EURUSD - SWING - 15. MAR. 2021Welcome to our weekly trade setup ( EURUSD )!
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1 HOUR
Bearish break below main sr level.
4 HOUR
Overall bearish market structure..
DAILY
Expecting more bearish pressure.
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FOREX SWING
SELL EURUSD
ENTRY LEVEL @ 1.19310
SL @ 1.19830
TP @ 1.18540
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
Eurusdsell
EURUSD SELL NOW | Going downHello Traders, here is the full analysis for this pair.
Watch strong action at the current levels for SELL. GOOD LUCK! Great SELL opportunity in EURUSD.
I still did my best and this is the most likely count for me at the moment.
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EurUsd- Bearish under 1.2Last week EurUsd corrected the hard drop from 2 weeks ago and the single currency managed to recover shy under 1.2 important resistance.
I believe a new leg down will follow for EurUsd and at least a revisit of 1.18 is probable
Gains should be well capped under 1.2 and rallies against this resistance should be sold.
Only a daily close above 1.2 would change my bearish outlook
EUR/USD Multi-Timeframe analysis (15/03/2021)Hi Traders
EUR/USD Multi-Timeframe analysis (15/03/2021)
H1 Chart (BUllish)
Target 1 at 1.19424 has been reached. We closed 50% of our position and have moved the stop loss at the lock-in-profits level at 1.18966 . Provided the market conditions will remain the same Target 2 will be reached soon.
Support & Resistance
1.18865 1.19148
1.18681 1.19455
1.18559 1.19891
H4 Chart (Bearish)
A high probability, entry signal to go SHORT was given at 1.19405 after the market found resistance at 1.19690 . Only the upward break of 1.19690 would cancel the bearish scenario.
Support & Resistance
1.18348 1.19910
1.17563 1.21121
1.16232 1.21738
Daily Chart (Strong Down)
The market is approaching the resistance at 1.19891 . We are waiting to see reversal signals in order to reinstate SHORT positions. Next important resistance is the 1.22421 level.
Support & Resistance
1.19517 1.19891
1.18348 1.22421
1.17438 1.23485
Weekly Chart (Strong Up)
The market is dominated by uncertainty. The occasionally prevailing trend lasts for a limited time and changes its direction too frequently. As long as the market remains unstable, we stay aside, waiting for the market to get back on track.
Support & Resistance
N/A N/A
EurUsd- Strong resistance aheadSince the recent 1.1830 low, EurUsd has been trading higher and now is steady above 1.19
The rise looks corrective though and the single currency seems is not having power.
Bulls should be careful because above 1.1950 EurUsd enters a strong resistance zone and a new drop and challenge of 1.18 is not out of the question.
Sell rallies in that zone can be a good idea with a great R:R
EURUSD Setup Ahead of ECB MeetingEURUSD is setting up nicely by retesting a broken support ahead of tomorrow's ECB meeting. We should see a strong test of the 1.1950 barrier before travelling lower. I see 1.1970 as a good crisp entry point to take us lower. Since this is a swing trade I always look to add more positions later on down the line and will post when I plan to...
EUR/USD New Analysis To Catch More Than 380 Pips !This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
EURUSD: HARMONIC PATTERN IN PLAYHi to all,
EU broke its ascending wedge last week and now it is above a descending channel bottom line support. I think it will be supported from here till the broken structure resistance before a strong selling wave. I'll be wait 1.17 (the target of harmonic pattern) after short it from around 1.2040, if i see a sell signal in 1H period.
Good Luck to all!
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[EURUSD W1 Mar 2021]EURUSD
Short Setup
👉🏻 A short-term shift of bias to the downside on EURUSD, as a significant rejection just before the market closed on Friday after a whole week gains. My long-term bias still remains to the upside on this major pairing, as for the time being, looks like more corrective movement on the larger timeframe.
📈 This was plotted in early 2021 and noticed the rally off 2000 and 2020, monthly descending trendline has also been broken.
EUR/USD Multi-Timeframe analysis (04/03/2021)Hi Traders
EUR/USD Multi-Timeframe analysis (04/03/2021)
H1 Chart ( Neutral )
The market is dominated by uncertainty. The occasionally prevailing trend lasts for a limited time and changes its direction too frequently. As long as the market remains unstable, we stay aside, waiting for the market to get back on track.
Support & Resistance
N/A
H4 Chart ( Bearish )
A high probability, entry signal to go SHORT was given at 1.20717 after the market found resistance at 1.21137 . Only the upward break of 1.21137 would cancel the bearish scenario.
Support & Resistance
1.20225 1.21121
1.19910 1.21435
1.19196 1.21791
Daily Chart ( Neutral )
Conflicting technical signals are indicating towards an unstable market, cautioning us to remain neutral and wait for a stronger trend to develop.
Support & Resistance
1.20527 1.21887
1.19517 1.22421
1.18453 1.23485
Weekly Chart ( Neutral )
The market is dominated by uncertainty. The occasionally prevailing trend lasts for a limited time and changes its direction too frequently. As long as the market remains unstable, we stay aside, waiting for the market to get back on track.
Support & Resistance
N/A
EURUSD Level test for growth EURUSD Level test for growth
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EURUSD Possible Sell Setup1. A right-angled descending broadening wedge is a bullish reversal pattern. The pattern is formed by two diverging lines, the resistance being a horizontal line and the support a bearish downward slant, so it is an inverted ascending triangle. ... The formation of this pattern has to be preceded by a bullish movement. Thats clearly what we see in this case.
2. A retest of both the broken trendline and the resistance zone.
3. With all these confluences the possibility is high that the market will drop.
Careful trading and have a wonderful day.
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EurUsd- 1.2150 is strong ceilingAfter breaking the flag's trend line resistance, EurUsd lacked continuation and found strong resistance in 1.2150 zone.
At this point 1.2150 is a strong ceiling and, in my opinion, rallies above 1.21 should be sold.
My target for a new leg down is 1.1950 and only a daily close above 1.2150 would negate this bearish scenario
EURUSD Downtrend channel Downtrend channel (now at the upper boundary for correction to 1.18140
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