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Eurusdsetup

EURUSD 4HR TIMEFRAMEEURUSD on the 4HR TIMEFRAME it might be a good opportunity for a first buy after breaking the resistance and the high of the previous candle 1.0440 and the trendline . And for a more accurate trade it might be forming a double bottom breaking the neckline which is a strong resistance we might have a good opportunity to buy 1.0495 and always make sure to secure profits and leave runners for full tp and SL at entry . And for an opposite trade we have breaking the low 1.0340 we might have a sell opportunity its gonna be breaking a historical level and a strong support .
by migsta9
EURUSD Bear timeToday, i would like to share my analysis about EURUSD. As we see the chart is still on Bearish Trend but it looks like making a bounce. On 4 hour tf, i see there's an IMPULSIVE 5 WAVE, but we could see a price rising with volume going down. This also supported by the divergence from MACD and Stochastic which makes me assume that it'll go down soon. In a lower timeframe 1h, we could see a DOUBLE TOP there too. So i would like to see a correction wave until "Blue Area" there. Disclaimer ON Wish Us Luck
Short
by rudyjo
EURUSD - 2 longs and Short scenarios - Its the big game, sonGeneral EURUSD price beeing rejected by that s/r level (area 1 also in confluence with the 50% Fib. I currently debating if thats the actual range. But for now i will keep it like that. 1. Long (Green arrow) Requirements - Price moves above area 1 and forms a swing - Prices moves down and when passing the formed swing enter the trade Target Former resistance level (level 2) also the possible actual top of the range. Invalidation - Loss of area 1 after retake AND generating lower swings after Stop- Loss - Under area 1 Time duration Days, weeks, months, years... ;) 2. Long (Yellow arrow) Requirements - Price falls under level 1 - Retake of level 1 and forming a swing - Enter on break of that swing Target Next big s/r area and 50% Fib (area 1) Invalidation - Loss of level 1 and no retake Stop- Loss - Slightly under the swing low formed after breaking level 1 Time duration Days, weeks, months, years... ;) 1. Short (Red arrow) Requirements - Price falls under level 1 - Price forms a swing low - Enter on break of that swing Target Slightly above the range low Invalidation - Retake of level 1 after breaking under it Stop- Loss - Slightly above level 1 Time duration Days, weeks, months, years... ;) Good luck
by a_tale_of_bulls_and_bears
3