Eurusdsell
EUR/USD likely to fall!Hey tradomaniacs,
looks like EUR/USD is going to fall after the recent retest of the trendline and naked Point of Controle from yesterday.
Entire pump had higher volume, but almost a neutral Delta - This pump happened with Front-Pushing and is so a move of manipulation. Im waiting for a retest to get a confirmation.
Be cautious as EURO has been very very choppy lately compared to other paires.
What do you think?
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.
EUR/USD likely to fall!Hey tradomaniacs,
looks like EUR/USD has just faked out to the upside with a lot of speed and momentum in order to catch liquidity.
Overall correlations do not make sense with this move as yields are not falling while indices are just choppy but bearish.
Orderflow has shown an instant switch from bulls to bears with this "breakout" which is giving evidence for a fakemove.
Be cautious today as market is pretty volatile due to a lack of fundamentals and upcoming holidays in the US.
What do you think?
[NEW UPDATE] EURUSD SELL Postion Quick update on last weeks SELL trade that triggered the position is running smoothly I have closed 50% of the position and moved STOP to entry price.
I will now let this run to the first target are of 1.01 or below you can also see a freshly created daily DEMAND/BUY zone here which was created when we had the breakout of the bottoming accumlation period that has just occured this area could well draw bullish attention.
So you can be on the lookout for buying clues around this level please take a look at my related posts to learn why this trade was placed
EUR/USD likely to fall!Hey tradomaniacs,
EUR/USD is testing a nice resistance-zone to go short.
Todays statements by FED Bullard was pretty hawkish as he aims for rates
between 5% -7%.. so long way to go and more rate-hikes probably incoming.
Orderflow is not 100% clear but it starts to turn bearish as bullish volume slowly fades.
What do you think?
Is EURUSD About To Go Down ??? (Trade Idea Triggered)It's taken nearly a week to get a SELL signal on this idea as expected it took out 1.02 smashing straight up above 1.04 which was the area the SELL signal triggered so expect a correction down to here towards the 1.00 level.
Read my related post to understand the reasons behind this setup
EURUSD – SPOT: Selling On RetracementEURUSD – SPOT: Selling On Retracement To Within The 50% Range Of Bearish Fakey + Long-Tailed Pin Bar Setup
Price Action: Price formed a Bearish Fakey + Long-Tailed Pin Bar Setup overnight.
Price exploded higher from the Giant Bullish Fakey Setup that had formed late last week (We did not consider trading this setup, as given its huge size, it would have been hard to manage risk-reward).
Potential Trade Idea: We are considering selling on a retracement higher to within the 50% range of the current Bearish Fakey + Long-Tailed Pin Bar Setup.
EUR/USD likely to fall! TP hit!Hey tradomaniacs,
TP quickly hit and now im short.
Technically we see a fakeout and a good chance to short.
Recent PPI shows that its not impressive and priced in to see a lower inflation in the US... Inflation has generally been no topic anymore as peak has been reached.
Now its more the fact that raised rates and upcoming rate-hikes into a recession will cause big problems... I exppect more risk-off!
Market-Depth has shown absorption!