Eurusdshortsetup
EURUSD Now Falls!Hi Traders,
The Bull Trap on the 5-wave Wolfe Formation worked exactly and was tested at 1,120x.
A bear bar is opened towards the bottom of the trend line where 1 - 3 - 5 points converge.
We just have to be patient and wait for TP points.
EURUSD Start Bearish TrendHi traders,
We have seen manipulative moves on this pair for the past 2 weeks.
This was not due to the strength of the EURO but to the weakness of the DXY.
The current Wolfe Formation has completed its 5-wave move and will start a 2-week sale with a possible Bull Trap .
EURUSD Bearish Bat FormationThis chart is perfectly suited to bear bat formation.
The lengths between the points X, A, B, C, D have been checked.
This pattern marks the beginning of a bear market.
The estimated target is point C.
Short on Pullback | Strong Zone of ConfluenceFollowing the recent impulsive breakout of the ascending TL... we will be looking to enter shorts on a pullback to retest it in confluence to the 0.5 fib retracement, previous area of support (which is now key resistance), and the MA50 which has shifted its momentum to the bears.
EURUSD - Is This The End Of Wave E?Wave i could be the start of a leading diagonal for the beginning of Wave 3 down.
Short Entry: 1.17418
Stop: 1.20116
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EURUSD - DAILY - Selling at daily supply zoneEurusd - Daily - Shorts taken at the daily supply zone of 1.1870-1.1920 - minimum target 200 pips with a 50 pips stop.
EUR/USD Technical Analysis.Currently, EUR/USD is trading at 1.1789. The pair is trading in a downward trend and now consolidating above its small support level. If the price breaks the support level at 1.1750, then it can start a new down trend and its target price will be the strong support at 1.1622.
Follow proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade.
Do follow us for future Forex trend analysis and Ideas.
Thank you,
Rishikesh Lilawat
EURUSD SHORTEURUSD is over brought and it's nearing a potential resistance zone.
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If you like my analysis:)
Thank you and Good Luck
EURUSD FORECAST A POTENTIAL TO GO DOWN??*RISING WEDGE PATTERN H4 RETESTING THE H&S PATTERN IN DAILY*
A daily bearish trend line false breakout?? / daily bearish trend line breakout??
I would not short this pair if there is no confirmation candle, however if there is a confirmation, it will be a -+100 pip trade.
EUR USD Short IF and only IF ....line charts explain everything,
the best thing is they filter out all noise
IF TODAY'S DAILY CLOSING REMAINS BELLOW POINT 4 .. WE WILL HAVE H&S SETUP. BREAK OF NECKLINE AND RETEST WILL ACTIVE SHORT TRADE.
IF TODAY'S DAILY CANDLE CLOSED ABOVE POINT 4 THIS SETUP WILL BE NO MORE VALID.
please like and do share your thoughts .. thank you
Eurusd long 1. sell oppurtunity if price shows rejection at fresh supply zone.
2. buy oppurtunity at fib retracement 0.5 - 0.618 zone that is a demand\support zone.
EURUSD sell Price has been bearish just recently and I'm expecting this momentum in the markets to continue throughout the week thus my take profit area is achieving either a double bottom or new low. The Asian session has to go bullish manipulating the buyers and institutions getting ready to sell.
EUR/USD long term technical analysis.Currently, EUR/USD is trading at 1.1938. The pair is trading in an up trend from sometime by making higher high-higher low pattern. It may reverse back from its resistance zone which is at 1.2060. The pair may start a new down trend after rebounding back from its resistance zone, but for that it has to break the support level which is at 1.1880. It is possible that the pair may consolidate for some time before touching its resistance zone and before breaking its support level.
Follow proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade.
Do follow us for future Forex trend analysis and Ideas.
Thank you,
Rishikesh Lilawat
EUR/USD Technical Analysis.Currently, EUR/USD is trading at 1.1733. The pair is consolidating in the resistance and support wedges. The pair may start a new downtrend if it breaks the support level at 1.1703, likely the pair may rebound back after touching support levels. If the pair starts a new downtrend, after breaking the support level, then its first target price will be at 1.1509 and the second target price will be at 1.1389.
Follow proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade.
Do follow us for future Forex trend analysis and Ideas.
Thank you,
Rishikesh Lilawat
EURUSD forecast: Trade IdeaHello,
This is Euro/Dollar - EURUSD as you can see it made double top check this
it made a sell pattern it shows that there will be a bearish momentum.
i am expecting it to go 1.12000 that is 300 pips.
please remember this is my opinion and everything can happen in the forex market.
Thank you
Abdi
