EUR/CAD is setting up for a lucrative short trade as it retraces to test the descending trend line resistance around the 1.4950 region. This technical pattern suggests a high-probability reversal, where traders can look for bearish entries. Target the first take-profit (TP1) at the immediate support level of 1.4700, and if the bearish momentum continues, aim for...
Hello,Traders! EUR-JPY will soon hit the Horizontal resistance level Of 145.5 from where A bearish correction Is to be expected Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
EURGBP will push to the downside after filling the imbalance on the daily chart. We have a OB on the 15min, which is about to hit. Waiting for confirmation on a lower TF (5min or 1min or 30s). What do you guys think about this idea? Do you think we will move lower or even higher? Please comment your thoughts and dont forget to like! :)
Eyeing this trade to fill the complete downside target. Entry: 1.0210 SL:1.0247 TP1: after 3% (1.0107) TP2:1.0040 Please like and comment what you think! Thanks for the support.
Looking to short EU from current MP or 1.03800 Confluences: - Bearish market structure - Third tap of descending trendline - Psychological number (also falls inline with the 61.8 fib extension) - Un-retested support-turned-resistance
The dollar is strong so the EUR is falling. Here is the play I will be taking on this pair: P = 1.06726 SL = 1.07793 TP = 1.04901
Looking to short the euro, however i am anticipating a sweep of the double top formation we had a few weeks ago. Keep your eyes on high impact news today ( Mainly Europe President Speech at 3pm GMT & the Fed Speeches this afternoon). We could be seeing some wild price movements. Will enter around the imbalance zone highlighted. dont be scared to re-enter if price...
After a sharp rise in price over the last few weeks we can see the Euro begin to consolidate here and form the beginnings of a downward trend on the short term basis. When the upper Bollinger band is retested we will look to go short with the trend.
Sell opportunity on EJ - Multiple wick rejections on strong supply zone in H4 & H1 timeframes and a strong rejection on the daily chart in a ranging market indicates a move downside to retest demand levels again. RR 1-3 with a max TP of 73 Pips
Hello guys! First, thank you the follows! I love you guys And i want to thank this, i made description to my analsis to help trading! EUR/USD Short Max respecting the Daily 61.8 fibonacci levels. And we have bearish trend. Looking good for sells, For me first 1TP 1.16000 2TP 1.15000 3TP 1.14500 BE CAREFUL THE ELECTIONS! DONT RISK MORE THEN 2%
Selling at third bounce of trend line to next support zone
I'm not a financial advisor. If you seek financial advice look for an advisor in your area.
a possible 1:14 risk reward on eurcad lets wait and see
Looking for price to come higher on EU before shorting, we may get an H4 stop hunt to remove any early sellers from the market. Price is very close to the shorting zone, advisable to wait for the next H1 candle close before engaging.
I'm anticipating EUR/JPY to decline 35 pips with a risk to reward of 2:1 . Reason being is because we are still bearshish with a lot of seller in the market, intraday S&R and strong highs lows, lower lows plus many more. Lets see how this trade plays out! PHILL
EURGBP has finally broken the daily ascending channel. the 4H chart has already shown a small retest for the trendline before falling lower however I believe we could come back 0.9000/0.9010 price point which could also retest the trendline before melting. I'm personally looking at a sell target of 0.8850 however we could even see price return to 0.8790 which has...
EURUSD pullback after a high of 1.14124 , will drop back down.