EURUSD Instituional tactics high probability setupHello traders this my trade prediction setup EUR/USD
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Eurusdupdate
💡 EURUSD: Analysis May 8After continuously creating bearish signals on the daily frame, around the upper border of the falling channel, the price began to fall again in the past session, the downward momentum is still continuing to be maintained this morning. The short positions are profitable, you continue to hold the position, the target will be around the 1.06xx threshold, keeping the SL above 1.08xxx.
EUR/USD Longs from 1.07400 up towards 1.08200EU shares a similar bias with GU, as they exhibit comparable movements. Therefore, I'll be focusing on potential buying opportunities this week, particularly from either the 6hr demand zone or the one just below it. Given the presence of an equal low beneath the initial demand, it wouldn't be surprising if this level is breached to reach the subsequent demand zone.
In the event that price doesn't reach these levels, I'll be monitoring for a wyckoff accumulation pattern to emerge. This would signal a buying opportunity, aiming for an upward move towards the major supply zone, mirroring GU's position. I anticipate this scenario unfolding around midweek, so we'll have to wait and see.
Confluences for EU Buys are as follow:
- Price has been bullish in the recent price action as you can see via the market structure.
- Two 6hr demand zones in close proximity has caused a break of structure to the upside.
- lots of liquidity in the form of equal highs above to target as liquidity.
- Unmitigated 2day supply that price needs to go towards.
- Dollar is also dropping so it makes sense with this bias. as they move opposite.
P.S. If price continues its upward movement, I'll identify a new demand area for potential buy positions. Alternatively, I'll wait for price to reach the supply zone to initiate sell trades from that point.
Lets catch these pips!
EURUSD Technical Analysis and Trade IdeaThe EURUSD is exhibiting a bearish sentiment on the weekly timeframe; nevertheless, there is a noticeable robust bullish trend observed on both the daily and the 4-hour timeframes. Notably, we witness a pronounced reaction at the weekly levels identified as resistance on the chart. Furthermore, we have identified a daily support level, marked as a potential target for a pullback and a prospective entry point for a long position. In the video, we thoroughly analyzed price action, market structure, the prevailing trend, and a plausible trading opportunity.
EURUSD: The dollar steadied after a payrolls-led plunge, with maThe dollar index and dollar index futures both rose 0.1% in Asian trading after falling 0.8% last week. The greenback fell on weaker-than-expected non-farm payrolls data in April.
The data reinforced expectations that a cooling labor market will give the Federal Reserve more incentive to start cutting interest rates. CME's Fed rate tracker shows traders are increasing expectations for a 25 basis point rate cut in September.
EURUSD 06/05Pair : EURUSD ( Euro / U.S Dollar )
Description :
Impulse Correction
Falling Wedge as an Corrective Pattern in Short Time Frame
RSI - Divergence
Completed " 12345 " Impulsive Waves and " ABC " Correction
Fibonacci Level - 78.60%
EURUSDPair : EURUSD ( Euro / U.S Dollar )
Description :
Completed " 1234 " Impulsive Waves
Break of Structure
Fibonacci Level - 61.80%
Bullish Channel as an Corrective Pattern in Short Time Frame
Fake Breakout
EURUSDDear Traders,
We have witness change in price action, our bias remain same although now we are looking at the different area from where we can take entry. The first area is identified on the chart as 'entry' and then there are three areas to set 'take profit'. For stop loss it is up to your own risk management.
Remember, do your own research too, and only take if it matches your own chart analysis.
EURUSD Waiting for a short entryI see a main bearish trend for EURUSD. I drawed a possible bearish flag and a resistance area at 1.07500. If this area will hold, i think the bearish trend is still strong and i will wait for an entry as soon as we will break below the flag. First target for the short 1.05500
EURUSD Pair : EURUSD ( Euro / U.S Dollar )
Description :
Symmetrical Triangle as an Corrective Pattern in Long Time Frame with the Breakout of Lower Trend Line
Completed " 1234 " Impulsive Waves
RSI - Divergence
Break of Structure
Bullish Channel in Short Time Frame
EURUSD Profit Opportunity with the Crab Harmonic PatternEURUSD is currently displaying characteristics indicative of a Crab Harmonic Pattern (XABCD) formation. This pattern is observed alongside a significant trendline, adding further confluence to our analysis.
Key Levels and Fibonacci Retracement:
Point D of the Crab Harmonic Pattern coincides with a key resistance level, accentuating its significance. Additionally, Point D aligns closely with the 0.618 Fibonacci retracement level, strengthening the case for a potential reversal.
Trade Setup:
Based on the analysis, we recommend initiating a short position upon confirmation of bearish momentum at the identified entry point of 1.06626. This entry aligns strategically with the projected reversal from Point D of the Crab Pattern.
Risk Management:
To mitigate potential losses, a stop loss is advised at 1.06913. This level provides a reasonable buffer to withstand potential market fluctuations while preserving capital in case of adverse price movements.
Profit Targets:
We propose three profit targets to capitalize on the anticipated bearish momentum:
Take Profit 1 (TP-1): 1.06344
Take Profit 2 (TP-2): 1.06048
Take Profit 3 (TP-3): 1.05760
Conclusion:
In conclusion, the analysis suggests a compelling trading opportunity based on the formation of a Crab Harmonic Pattern and key technical levels. However, it is essential to exercise prudent risk management and closely monitor price action for timely adjustments to the trade plan.
This technical analysis report serves as a guide for informed decision-making in the dynamic forex market environment.
