Euruusd
Can EURUSD go bullish now ?EUR/USD has drop in a significant amount that may trigger an up trend price correction up to 1.19530 then either continue dropping or rally back to the top to around 1.24630
The price is currently around 0.382 of Fibonacci retracement level,
base on Elliot wave theory it is believe that this is the beginning of wave 5.
just to back this up, I a new price level was open around 1.602 during this rally and it yet to be complete I believe its impulse wave
This is just my trading idea and nothing else
what do you think of the idea
please this is not a financial advice, just what I am trading at the moment rather you can advise me
EURJPY by ELLIOTT WAVE PATTERNSA triangle appears to reflect a balance of forces, causing a sideways movement that is usually associated
with decreasing volume and volatility. The triangle pattern contains five overlapping waves that subdivide
3-3-3-3-3 and are labeled A-B-C-D-E. A triangle is delineated by connecting the termination points of
waves A and C, and B and D. Wave E can undershoot or overshoot the A-C line, and in fact, our experience
tells us that it happens more often than not.
EURUSD 16 December 2020 - Daily TimeFrameHello traders, here is the full analysis for this pair... pairs still in the uptrend channel … the price going to touch the KEY LEVEL as resistance at a level of 1.22155 and I think we have a continuation of a long move but if the price can't break the key level, it's going to retest and down to first support of my daily chart: 1.19201.
All info can be found in my chart.
*Support this idea with a Like or Comments if you find it useful* ... Thank you
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DISCLAIMER: This Information Is Not a Recommendation to Buy or Sell. It Is to Be Used for Educational Purposes Only
EURUSD: Good Sell Opportunity, Hurry!Hello Friends, Welcome to the technical analysis on EURUSD. I think we might get a good sell opportunity in EURUSD, based on my technical analysis. And this is the right time to get a good number of Pips to the downside. Now price is trading near the previous support area and seeing a tight consolidation in lower time frames.
Thank you for your support. Please follow & like if you find this idea useful.
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.
Eur/Usd Buy setup 120 PipsAs i broke down in the video for those who dont have time to watch through this is a quick glance for the potential setup i am looking for. we have a minor resistance but we need the momentum to hold on to break through the resistance
i will link the video explaining the breakdown and hope you like , comment and share
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Eur/usd Sell Setup!!we clearly see structure in Daily timeframe not able to create a new high. and we clearly see based on wick that structure was broken in daily... so when you look at h1 timeframe we see a nice 78.8% fib retracement which gives. a nice risk to reward and we see nice rejection and break of structure in lower timeframe
Manage your risk
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Trading Plan #EURUSD (SHORT)Hey Guys! Like and comment if you like the content. 👍 Subscribe will be a lot of interesting 👌
My idea EURUSD sale from the zone indicated on the chart 👍
DISCLAIMER:
The opinion of the author may not coincide with yours! Keep this in mind and consider in your trading transactions before making a trading decision.
EURUSD Being Haunted..EU being consolidated for more than 2 to 3 days but rallied after breaking TL.
Now as illustrated above price has retraced and respected 1.9000 zone and still seems like it's trapping itself in bullish flag.
Waiting for buy area 1.82-1.83 as Dollar is getting stronger again.
It has respected that line and if broken downward then below "yellow " TL and demand zone should be focused else bears win the battle and EU will move back to bottom.
#STAYHOME#STAYSAFE..
EURUSD Long Story A LongBuyLongSellIndicator Analysis" Currency EURUSD Analysis in 4H timeframe:based on trading view script LongBuyLongSellIndicator (LBLS indicator).
Analysis as : SHORT and then LONG:
To understand completely about the LBLS indicator,
the script link is given below at the bottom.
Simply click the LBLS image below that will take you the latest revision.
I was going through all the time frame chart of Currency EURUSD to identify the right entry.
Here is my view and the fact about this Currency EURUSD .
Currently I think Currency EURUSD will have a minor retracement here to retest the level before taking off to our predicted move.
There is no myth to use several indicator to be good trader,
Use simple and effective Indicator of your choice which can help getting the right spot to trade and invest.Whatever it may let it be very simple to use.
with the help of LBLS indicator,
i check three basic yet effective rules for Entry.
Long:
Make sure the candle color transitioned from Black to Blue / Red to Green .
The Strength-meters,
Here is the example of Strengthmeters with Open Pine code .
it is nothing but group of top performing indicators,Used 7 indicators to predict this.
Minimum 4 or above showing in charts in the current candle or within two candles in Green Color (Red for Short).
Background Color changing from Red to Green is the added advantage.
Short: :
Opposite of the Long Logic's.
In General in chart we have to see a pattern the price is moving HH for Long or LL for short.
Please study the price action techniques to understand the HHHL,LLLH for predicting the market.
This is key to success in market.
Remember :
The LBLS indicator analysis is one of the easiest methods to recognize the price moves and usually quite reliable.
In General no trade occurs the way we want it to touch 100% right. if we can predict entry 6 out of 10 correctly ,we will win the Game whatever be the indicator used.
MONEY MANAGEMENT is the secret to make money and create wealth over a period of time. Every drop count makes ocean ,Every right choice you make creates a Rich.
If you are winning an average of 60% of your trades with strict money management, you are going to win the Trading Game for Sure! Take out the emotion ,Practice disciplined trades.
with the rules of the indicator and price action ,This looks to be a good short at this point of time. Share your views in comments section.
Remember for right entry point
Remember for Stop Loss
Remember for partial take profit
Remember for closing the remaining profit
The Main Script behind the Analysis:
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