EURUSD_TOM trade ideas
EURUSD Trading Journal April 3 AnalysisEURUSD Trading Journal
April 3 Analysis
Parent bias is bull
Price is in a Premium previous day and current range
Dealing range pips 118
News 8:30 & 10
April 2 Analysis
Fantastic rally to buy side. I suspected Price would seek higher prices in NY and boom it did.
Price in a discount lowered in London to minor sell side setting up for a long which I traded. 6 macro price retraced. 7 macro price rallied to the buy side. Weak news driver to be honest. 10 macro silver bullet price rallies for buy side. Small consolidation PM session. Then during electronic hours price rallies into 4 hour FVG. , I suspected for a high to be made yesterday since Price had not delivered that yet. Great delivery.
April 3 Idea
I would like to see price retrace to rebalance the noted FVG from yesterdays delivery.
I am still bull on this pair.
Price could also consolidate in Asia and London after all the expansion yesterday.
I could see another rally for higher prices in NY.
EUR/USD | Potential Reversal SetupSitting at a critical zone. Big money clustering around current levels, VRVP showing strong interest. MACD hinting at trend shift. 1.078 is the key resistance - break it, and we're looking at a nice move up. Rejection, and we might see another leg down.
Trading Plan:
1 Watch 1.078 closely
2 Bullish above, bearish below
3 Look for confirmation
i'll update that soon. the uncertainty of the tariffs april 2 will be a big catalyst to look at
#EURUSD: Two Opportunities In One Chart, What do you see? Price has shown bullish behaviour exhaustion, and it's at a point where we see a total meltdown in prices. This is an excellent scenario for traders who trade on what the chart shows us rather than selling or buying only. We can utilise both these entries when prices do show a strong indication at either of our levels.
If you like our work, then do like and comment on the idea, which will boost us to post more such ideas. ❤️🚀
EURUSD SELL TRADE PLAN🔥EUR/USD TRADE PLAN🔥
✅ Market Bias: Bearish 📉 (Downtrend) ✅ Trade Type: Trend Continuation
📌 ENTRY TYPE: Sell Trade – Pullback Entry ⭐ Confidence Level: 🔵⭐⭐⭐⭐⭐ (High)
📌 STATUS: Waiting for price to tap the entry zone
📍 ENTRY ZONE (SELL):
Primary Entry Zone: 1.0840 - 1.0860
Secondary Entry Zone (if deeper pullback occurs): 1.0890 - 1.0910
📌 STOP LOSS & TAKE PROFIT TARGETS:
🚨 Stop Loss: Above 1.0925 (Invalidation level)
🎯 Take Profit Targets:
🥉 TP1: 1.0765 (Partial profits & SL to breakeven)
🥈 TP2: 1.0700
🥇 TP3: 1.0650 (Final target)
📌 Risk-Reward Ratio:
Primary Entry Zone: Approximately 1:3
Secondary Entry Zone: Approximately 1:4
📌 Reason for Entry:
Bearish Trend: EUR/USD has entered a corrective phase, trading below recent highs. The trend outlook remains bearish.
Double Top Formation: A double-top pattern has formed at 1.0950, indicating a potential drop to 1.0695.
Fibonacci Confluence: The 61.8% Fibonacci retracement level aligns with the entry zone, providing additional confluence.
📌 CONFIRMATION REQUIRED BEFORE SELLING:
H1 Bearish Candlestick Rejection: Look for a pin bar or engulfing pattern at the entry zone.
Volume Increase at Supply Zone: Indicates strong selling pressure.
Lower Timeframe Bearish Divergence: On M15/H1 charts for extra confluence.
❌ DO NOT take the trade if the price breaks above 1.0910 without a bearish reaction.
📌 RISK MANAGEMENT REMINDER:
💰 Risk 1-2% per trade. Move SL to breakeven after TP1 to secure profits.
📌 TRADE VALIDITY & INVALIDATION CONDITIONS:
✅ Trade Validity: Must tap entry within the next 24 hours.
❌ Invalid if:
Price misses the entry zone and moves straight to TP1/TP2.
Fundamental shift changes trade bias (e.g., major news event).
