Weekly Chart EW 5-3 EURUSDThe price has beautifully sketched 5 impulse waves on the weekly chart and possibly half of the 3 corrective waves. There is still time to trade inside the 3 corrective waves until the end of the year.
Longeurusd
EuroUSD forms Inside Barfound a pattern called Inside Bar (Bullish) on 2021 Jun 03 at 18:00 GMT on a 1 hour chart suggesting the outlook is bullish for up to 12 hours.
The MACD generated a bullish signal on 2021 Jun 04 at 02:00 GMT.
LONG SENTIMENT EURUSDConfluence
1. Overall bullish structure on higher Timeframe
2. Price trading above EMA
3. Price and retest of POC level in confluence with trendline
BUY EURUSDBOUNCING OFF SUPPORT
HIGHER HIGH AND HIGHER LOWS
NEXT MOVE HIGHER HIGH
30MIN BULLISH ENGULF
ALL ABOVE 50 AND 200 EMA
LONG EURUSDLONG EURUSD. WAVE II RETRACED AROUND 23.6 FIB LEVEL WHICH I OMITTED IN MY FIRST ANALYSIS. NOW IS A GOOD TIME TO BUY EURUSD AS PREVIOUS HIGH HAS BEEN BROKEN MEANING WAVE II IS UNDERWAY.. RISKING LESS THAN 40PIPS FOR OVER OVER 900PIPS
DON'T SELL EURUSD NOW TILL PRICE HAS REACHED AT LEAST 1.221BUY EURUSD . ALTHOUGH THERE'S A BREAKOUT, THIS BREAKOUT LOOKS LIKE A FALSE BREAKOUT AS I DONT SEE A COMPLETION OF MY WAVE COUNT YET. WAVE v OF 5 MUST BE COMPLETED BEFORE WE CAN FINALLY SELL... ALSO I CAN SEE A REJECTION AT 61.8 OF WAVE iii OF WAVE 5 MEANING WAVE iv JUST COMPLETED. HENCE WAVE v IS ABOUT TO BEGIN... ALSO THE RSI INDICATES A SERIOUS OVERSOLD
buy eurusdbuy eurusd whilst risking 22pips for 100pips. using channeling technique, wave V is projected by joining the lower chanelling line through wave II and IV and extending the upper channel line to wave III. wave V is the last wave of the 5 impulse wave to form wave 1 of major wave 3. a downtrend to at least 32.8 of this monthly bullish wave is expected after completion of wave V
EURUSD Overall Bearish Bias BUT chance to enter a Long Position.Here is part 2 of my EURUSD ANALYSIS. Look below for the original analysis.
Price has begun it's bullish move to the upside and is pulling back as expected.
I will be long on EU until price meet resistance and form a bearish candlestick pattern, then I will look to short.
Here is the image of the original analysis performed on March 28
Long EURUSD- The US Return to InflationThe EURUSD pair has seen a much awaited downturn supporting the DXY's move back up to 92. However, with inflation rates projected to be on the rise with a recovering job market in the US, the assumption of near term weakness in the Dollar provides a good trade. I expect that between a US stock market coming off of lows and the German stock market sitting on highs, this trade can play into the inverse of currency exchange rates and equity pricing. That said, this week is going to likely be very volatile for the pair with big news releases expected to impact both of these currencies.
long eurusdlong eurusd with tight stoploss. after the formation of wave b, a new bullish wave c is expected to happen to complete wave (B)
BUY EURUSDretest of trendline
1 hr double bottom & RSI convergence
rejection of 61.8% fib
right shoulder of head and shoulder pattern formation
EURUSD LONG There is still some time to find an entry on this. Bullish trend, price has broken the inverse head and shoulders neckline on hourly. Bullish divergence on daily.
eurusd scaling in long ideaFX:EURUSD Looks like an accumulation pattern is forming above 1.2100 and I will take advantage of it. It is early NY session, I am setting another trap. Last one was very accurate to the pip!
eurusd long idea So finally price has reached the 1.2100 objective with a lot of momentum. I spot a nice trendline holding today through London. I expect retracement into the trendline during NY session to continue towards 1.22300 for next objective.
New eurusd long ideaWeekly objectives have been reached at 1.2000 now, price seem to have flipped direction as it has switched from bearish to bullish on my trendline. I am looking for a return to 1.2100 from here.
long eurusdlong eurusd with two target that shown in the chart, because US dollar is under pressure and eurusd broke the bullish flag and is ready to fly.
long eurusdlong eurusd , because trend is still bullish, flag is confirmed, and this zone is cluster of fibonacci
