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Eurusdsell

EURUSD On the Verge of a 7% Elliott Wave DropThe chart above allows us to put EURUSD's entire progress since March 2020 low in Elliott Wave context. The impressive uptrend which took the currency price from below 1.06 to over 1.21 in nine months looks like a textbook impulse pattern. Its five waves are labeled (i)-(ii)-(iii)-(iv)-(v). Turbulent Months Ahead for EURUSD What should worry the bulls is that according to the Elliott Wave principle, a three-wave correction follows every impulse. Corrections usually erase all of the fifth wave’s gains. For EURUSD, this means a drop to the wave (iv) support area near 1.15 can be expected once wave (v) is over. If this analysis is correct, this might just be the worst possible time to be buying EURUSD for a long-term position trade. What's your view on EURUSD? Let me know in the comment. Thanks for reading, Veejahbee.
Short
by Veejahbee
10
EUR/USD SELL IDEAHey tradomaniacs, welcome to a new free trading-setup. Note: This is meant to be a preparation for you. As always we will have to wait for a confirmation. EUR/USD: Daytrade-Preparation Market-Sell: 1,21150 Stop-Loss: 1,21600 Point-Of-Risk-Reduction: 1,20840 Take-Profit: 1,20425 Stop-Loss: 45 pips Risk: 0,5% - 1% Risk-Reward: 1,75 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Short
by Trading2ez
1
EUR/USD SELL IDEAHey tradomaniacs, EUR/USD has shown another strong fakeout at the MONTHLY Key-Resistance which could give us a great chance to short the peek. Another retest of the intradays High-Volume-Note should show us whether this is a likely scenario or not. EUR/USD: Daytrade-Preparation Sell-Limit: 1,21175 Stop-Loss: 1,21420 Point-Of-Risk-Reduction: 1,21000 Take-Profit: 1,20720 Stop-Loss: 25 pips Risk: 0,5% - 1% Risk-Reward: 1,86 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Short
by Trading2ez
EURUSD Gartley Harmonic Structure is in play...Hello to all, A clear Gartley Harmonic structure has formed at EURUSD in daily period. I think,hat means the price couldn't break 1.2011 (last top) and i'll short it between 1.1967 / 1.1995 zone. Our positions has to be stop if we see any candle close above last top level. My first target is 1.1830 (fibonacci 38.2 level of C/D leg) and the second target is 1.1745 (fibonacci 61.8 level of C/D leg). Be careful, its a swing trade analysis and this position will end in middle term.I will continue to share daytrade positions every day. Good luck to all !! If you find it useful, please support this idea with LIKE. In the analysis I published, 1H and smaller periods are based on the scalping strategy. Periods of 4H and greater are analyzed with the swing trade strategy.
by FXLoungeIN
10
SHORT ENTRY 1.19280 TARGET 1.1800 AND 1.1750 OR LOWERHey guys yesterday we did get a correction that led us to 1.1850 the price reacted from there as there a recent strong area of support. My play today will be 6 lots that i will put stoploss at 1.1940 as that level will automatically invalidate my setup. I will use proper risk management in a sence that if that level is broken i will then look to long the dips. I will think long only if 1.1940 is broken with a strong candle and follow through not a small stop hunt. That's it thank you
Short
by Rey2010
1