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Eurusdshort

JUST FOLLOW THE SCRIPT - EURUSDWE ARE BEARISH. THE DXY IS BULLISH. Therefore on a bearish day we expect price to IMPULSE to a AREA of Liquidity right above our Morning Zone before the dump in confluence with the DXY being BULLISH. WE EXPECT A DUMP TO THE 3RD OR 4TH SD. NARRATIVE: MONDAY JUNE 12, 2023 2:58AM EST Never Over Leverage. Large Trading Accounts are grew over time through compounding. TRUST YOUR SET UP. HAVE A GREAT WEEK OF METICULOUSLY CALCULATING AND PRECISE TRADING!!!!!!!!!! I AM THE ALGORITHM NOW:)
Short
by Master-Jedi-Trader
1
Channel and DropI've seen this one too many times... Price is making a tight climbing channel, but eventually once it reaches near the top of the last highs, it will fall out (usually) Looking at about 4.75 r, using a 15 pip stop, order placed at 1.07193, 1.07347 for the stop, and target the larger channel line from the previous downtrend, 1.06289 or around the last area, as the longer price takes to get there, the deeper it should go. Using the middle area between the two most recent highs for entry, and stopping above the highest high made, expecting a longer term double top style pattern to be formed and pushed down into the lower depth of the daily level finally.
Short
by ForexStoryteller
2
EUR/USD Short-Term prediction(6/2/2023)Hello Traders Last week EUR/USD was moving inside of a bearish channel and then, this week, took the chance of the weakened USD and broke out from it. It seems the bearish movement has been reversed and we should expect some upward corrections. Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
Long
by FortunaInvestments
2
Structural Breakdown This buying attempt looks to be failing, as the buyers are losing power in getting the turn. We're in a daily zone, but it's roughly 75 pips wide, and we're near the extreme upper levels. This breakdown makes me think the next possible level is around 1.053. with a lot of buyers in the market, there should be a heavy concentration of stops just below the last low around 1.0655. this should accelerate price below the next few levels. Placing a short, market entry made at 1.0701, stop 1.0725 (arbitrary 25 pip lock) target at 1.065 and observe as this will be the bottom of the long term channel we can't seem to breach out of.
Short
by ForexStoryteller
4
Bearish EURUSD ProjectionThe current analysis of EURUSD indicates a downward trend. Yesterday, it broke a significant support level and closed below it. While a temporary reversal may occur before the bearish movement continues, it's important to note that the DXY (US Dollar Index) has surpassed a major resistance level. This development suggests that EURUSD is likely to decline further towards the 1.05553 price zone, which represents the next significant support level in the coming weeks. It's crucial to remain aware that market conditions can shift unexpectedly. If the price manages to surpass the extended trendline and break above it, my bias would change. However, as of now, I maintain a bearish outlook on EURUSD. What's your thought on this? Kindly comment below
Short
by Popeson
EURUSD 4HR Bearish ProjectionThe current analysis of EURUSD indicates a downward trend. Yesterday, it broke a significant support level and closed below it. While a temporary reversal may occur before the bearish movement continues, it's important to note that the DXY (US Dollar Index) has surpassed a major resistance level. This development suggests that EURUSD is likely to decline further towards the 1.05553 price zone, which represents the next significant support level in the coming weeks. It's crucial to remain aware that market conditions can shift unexpectedly. If the price manages to surpass the extended trendline and break above it, my bias would change. However, as of now, I maintain a bearish outlook on EURUSD. What's your thought on this? Kindly comment below
Short
by Popeson
2
EURUSD Staying Short Looking at an overall strong downtrend, and getting solid rejection on the 5 minute time frame. Entry taken at market value, stop above 1.0837 and looking to target just shy of the next daily level. Price will have to move through some smaller levels to finish going down, but I do believe it will stay the course. The downtrend line leading down from the highs is staying fairly consistent, and looking to see it continue in the same way. Trading on the phone, hopefully the chart comes out ok.
Short
by ForexStoryteller
EURUSD sellHello traders today we are having good profits In gold and am pretty sure we wil be in profit on GJ now we are talking about EURUSd which will give us good profits today inshallah Now coming towards My anylsis EURUSD is showing us bullish trend on Daily tme frame but on H4 it has a beautiful wave formation of higher lows and lower lows and in my view the current LH is completed and we have a H4 significant resistance and its also a retest of H4 resistance level after breakout we are waiting for this current candle to be closed as a hammer doji or evening star and we will enter on this confirmations and we will have a beautiful 1:2.64 R:R in current scenario now we hope EURUSD will perform what we think of
Short
by Wakeel_Saab
EURUSD Downside PotentialHey, traders! This is an intra-day short idea on EURUSD. Technicals: (read chart) - Double top on pivot area - 62% retracement - Break and retest of internal structure - Intra-day re-target lows Fundamentals: Key Themes - USD: No progress last Tuesday on debt-ceiling negotiations - USD: Market fears > Risk Aversion > USD appreciation - EUR: Lack of catalysts this week - EUR: ECB hawkish remarks already priced-in I expect these themes to only be short-term though Happy Trading!
Short
by rob_WRLD_
2