Price breaks above 1.0910 = Trade invalidated.
📌 FUNDAMENTAL CHECKS & SENTIMENT ANALYSIS:
EUR Weakness: Recent data shows a decline in Eurozone economic indicators.
USD Strength: Positive US economic data and safe-haven demand support the USD.
COT Report: Indicates institutions adding to USD long positions, reducing EUR longs.
🚀 FINAL TRADE PLAN SUMMARY:
SELL EUR/USD on a pullback into 1.0840 - 1.0860 (or 1.0890 - 1.0910 if a deeper correction occurs).
Targeting: 1.0765 → 1.0700 → 1.0650.
SL: Above 1.0925.
**Trade valid for the next 12-24 hours.
🚀 EXECUTE WITH INSTITUTIONAL PRECISION! 🔥
FINAL UPDATE ON EUR/USD TRADEEUR/USD 15M - As you can see price has played out perfectly, taking the market higher. This was expected and I am expecting this structure to continue longer term. We can expect price to pullback first.
With price now setting a higher timeframe high a pullback is expected as it follows the laws of bullish structure, setting higher highs and higher lows in the market.
This trade took profit for + 97 pips. (+ 5%) 5RR
A big well done to those of you who stayed involved in this market and those of you who got involved earlier on today from the voice note and screenshot provided. Its important you manage the trades correctly.
If you havent taken profit you should look to take profit on the trade and look to re-enter when we have further confirmation of another position. If you have any questions about the trade or the analysis drop me a message or comment below.
EURUSD and GBPUSD Analysis todayHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EUR/USD Outlook: Short-Term Upside Within Wave 4 Structure🧩 Medium-Term Structure:
FX:EURUSD OANDA:EURUSD continues to develop within wave 4 of a larger impulsive move. Given the volume distribution and price behavior, the most likely correction pattern is a contracting triangle (cT).
Alternative forms for wave 4 include:
- FL — Flat
- EFL — Expanding Flat
- RFL — Running Flat
- cT — Contracting Triangle *(most likely)*
- bT— Barrier Triangle
- d3 — Double Three
📍 Short-Term Plan for the Coming Week:
On lower timeframes, I expect upward movement targeting:
- pwh — previous weekly high
- Closing the 4H imbalance / FVG
- Retesting one of the dynamic vWAP levels
💡 My trade setups are aligned with the scenarios illustrated on the chart.
📌 This view remains consistent with wave 4 development and suggests a possible “culmination” move to the upside before a potential larger reversal.
🔗 Global view and long-term forecast for FOREXCOM:EURUSD FX_IDC:EURUSD :
EUR/USD Coils Below Resistance at 1.0940The euro is attempting to build bullish momentum against the U.S. dollar, but the pair remains capped by key resistance at 1.0940. Today’s bounce to 1.0852 (+0.55%) keeps the pair above both the 200-day (1.0732) and 50-day (1.0603) SMAs, suggesting the broader structure has turned constructive.
🔹 MACD is flat, showing waning upside momentum.
🔹 RSI is trending upward, now at 60.13, approaching overbought territory.
🔹 Price is consolidating in a shallow bullish flag pattern above the 200-day average.
A break above 1.0940 would confirm bullish continuation, potentially targeting 1.1050–1.1100. On the flip side, failure to clear resistance could prompt a pullback toward 1.0750 or the 50-day SMA.
This consolidation is getting tighter – a breakout looks imminent.
-MW
EURUSD ; BULLISH REVERSAL CONFIRMEDEURUSD; may continue to sell this is after it breaks through the trendline
Since we broke through the trendline EURUSD might continous buying to the supply zone around
1.09300
The price may pull back to the previous highs
Daily/H1/M15 , They all show buy confirmation
EUR/USD: Bullish Falling Wedge Breakout Towards TargetLet’s analyze the 1-hour candlestick chart of EUR/USD (Euro / U.S. Dollar) on TradingView, published by GoldMasterTraders on April 2, 2025, at 19:04 UTC. The chart highlights a trading setup based on a Falling Wedge pattern, indicating a potential bullish breakout. I’ll describe the chart pattern and the trading setup in detail.
