decision: sell 16 Entry: 1.0352 17 Stop losel: 1.04560 18 Take profit: 1.0010 19 Risk to reward Ratio: 1:3 Excepted Duration: 10 days
Short
by Optimum369
2
EURUSD LONGdaily; bearish 4h; bullish imma wait for the price to break above the range zone with a huge momentum not just the break alone imma be waiting for the continuation momentum breaking the resistance zone, the previous structure and above the emas then imma go to the 1h 1h ; i wanna see an engulfing candle and a previous structure to put my SL price above the 14/5 ema and the 200ema as well TP; will be next T/P no greed stay patient and dont let fomo get into you, wait till u see a strong bullish momentum then enter, dont get caught in a fakeout, market may accumilate liquidity take those stops and drop down before it shoots to the upside, son stay patient on ur setup and manage ur acc
Long
by Ily14
2
EURUSD LONGOn the monthly/weekly timeframe price is full bearish but it’s on this major support zone that the price got rejected from it twice so m expecting a bullish move before any bearish continuation. The daily is bearish expecting a pullback to the previous high and also the golden fib number 4h; price is consolidating M looking for the price to break above the sideways zone with a bullish momentum candlestick after having a little structure to assure a safe stop loss Break above the LH structure Break above the resistance zone Break above the emas 1h; looking for an engulfing candle as an entry Placing a safe stop loss on a previous structure close to the 200ema and above the 14/5 Tp; nearest s/r
Long
by Ily14