Eurusdsetup
EUR/USD New Setup To Catch Those PipsThis 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 Downtrend channel Downtrend channel (now at the upper boundary for correction to 1.18140
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EUR/USD New 2 Trades Available 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
EUR/USD Continues to Fall Bringing Better Longing OpportunitiesThe USD's strength in the past few days keeps pushing this down. In my last post on this I hoped it would hold at 0.382 Fibonacci but did say it could drop to 0.5 and 0.618. This price aligns with previous structure so there will be support here. For the moment it is still bearish so we need to wait for a sign that it will turnback before entering another long. MACD needs to start rising back to 0 and EMA's need to come close to crossing back over.
Target is still the same as previous post - 1.25529
Triangle pattern in 4th wave of the first descending pointBy double-checking the charts of this currency, in the 240-minute time frame, and according to the triple wave structure of the sides, which has been started from the range of 1.2132 and extended up to the range of 1.2155. The scenario of a Triangle pattern is under formation, which is in the 4th wave from the first descending point. By crossing the price from the range of 1.2058, we can get the confirmation for the completion of the first wave from the downtrend.
EURUSD Long SetupPrice is reacting from a good structure level. Looking to long from here with stops just below.
This research is for informational purposes and should not be construed as personal or financial advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.