Chart Pattern: Falling Wedge
Pattern Description
Type: The chart identifies a Falling Wedge pattern, which is a bullish chart pattern that typically signals a reversal or continuation of an uptrend. A Falling Wedge forms when the price consolidates between two downward-sloping trendlines that converge over time, with the upper trendline (resistance) sloping more steeply than the lower trendline (support).
Appearance on the Chart:
The Falling Wedge is clearly marked with two converging trendlines:
Upper Trendline (Resistance): Connects the lower highs, sloping downward.
Lower Trendline (Support): Connects the lower lows, also sloping downward but at a less steep angle.
The pattern began forming around March 19, after a sharp decline from 1.9400 to 1.8700, and continued until the breakout on April 2, 2025.
Breakout Direction:
Falling Wedges are typically bullish, meaning the price is expected to break out to the upside. The chart shows the price breaking above the upper trendline of the wedge around April 2, 2025, with a strong bullish candle, confirming the breakout.
The breakout level is around 1.90840, and the price has moved slightly above this level, closing at 1.90864 at the time of the chart.
Key Levels and Trading Setup
1. Support Level
A horizontal support zone is marked around 1.90730 (approximately 1.9070–1.9080).
This level acted as a base during the wedge formation, with the price bouncing off this zone multiple times (e.g., on March 23 and March 30).
The support level aligns with the lower boundary of the wedge, reinforcing its significance as a key area of buying interest.
2. Resistance Level
A resistance zone is marked around 1.92000 (approximately 1.9190–1.9210).
This level corresponds to a previous high reached on March 19, before the wedge formation began. It represents a significant barrier where selling pressure previously emerged.
After the breakout, the price is expected to test this resistance as part of the bullish move.
3. Target
The target for the breakout is projected at 1.92110.
This target is likely calculated by measuring the height of the wedge at its widest point (from the highest high to the lowest low within the pattern) and projecting that distance upward from the breakout point.
The chart indicates a potential move of 0.00435 (0.40%), which aligns with the distance from the breakout level (around 1.90840) to the target (1.92110).
4. Stop Loss
A stop loss is suggested below the support level at 1.90730.
This placement ensures that if the breakout fails and the price falls back into the wedge, the trade is exited with a manageable loss.
The stop loss is just below the breakout level (1.90840), with a distance of approximately 0.00110, representing the risk on the trade.
Trading Setup Summary
Entry:
The setup suggests entering a long (buy) position after the price breaks out above the upper trendline of the Falling Wedge, which occurred around April 2, 2025. The breakout is confirmed by a strong bullish candle closing above the trendline at approximately 1.90840.
Stop Loss:
Place a stop loss below the support level at 1.90730 to protect against a false breakout or reversal. The distance from the breakout level (1.90840) to the stop loss (1.90730) is 0.00110, or about 0.06% of the entry price.
Take Profit/Target:
Aim for the target at 1.92110, which is near the next significant resistance level. The distance from the breakout level to the target is 0.01270, or a 0.40% move.
Risk-Reward Ratio:
The risk is 0.00110 (from 1.90840 to 1.90730), and the reward is 0.01270 (from 1.90840 to 1.92110), giving a risk-reward ratio of approximately 11.55:1 (0.01270 / 0.00110). This is an exceptionally high risk-reward ratio, making the setup very attractive, though traders should ensure the breakout is well-confirmed due to the tight stop loss.
Additional Observations
Price Action Context:
Before the wedge formed, the price experienced a sharp decline from 1.9400 (March 13) to 1.8700 (March 19), indicating a strong bearish trend.
The Falling Wedge represents a consolidation phase within this downtrend, and the upside breakout suggests a potential reversal or at least a corrective move higher.
Volume and Momentum:
The chart doesn’t display volume or momentum indicators (e.g., RSI, MACD). However, a typical confirmation of a Falling Wedge breakout would include:
An increase in volume on the breakout candle, indicating strong buying interest.
Bullish momentum signals, such as an RSI above 50 or a bullish MACD crossover.
Traders might want to check these indicators for additional confirmation of the breakout’s strength.
