EURUSD H1: Bullish outlook seen, further upside above 1.0020On the H1 time frame prices are approaching resistance at 1.0020 where a break and close above this zone could act as support and provide the bullish acceleration to the next resistance zone at 1.0120, which coincides with the 50% Fibonacci retracement. Stochastic is facing bullish pressure from its support as well with more upside in line with prices.
Eurusdbullish
EURUSD H4: Bullish outlook seen, further upside above 1.0230On the H4 time frame, a pullback to the support zone at 1.0230 presents an opportunity to play the bounce to the resistance target at 1.0380. This resistance target coincides with the 50% Fibonacci retracement and the resistance-turned-support graphical level. Prices are also holding above the ascending channel and 30 EMA supporting the bullish bias.
EURUSD: BUYEURUSD has played out as analysed in the previous post ( Check Related ideas). Nothing has really changed despite the messy price action because everything in the market is DELIBERATE: if you pay close attention you will understand the HOW and the WHY.
It is always good prctise to hold until SL or TP and manage it inbetween. Goodluck!
be ready to go bulish on EUR/USD When It Hits The key Area 1.101its seems the the EUR/USD is gonna go bulish if it hits the key area 1.101 ( that shown in purple ) duo to high volume in that area and also strong support level as you can see, and acording to the Elliot Empolse theory it gonna go up ( impolse wave ) OANDA:EURUSD
please do not trade according to my ideas i am just sharing what i think :)
Outlook on EURUSD: Bullish play seenOn the H2 time frame, prices are showing bullish order flow, with the break of the recent high where we could see a deeper pullback into the daily leg before prices continue to the downside. A pullback to the support zone at 1.10000, in line with the ascending trend line, 61.8% Fibonacci retracement and 61.8% Fibonacci extension provides an opportunity to play the bounce up to our daily resistance target at 1.1288, in line with the 78.6% Fibonacci retracement.
EURUSD BUY TRADES TAKEN!I'm struggling to speak tonight ahah.. but just wanted to share my thoughts on EURUSD at the moment, we are starting to see price reject that support once again so I have taken long trades. I like to trade pretty aggressive so keeping stops nice and tight and moving them once in a few pips profit, this can stop you out at break even a few times but its where I find my best entry points.
BUY EUR/USDLooking at EUR/USD there are many possible triggers of an upward movement firstly :
The support at 1.21550 areas, which in turn has made ahead formation
4h relative strength index
HEAD and SHOULDER pattern about to form, with a new shoulder at the level of 1.21750 - 1.21880
The bullish trend
Support and Resistance