EURUSD push lower to 0.98650 handleHi all,
Been a while since I last posted due to me taking time out the markets and what not, anyways enough of the boring stuff lets talk about EURUSD shorts!
So my bias on the EURUSD coming lower (Or EURUSD SHORTS) is based of several factors such as them being;
1. We have market structure
2. We had fundamental data
3. Price charts
4. Moving averages
We can see a clear non break in a higher high, if we take the previous high that was respected creating a double top and today it being a shorting market we can see that this was a 'respected pattern'.
We also had a crazy spike taking out a lot of sellers in the market yet the hourly candle finished as a bearish result, showing traders (longer short-term) a bearish pinbar , this indicates to me that there is more of a short yet before we see a move higher.
We used a reverse engineered indicator which shows us on a daily timeframe that there is more possibility given all the reasons above that there is more off a short bias on this pair.
My entry: 1.00402
Stop loss: 20 pips @ 1.00611
Target: 150+ pips @ 0.98667
*This is not a signal, it's a detailed analysis of the trade I will want to take. Take all trades at your own!*
Let me know what you all think in the comment section below.
You can also message me via the chatbox on Tradingview and lets make some profits!
MoneyMaliks.
Eurusdforecast
Eurusd setting for bearish moveHi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count!
We are going to discuss about OANDA:EURUSD
We can see formation of head and shoulder pattern
So we are expecting a strong fall near support.
This is my opinion, I really hope this will be useful for you.
This is not a financial advice. Always take trade at your own risk,
Be ready and take care your money. Have a great profit !
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Continuation (Possibly)Personally, looking for a continuation to the upside during the London/NYSE open. I have a BuyStop at 1.01000 (with a 50pip SL at price 1.00500 & a 100 Pip TP at 1.02000 at an old key level risking only 3% of my capitol).
2 profitable days straight as the week have kicked off. LET'S GOOOOOOO OANDA:EURUSD
EURUSD Forecast: Price Is Rallying To 1.04389Hey trade,
As you can see the price is currently running in the half a bat patterns L2. Above the 50 and bullish crossed short-term MA's. Preparing to rally for the patterns L3 together for the 200 MA (that's visible on the MT4 chart). This has been confirmed by the bullish break, close, and retest made above the Mini Weekly Neckline, 50 and 8 MAs. But, the price could reject the signal, then drop instead.
That will be confirmed once the price has bearishly broke and retested the Monthly Neckline 1 together with the 50 and 21 MAs. With that in mind, do not take the trades, because this is not financial advice. It's just my point of view.
That's it for today. I hope you found value in this article. If you have a different concept in mind, feel free to share it in the comments section below.
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Trade Safe and Stay Blessed Baby,
Sphatrades.
EURUSD LONG Scalp / Short swingWaiting for eurusd to reclaim the .236 lvl of .99121 then it should run to .99848 my first tp then if it does get above that then it'll run to my sell zone at 1.00009 but at the moment im waiting for the 30/hourly candle to close above the .236 and ill wait for a retest to get in
EURUSD ! is expected to up, long trade ideaIt's been a tough week for EURUSD trading, Although the support line was broken, but EURUSD didn't show a down impulse, so its fakeout. For me, the direction is now clear. So I'm think that the growth will continue after some correction movement. Open a long trade when the checks the fibonacci 38.2, 50 level or break the resistance level.
EUR USD Volatility Forecast 7-11 November 2022 EUR USD Volatility Forecast 7-11 November 2022
We can see that this week our volatility is at 1.65% which declined from 1.63% last week.
Currently according to ATR we are on 84th percentile, and according to EVZ we are on 52th percentile, indicating in both cases, that we are currently is volatile market.
Now, based on the implied volatility data that we have for this week, lets look into further details.
We can see that currently there is 21.7% chance, that our candle is going to close at the end of the week either above/below the next channel
TOP: 1.007
BOT: 0.974
This can also be translated as a 78.3% chance that the market is going to move within this established range.
At the same, looking at the previous high/low values of the candle, and taking into account the entire history available of data, we can expect that there is going to be a
70% chance that we are going to touch the previous high of 0.9985
27% chance that we are going to touch the previous low of 0.974
EURUSD Short 11.5.22Hello its me again
So at the moment ill be waiting to short Eurusd at .099848 - 1.00009 preferably I'd rather wait for 1.00009 to short to be safe but will keep an eye on how the .099848 lvl treats it
Lets say we take a short a 1.00009 then i would need it to break back down under the .236 lvl of .099848 then thatll be used as a good resistance and we will fall down to tp 1
If we get into a short at .236 lvl of (.099848) we need to break and come back down under .99578 and it can be used as a resistance then it should take about a day or 2 to fall to our tp1 which is .99184 and that is where i will close half of my positions
For use to fall under to Tp 2 .97888 the daily candle would need to close under the 50 ema and i want a 1/4 hour candle to close under will keep you updated on that once we are closer to that level and with tp3
Good resistance/Sell zone
10% lvl - 1.00009
Okay resistance/Sell zone
.236 lvl - .099848
Bounce zones-
.236 lvl - .99184 or TP1
.236 lvl - .97888 or TP2
Will keep you updated throughout the day when we do get to that zone i have my alerts on when we are close to the sell zone
Bullish scenario-
EURUSD comes down to .099848 (.236) lvl and bounce back up and closes above the 50 ema
EURUSD | Perspective for the new weekThe last 3 - 4 weeks have seen prices continue to climb hereby finding uniform higher highs and higher lows which culminated at the breakout of the $1.0000 area during the course of last week's trading session. Will the breakout of the key level at the $1.0000 mark be a true or false one? As we look forward to a variety of high-impact events for the week, we will likely see structures anticipating this event at the beginning of the week, hence the need to prepare ourselves for significant signals. In this video, I have explained in detail what my expectations are and if there happens to be a contrary perspective at the beginning of the week, there will be an update in this regard in the comment section on my tradingview platform.
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Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
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Past performance is not necessarily indicative of future results.
EUR/USD - NFPS to support the breakout?Hey tradomaniacs,
EUR/USD is now retesting a strong resistance-zone after the breakout and could continue to move down.
Obviously NFPs will be more important than any technical level, but news could support this breakout with positive NFPs as it would put Powell less under pressure to slow down with his current rate-hikes.
What do you think and what will u do?
EURUSD top-down analysis, UPDATED!Hello 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.