Timeframe:
This is a 1-hour chart, so the setup is intended for short-term trading, with the target potentially being reached within a few hours to a day.
Market Context:
EUR/USD is influenced by factors like U.S. dollar strength, Eurozone economic data, and interest rate differentials. A bullish move in EUR/USD could be driven by a weaker dollar (e.g., due to dovish U.S. economic data) or positive Eurozone developments.
Conclusion
The TradingView idea presents a bullish setup for EUR/USD based on a Falling Wedge pattern on the 1-hour chart. The price has broken above the wedge’s upper trendline, confirming a bullish move with a target of 1.92110. The setup includes a stop loss at 1.90730 to manage risk, offering an impressive risk-reward ratio of 11.55:1. Key levels to watch include the support at 1.90730 and the resistance at 1.92000. Traders should consider additional confirmation from volume and momentum indicators, as well as broader market conditions, before executing the trade. Since this chart is from April 2, 2025, market conditions may have evolved, and I can assist with searching for more recent data if needed!
EURUSD: Forming long term top inside 5 days.EURUSD is bullish on its 1D technical outlook (RSI = 59.837, MACD = 0.006, ADX = 25.790) as since last Thursday it is rebounding on the 1D MA200. This is a perfect repetition of the September 2024 Double Top and right now we are on the final mini Channel Up, which inside 5 days priced that past top. Consequently we are prepared to turn bearish by halfway next week and aim for the S1 initially (TP = 1.0400).
See how our prior idea has worked out:
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EUR/USD: Still in Distribution Phase
The pair remains within Wave 4, which is likely unfolding as a sideways correction — possibly a triangle (cT, bT) or flat (FI, EFL, RFL, or d3).
Once the final leg down completes, I expect an impulsive Wave 5 — a culmination move — with upside potential toward the 1.10–1.12 zone.
Let’s see how it plays out.
EURUSD:The euro is facing a "battle at key resistance levels"The EURUSD exchange rate continues its rebound momentum. Although the weak inflation data in the eurozone has strengthened the market's expectation of an interest rate cut by the ECB, the US dollar has weakened due to the risk - off sentiment triggered by Trump's tariff remarks, which has become a key factor supporting the short - term upward movement of the euro.
We can focus on the initial resistance level of 1.0880 above. If this level is not breached, one can attempt to short at high levels.
Trading strategy:
Sell@1.0880
TP:1.0780
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Buy setup - limit order wait for pull back
Analysis
Bias: Bullish with caution
Market Structure:
The EUR/USD pair is currently trading at 1.0821, showing bullish price action in the most recent days after a period of decline. Looking at the 4-hour chart, we see a strong upward move in early March followed by a correction and consolidation phase. The price is now attempting to form higher lows after reaching a recent bottom at around 1.0740.
On the 1-hour chart, the price has formed a series of higher lows over the past 2 days, suggesting some bullish momentum building. However, the overall structure shows range-bound movement between approximately 1.0740 and 1.0850.
The 15-minute chart confirms the short-term bullish bias with recent candles making higher highs and higher lows.
Key Levels:
Resistance: 1.0850 (recent swing high)
Support: 1.0740 (recent swing low)
Immediate resistance: 1.0830
Trade Setup
Entry: Limit order at 1.0800 (pullback to retest broken minor resistance)
Stop Loss: 1.0765 (35 pips below entry, below recent structure low)
Take Profit (TP): 1.0850 (previous resistance level)
Extended Take Profit (TP2): 1.0900 (psychological level)
Order Type: Limit order
Rationale:
The market is showing signs of bullish momentum, but we want to wait for a pullback to a better entry price rather than chasing the current move. The 1.0800 level has acted as both support and resistance in recent price action. A pullback to this area would provide a better risk-to-reward ratio.
If no pullback occurs and price continues upward, consider an alternative entry on a clean break and retest of the 1.0850 resistance level, with stop loss 35 pips below that entry point.
Alternative Scenario:
If price breaks below 1.0740 convincingly, the bullish bias would be invalidated, and a bearish setup could emerge. In this case, wait for a potential short opportunity after a retest of the broken level.