Eurusdtrend
EURUSD - still growth.On November 24, I told you to buy.
When there is a pullback, you can buy a part of the position.
What do you think?
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Another 5 Cent on Top? 💵Rangebound!
At the moment, the EUR/USD is ranging in the $1.18 area. The bears weren't able to get enough selling pressure on the market to push below the 23.6% retracement. We cannot ignore this lack of strength, and we adjusted our primary expectation. Until we dip below the 23.6% retracement at $1.17094, we have to expect further bullish action. Target zone are prices in the range of $1.22 - $1.23.
Do you agree? Discussions welcome!
EURUSD At Critical Point Of trend Change.EURUSD has given a good rally after giving a breakout from symmetrical triangle pattern . As per chart pattern analysis , EURUSD has reached at the top to the rally , from Current levels we might see consolidation or small price retracement towards the downside in EURUSD. one can trade on short side with consideration of consolidation trend and after confirmation down trend with proper risk management and stop loss .
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EURUSD At Strong Support Level For LongEURUSD has given a very good breakout from falling wedge pattern. After giving breakout EURUSD price has retraced towards the extended trend line of the falling wedge, now it is trading at very solid support of extended trend line of falling wedge and long term support zone. We might see a good rally in EURUSD from the current price level for long term trends. One can put stop loss just below the support zone level for a long trade.
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Note trade With Proper Risk Management System.
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EURUSD On Down Slide Path.EURUSD is trading in a falling wedge pattern in a bigger trend, within the falling wedge, it is also trading in channel pattern. We might see more downside in EURUSD from the current level. As we can see, the falling wedge resistance line and parallel channel resistance line overlap each other, so there is strong resistance for upside in EURUSD. We might see downside towards the support line, as we can see in the chart.
If You Like Idea Do Follow/Comment/Like For More Quick Updates.
Note - Trade With Proper Risk Management System.
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EURUSD | Making Higher Highs & Lows |Buy OpportunityFriends, please follow & like if you find this idea useful.
EURUSD retested the previous demand area. Here I'm seeing a buy opportunity here. Use the pullback to get in.
Reason:-
- Price is trading near a previous demand level.
- Seen a good rejection.
- Making Higher Highs and lows.
Thank you for your support, I appreciate it.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Close to channel breakout in EURUSDHello traders, lets start this week with our favorite pair, EURUSD . As we can see that the pair is in its channel and is close to its breakout. The support and resistance is in higher time frame that is D1. One can wait for the pair to breakout from its channel. it will be interesting to know where the pair goes, also after breaking the channel the pair can possibly break its support or resistance.
Ryan.R.Lopes