Disclaimer:
Trading forex involves inherent risks, and past performance is not indicative of future results. Traders should conduct their own research and seek professional advice before executing any trades.
EURUSD: approaching a possible swing buying opportunity FX:EURUSD dxy remained extremely bullish in recent few weeks which resulted EURUSD to drop significantly leaving many gaps in the price action. What we want now for price to drop further which will result price to fall under the discounted price zone. This is the last chance for price to rebound, if it fails then price can falls further creating year's lowest low.
EURUSD 1704Pair : EURUSD ( Euro / U.S Dollar )
Description :
Symmetrical Triangle as an Corrective Pattern in Short Time Frame with the Breakout of Lower Trend Line
RSI - Divergence
Break of Structure and Retracement
Completed " 1234 " Impulsive Waves
EUR USD to keep moving upwards D1On Eurusd forecast look for buy opportunities only. EURUSD is on bullish trend
EURUSD Technical Analysis and Trade IdeaIn this video, we explore a trading approach for the EURUSD pair. Our analysis suggests a potential trading opportunity. We provide an extensive analysis of the current price trends, carefully assess the market structure, and consider the dynamics of the market. When conditions are favorable, we identify a possible entry point. However, it’s critical to highlight the necessity of employing effective risk management tactics. Please be aware that this video is designed strictly for educational reasons and is not meant to serve as financial guidance.
EUR USD TRADE SETUP DAILY TIMEFRAME EUR USD has formed a Symmetrical Triangle on the daily timeframe, and a breakout has occurred now we need to wait for a retest of the pattern before looking for an entry Short/Sell on the lower timeframe
EURUSD SELLHello, according to my analysis of the EURUSD pair, the market has reached a very important area, which is the resistance area, at the level of 1.09800. Also, this level is the retracement of the 61% Fibonacci golden ratio. We also notice the formation of a candle with a tail on the four-hour frame, confirming a strong entry for sellers. Good luck to everyone
EURUSDPair :EURUSD ( EURO / U.S Dollar )
Description :
Bearish Channel as an Corrective Pattern in Long Time Frame
Break of Structure
Completed " 12345 " and " AB " Corrective Waves
Symmetrical Triangle in Short Time Frame
Impulse Correction
EUR/USD At Strong Support , Time To Buy It To Get 200 Pips ?This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
EURUSDPair : EURUSD ( Euro / U.S Dollar )
Description :
Completed " 12345 " Impulsive Waves and " AB " Corrective Waves
RSI - Divergence
Break of Structure
Bearish Channel as an Corrective Pattern in Short Time Frame
S / R Level
EURUSD Consolidation Break Pair : EURUSD ( Euro / U.S Dollar )
Description :
Consolidation Phase as an Corrective Pattern in Short Time Frame with the Breakout of the Upper Trend Line
Break of Structure
Completed " 1234 " Impulsive Waves
Fibonacci Level - 50.00% / 61.80%
EUR/USD Bearish outlook and potential sells from 1.08200My perspective on EU is to anticipate its bearish trajectory. With recent downward structure breaks and its arrival at a demand zone, I foresee potential failure to breach deeper levels or ideally a retracement to touch either of the two newly marked zones at points (A) and (B). Following this, I'll be on the lookout for a wyckoff distribution to initiate selling to sustain this trend, as my bias for this pair remains bearish.
While there's a similarity between EU and GU, EU is already within the demand zone, where I expect a bullish response, unlike GU. Therefore, I anticipate GU to rise before a drop, similar to this pair. It's worth noting that immediate buys might not be ideal, especially considering Monday's bank holiday for EUR.
Confluences for EU Sells are as follows:
- Price broke structure again on the higher time frames.
- Overall market trend is bearish so this aligns with the overall bias.
- Two new supply zones emerged near current price in which we can expect a bearish reaction to take place.
- Lots of liquidity still left to the downside that needs to be taken in the form of asian lows.
- Price might currently undergo a retracement back to an area of supply as its in a demand right now.
P.S. It wouldn't be unexpected if the price continues its ascent and reaches the 4-hour demand zone adjacent to the imbalance, a significant area I'm closely monitoring. However, I am anticipating a bearish descent from the recently established supply levels.
Have a great trading week guys!
EURUSD: EURUSD technical analysis todayLast week, US Federal Reserve (Fed) policymakers anticipated hobby quotes might lower through three-quarters of a percent factor through the give up of the year. The Fed and European Central Bank aren't predicted to ease as speedy or to the identical quantity as rising markets, leaving bring buyers to be greater selective. State Street Global Advisors recommends moving to lower-threat bring trades and the use of the solid Swiss franc because the investment forex, favoring shopping for the Indian rupee towards the Chinese yuan Quoc.
Low volatility is a key thing in prefer of bring trading, with Deutsche Bank`s CVIX index, which measures predicted volatility in 9 main forex pairs, hitting a low of almost 2-1/ 2 years. This has endorsed buyers to preserve conducting hobby charge bring trades. London-primarily based totally ING cited that no matter expectancies of multiplied volatility on the begin of the year, sturdy US information maintained the enchantment of bring trades for the time being.
Despite current hobby charge modifications through the Swiss National Bank and the Bank of Japan, marketplace volatility stays subdued, as indicated through low three-month dollar/yen implied volatility .
However, analysts warn that it might not take lengthy for markets to disrupt and bring trade, with ability triggers together with important financial institution policy, monetary information monetary occasions, geopolitical occasions and elections, mainly withinside the US this year. Petersen emphasised that the brink for multiplied volatility is pretty low, suggesting that the present day balance withinside the forex marketplace can be very delicate.
