EUR/USD FUTURES : BEARISH TRIANGLEThere is a high probability to break the triangle from below and touch the YELLOW SUPPORT.
Short ONLY AFTER BREAKOUT.
EUP1! trade ideas
EURUSD | H4 overviewHello traders! Since the price crossed the critical level of 1.1281 for the previous scenario, so I switched to an alternative count. From 1.1202 to 1.1293, a bullish impulse probably formed. It is possible that wave {ii} was completed at 1.1202. If this idea is correct, we will see growth with the breakdown of channels.
EURUSD may decline | H4 overviewHello Traders! It is possible that wave (b) of {ii} was completed in the form of a barrier triangle. Wave (b) rolled back wave (a) by 0.382. I think that the wave (c) of {ii} has now begun to develop. Since two diagonals in one zigzag are rare, I expect to see a wave (c) as a impulse. I have two goals derived from the ratio: (c) = (a), (c) = 0.618 (a). You can see them on the chart. If the price goes up and crosses 1.1281, then I will switch to an alternative calculation of waves with the continuation of the development of wave (b), or the idea in which the second wave takes the form of a sideways correction.
EURUSD in the corrective phaseKey Levels: 1.0781, 1.1424
Hello traders! We see that the price reached the border of the base channel and failed to break through it. This fact is explained by the completion of the pulse wave and the beginning of correction. I think that the {ii} of 3 wave is currently developing. This wave is probably not complete yet. I expect that the Euro will continue to decline in the area of 0.500 or 0.618.
The Euro will growKey Levels: 1.0671, 1.1502
It is possible that the second wave ended at 1.0671. Also, the second wave rolled back the first wave by 0.786. We see that the price rested on the upper border of the corrective channel and for several weeks can not break it. Breaking through this channel will confirm the idea of unfolding the wave {3} or {C}. I think that the Euro is now developing a wave (1) of {3}. If this is the case, then we have a great opportunity to make a profit.
WICH DIRECTION ? ??DISCLAIMER :
The content on my TRADINGVIEW profile is for informational and educational purposes only and is not and should not be construed as professional financial, investment, tax, or legal advice. Trading has large potential rewards but also large potential risk. Do not trade with money that you cannot afford to lose. The past performance of any trading idea is not indicative of future results.
Buy the pullbackDISCLAIMER :
The content on my TRADINGVIEW profile is for informational and educational purposes only and is not and should not be construed as professional financial, investment, tax, or legal advice. Trading has large potential rewards but also large potential risk. Do not trade with money that you cannot afford to lose. The past performance of any trading idea is not indicative of future results.
buyVery important in Forex
The percentage of loss in Forex is large and the main reason is that traders depend on a price line and a small stop, and this is a mistake
You must buy or sell in a large price area and promote deals on three levels, as shown in the picture
And divide the amount of the deal by price levels in three ways, as in the picture, for example
The first deal is 0.5 lots, the second deal is 0.5 lots, the third deal is 1 lot, and the total loss is within 7 percent of the account.
