Get started

Fibre

EURUSD, Bullish ReversalGood morning ladies & gents, After a period of accumulation, it is highly likely that EURUSD will start a bullish cycle up, this analysis is supported by a multitude of reasons. 1) After a period of accumulation, it's often that we see an inducement out of one side. This is the "Manipulation" phase, whereby they move price to simultaneously neutralise buy-side liquidity & induce sell-side liquidity, allowing the market makers to build in heavy long positions. 2) This area is sat below the 61.8% fib rejection we saw last week, meaning where price is at is an area of sell-side liquidity. 3) The Orderflow on the Monthly - Weekly - Daily are all Bullish. 4) Price has pulled back to the last D1 Bullish Orderblock responsible for dynamic PA. 5) Seasonal Tendencies & Commitment of Traders Data report frames the macro-economic outlook on the Fibre, both of which indicates an appreciation in the Fibre in the next few weeks. All of this, leads me to the conclusion that NFP will drive EURUSD up to take out the monthly highs where the next big level of Buy-Side Liquidity Lies. I anticipate it trading up to 1.24000 which is a level where commerce is often conducted. Macro-economic synthesised with Micro-technical levels is what frames high probability setups that we execute on with precision. Let's see how price delivers & let's see how "random" this market really is. Disclaimer: This is not trading advice, this is merely my idea. All speculations can incur losses. Don't invest more than you're willing to lose. You're trading @ your own risk should you act upon this idea. If so, I'd personally employ no more than 3% risk maximum of the total account size.
Long
by Jiraiya_eth
EURUSD Long Opportunity, 1:13 AvailableGoood morning ladies & gents. After taking out an area of buy-side liquidity, EURUSD fell into a multi-day consolidative range - today it broke to the upside. Now, EURUSD remains bullish. I'm looking for a pullback to this area (1.22305) where I'll be looking to take a long position with my take profit at the monthly swing high. Commitment of Traders data report states that EURO is extremely bullish & dollar is extremely bearish; hence, supporting a EURUSD long bias. I'll be looking to scale out at multiple points in this trade. I wish you all a profitable week ahead. - AmplaFX
Long
by Jiraiya_eth
EURUSD, Long OpportunityGood afternoon ladies & gents, After reacting off our H1 Bullish Orderblock based on my previous idea, we are now seeing another entry with a super high risk to reward possible to stack on top of the first idea. I'm looking for a long position off the same H1 Bullish Orderblock overlayed with the M30 Bullish Orderblock. I anticipate price to clear the highs at 1.22630. If it clears that objective, it's likely that we'll see price trade through the line labelled BSL (Buy-Side Liquidity) followed by it continuing up to the D1 Bearish Orderblock situated slightly below the Monthly Highs. Let's see how price performs. On the flipside, we can see DXY giving us a mirror image. It reacted nicely off the H4 Bearish Orderblock, and the price point of 89.196 is the next draw on liquidity, thus supporting a bullish fibre. Let's see how this runs!
TVC:DXYLong
by Jiraiya_eth
DXY TO 78'S - VERY VERY LONG TERMFROM THE START OF 2021 WE ONLY TRADED UPWARDS UNTIL RECENLTY. WE MIGHT HAVE THE HIGH IN HERE WITH LOADS OF DOWNSIDE POTENTIAL ON THE DOLLAR. WE STILL NICELY ABOVE THE YEAR OPEN WITH A LOT OF DOWNSIDE IN PLAY TO REACH THE YEAR OPEN AND THEN CREATE THE DOWNSIDE FOR 2021 LOOKING DEEP DOWN BELOW 80 IT SEEMS WE CAN RUN DOWN TO 78S TO HIT THE MAJOR LIQUIDITY LEVEL. DOES IT HAPPEN IN 2021 (COULD ROLL INTO 2022) I AM VERY BEARISH DOLLAR FOR THE REMAINING OF THE YEAR. (OF COURSE THERE WILL BE MOMENTS OF UP MOVES TO BE CAREFUL OF THOUGH) ALSO SEE MY FIBRE CHART IN RELATION TO THIS
TVC:DXYShort
by SolidTrader85
FIBRE MUST VIOLATE 1.21716 HIGH TO REMAIN BULLISH ELSE...With EURUSD breakout of the bullish wedge and for the bullish outlook to continue, the pair needs to rally above recent swing high at 1.21716. If this level is not violated, fibre will likely retest 1.19677, however if this level is violated, a pullback to the bullish engulf candle on 05/02/2021 will be the start of another upward movement for EURUSD. N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
Long
by BullBearMkt
EURUSD Intermediate Bearish Wedge Lower Channel Is Violated!The rising trendline on H4 that has been keep EURUSD in upward momentum has been broken with the last trading four hours ended in a rejection candle. The pair is expected to make a rally up (possibly towards bearish order candle at 1.22754 level). Any price rejection here could drag EURUSD further down to the long term trendline. However, a close above 1.23653 will indicate resumption upward momentum. N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
Short
by BullBearMkt
5