EUR/USD - daily ascending trend broken, awaiting drop!EUR/USD price action broke to the downside from a daily ascending trend channel on 9th September. After this break, support was found at 1.1750 sending price back up to 1.1900, which was a retest of the daily ascending trend channel. Since then price has ranged between 1.1750 and 1.1900. As price has now formed a lower high, we are awaiting another drop to the downside. We will be watching the zone in question which is a confluence between the overall monthly descending trend line and the newly forming 4H descending trend line. Late last week price may have already begun to react from this level for a larger push to the downside.
If price creates a higher high this analysis will become invalid.
Eurusdsell
eur/usd bearish interpretation Hello traders,
I expect a 5 wave decline or a bearish ending diagonal for the eur/usd starting from today It looks like wave B of C is completed. If price breaks above resistance (RED TRENDLINE) I would consider this analysis invalid but for now I'm bearish.my target is very close to 1.1600
EURUSD - SWING - 15. SEPT. 2020Welcome to our weekly trade setup ( EURUSD )!
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1 HOUR
Very bearish price action.
4 HOUR
Price turnaround with a break below main sr level.
DAILY
Overall very good short entries!!
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FOREX SWING
SELL EURUSD
ENTRY LEVEL @ 1.18500
SL @ 1.19090
TP @ 1.17720
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
EurUsd- A break of 1.1750 could lead to steep correction.As I said in my previous EurUsd analysis, the pair found a top on 1.2 zone and we can expect to a correction.
We already have this correction and my 1.17 target is not far away, so what's next?
A look at the daily chart reveals us a sloping flag on the top and only this pattern should make the bulls think twice.
Now the pair is sitting on support and a potential rally should be considered a good opportunity for short position.
My target in the medium term is 1.15 for EurUsd
EUR/USD SELL SIGNAL ey tradomaniacs,
welcome to a new free trading-setup
EUR/USD: Day-Swingtrade-Execution
Sell-Stop: 1,18000
Stop-Loss: 1,18635
Target 1: 1,17450
Target 2: 1,17000
Target 3: 1,16490
Stop-Loss: 63,5 pips
Risk: 0,5% - 1%
Risk-Reward: 2,42
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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Any questions? PM me. :-)
EUR/USD Sell Setup for this week.After the NFP Dollar seems to gain a little buy moment and EUR/USD seems to slow down it's upward trend. Now it's looking to maybe change it's trend to sell.
but for that we need a break of 1.1718 level. (or any level that is close to it) and we need a retest of this level as shown in the Chart. after the retest we need to sell sell momentum/price action or red candles to confirm that the trend has reversed to SELL.
Take Profits:
Next key level is 1.1486
So you can place your TPs between your entry and 1.1486 level.
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Got any other ideas regarding EUR/USD?
Please consider commenting about it. 💭
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EURUSD - SELL Hi all traders,
This is my analysis for eurusd sell.
I know alot of traders are looking at this eurusd channel and the current level as a possible buying opportunity.
Do let me share my perspective on this.
Look at that 3 area of the price then look at the rsi, we are actually having a possible divergence happening right now.
I do not know if my call is right, but any buy for eurusd must be taken with caution especially with dow jones and gold making low
Cheers and have a nice day!
EURUSD - SWING - 02. SEPT. 2020Welcome to our weekly trade setup ( EURUSD )!
-
1 HOUR
Very bearish price action right now.
4 HOUR
Price melting below main sr level.
DAILY
Good short entries, prices looks like we are in a pullback now.
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FOREX SWING
SELL EURUSD
ENTRY LEVEL @ 1.18600
SL @ 1.19120
TP @ 1.17810
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
H1 BEARISH PATTERN; ASCENDING CHANNEL Price reached the 1.20000 terrain for the first time in 2years.
A break out of this channel is surely promised, time & price action are responsible for delivering this promise.
Albeit I remain neutral by trading within this channel.
Since price broke below the dynamic support within this channel, the bears are ought to guide price further downward to the 1.18000 region.
EURUSD SELL trade update
Above is a clear count of 5 wave impulse which makes up the wave (A) of a zigzag correction (5-3-5) then followed by a triangle correction which serves as the wave B. According to Elliot wave rules, a triangle pattern more often that not appears as wave B or wave 4.
Now we are in a short position for the C leg of the zigzag correction .
EURUSD Short Trade SetupEURUSD is making a series of (i)-(ii), i-ii wave pattern which usually indicates a potential swift decline in third of a third wave.
We can keep our focus on the downside against the 1.18496 near-term key level (red), breaking decisively below the green levels on the chart will suggest wave ii has already terminated and that wave iii is underway.
What's your view on EURUSD? Let's interact in the comment section.
EUR/USD SELL SIGNALHey tradomaniacs,
welcome to a new free trading-setup.
Notice: 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: 1,18365
Stop-Loss: 1,18660
Target 1: 1,18065
Target 2: 1,17860
Target 3: 1,17660
Stop-Loss: 29,5 pips pips
Risk: 0,5 % - 1%
Risk-Reward: 2,42
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. :-)
EURUSD Short Setup!Price on the 4H was in an uptrend but broke. Now price has pulled back to about 50% and is starting to reject. I entered for a sell at the 50% exactly, but for a confirmed sell wait for price to break structure on the 15 then get in on the lower high.
Remember to always practice proper risk management. Targeting the last area on the 4H that price was in a range.
1-5.5RR. Once the 15 min trend switches to a downtrend as well it will be very likely you will catch atleast 50 pips.