EURUSD Sell setup.EURUSD has been in a correction from a weekly and daily bullish momentum. Tuesday, last week saw the break of structure lower and a strong pullback on Thursday and Friday to take out liquidity.
I would be looking for opportunities to sell to the support at 1.0381 for the final phase of this correction.
** As always, trade cautiously.
Eurusdshort
EURUSD M30: Bearish outlook seen, further downside below 1.0720On the M30 timeframe, prices are testing a key resistance zone at 1.0720. Failure to break above the resistance zone could see price drop to the support zone at 1.0680, in line with the 61.8% Fibonacci retracement. MACD is showing bearish momentum, supporting our bearish bias.
EURUSD UPDATE ✅✳️❕‼️❕Just to update our last trades in EURUSD:
Educational:
What we have seen on the chart it was quite clear, we had clear swp, then nice CHoCH, after that we have determined 5 min POI, becasue in 1M was not recognisable perfectly,
Our entry mainly are in 50% of POI but sometimes bottom of POI are right place to enter,
Again better for you to check and follow the chart in 5M becasue all this moves are for that TF,
Always wait for the clear trade, dont jump in silly trades,
here we have third position on EURUSD after collecting that liquidity just above tripple highs,
Any question comment me bellow,
@FxShzd team
eurusd shorthere is my eurusd short idea
its based on
marketstructure - clearly bullish - currenlty in the 4th bullish wave , created 4 higher lows
1.0720 - 1.0750 area looking weak, traded there last week and also few weeks before already but market failed to push higher
currency strength, eur very weak, usd also weak but much stronger than eur
the idea is that after the huge drop on the 15th march, market came back to retest the .0750 area to stop all short trades out which where place on the 16th, 17th and today 20th march ... because you know most traders follow trends and are on fomo so they get in the trades to fast, thats why there are a lot of stoporders laying around .0750 area which want to be collected before moving further down
im thankful to see how this setup plays out
Are we seeing an end to the bullish trajectory on the eurusd?The eurusd pair has developed bearish divergence on both the weekly and the daily chart and my assumption is that it could create an H&S on the daily chart, now that what appears to be the left shoulder and head can be noticed. Additional confirmation will occur once the PA crosses the dashed trendline.
EUR/USD ShortIn the recent drop we can clearly see an OrderBlock form with plenty of Imbalance which price is currently pushing up to fill,
The reason this candle sticks out to me as an OB is because it's the last candle up which is swiping buyside liquidity before a huge drop,
The purple box in the OB represents a slight bit of imbalance which lines up nicely with 50% of the candle,
What I'll be looking for around this area?
Personally for me to enter this trade I would like to see a clear CHoCH on lower time frames with a nice pull back to fill any imbalance created by the CHoCH
I will be watching price as it reaches this level and will not be setting a sell limit, and will only enter the trade if it meets my confirmations
My Take Profit levels will be previous lows and any imbalance left by the market
CHoCH = Change of character
OB = Order block
Please remember this is a trade idea and my personal view on the market, Please do your own analysis before entering and use correct risk management, no more than you can afford to lose.
Enter at your own risk
This is my first post so let me know how i did and anything else you'd like to see
Thanks :)
EURUSD WEEKLY ANALYSISFX:EURUSD
So as far as I see this pair for the week I am mainly bearish as we can see price broke below resistance and now has retested that same resistance so we could be seeing this pair selloff this week but due to recent events happening to the economy I will ask you all to please trade with proper risk management to avoid you loosing your account
EURUSD likely to head down from weekly resistanceThe resistance and support zone marked on the chart are acting as the range endpoints for weeks. We discussed a few ideas in previous posts based on these two zones and even took a couple of trades. Now the price has approached the resistance zone again and this could potentially present another opportunity to take a short position here. The target should be the weekly support but this time it might shy a bit from that support zone.
EURUSD SHORT ‼️❎✅FxShzd back again for the latest update on EURUSD:
To update our last analysis on EURUSD, we broke all the demand we had, for now, we can confirm price became bearish with strong power,
we have two bearish scenarios as we have two strong supply zones,
As soon as we get any confirmation in these zones, we can open a sell position with good R:R
Lets see how price reacts to these zone in lower timeframes then we can think about,
Any question comment bellow,
@FxShzd
EURUSD shortI am looking for EURUSD to go down here this morning. I think that Unemployment Claims news release will bring it down here. I may fall directly on 8.30 or another scenario will be it mitigates the 1.06500 (bank number) level and than falls. I am not taking a trade the first minutes of the news, I will look for an entry on the 1 min timeframe after it makes the manipulation.
EURUSD :Trading plan for 14th March Overall, the technical indicators suggest that gold may be experiencing some short-term selling pressure, potentially due to factors such as rising interest rates, a strengthening US dollar, or market volatility.
However, it is important to consider additional factors such as fundamental analysis, geopolitical events, and risk management strategies when making investment decisions.
This is good spot for Short
Wish u guy have a good trade .
EURUSD: No Mans Land For full transparency, I have no interest in touching this pair right now.
Although it could sell off aggressively into the 1.05 region, it could also liquidate the 1.08 region before doing so.
Yes, you can look to sell here but I would avoid it.
I will be waiting for a sweep of these sides before I consider a trade.
Personally, I believe price will flow to the low sweep before taking out the high sweep as illustrated.
Take it easy out there team...
EURUSD H4: Bearish outlook seen, reversal below 1.0820On the H4 time frame, prices are approaching the resistance zone at 1.0820, which coincides with the 61.8% Fibonacci retracement and 127.2% Fibonacci extension. A pullback to this zone presents an opportunity to play the drop to the support zone at 1.0600, which lines up with the graphical support zone and Fibonacci confluence levels. Stochastic is in the overbought region as well with the faster stochastic holding below the slower stochastic, supporting the bearish bias.