USDEUX trade ideas
EURUSD Good sell opportunity on this short-term rejectionThe EURUSD pair got an initial rejection near its 2-month Higher Highs trend-line with the 4H RSI an a Bearish Divergence (Lower Highs) since April 03.
The last pull-back was -2.31% and made double contact with the 4H MA50 (blue trend-line) before rebounding. In fact all Higher Highs rejections hit at least he 4H MA50 before rebounding.
As a result, we see a strong short-term sell opportunity now, which even though could technically reach 1.12150 (-2.30% drop), it is advised to take profit once contact with the 4H MA50 is made.
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GBPUSD and EURUSD 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..1h chart pattren..I'm planning a buy trade for EUR/USD at an entry point of 1.10530 with the following target points:
First Target: 1.10940
Second Target: 1.11470
Considerations for Your Trade:
1. Entry Point: 1.10530 โ Make sure that the market conditions are favorable for the move. It's important to confirm that there is enough momentum to push the price up.
2. Target Points:
1.10940: First target is a reasonable price level for an initial profit-taking point.
1.11470: This level seems to be a continuation of the bullish move, assuming the market stays strong.
Important Factors:
Risk Management: Ensure that you have a stop-loss in place in case the trade doesn't go as expected. Ideally, your stop should be placed below a recent support level to minimize losses.
Trend Analysis: Look at the broader trend for EUR/USD (is it trending upward, or are there signs of a reversal?). This can help confirm whether your targets are realistic.
Economic Events: Watch for any Eurozone or U.S. economic data releases (e.g., ECB or Federal Reserve announcements) that could impact EUR/USD.
If youโd like more analysis or further assistance with the trade setup, feel free to ask!
EURUSD TECHNICALS & FUNDAMENTALS๐งฑ Wave Structure & Pattern
Wave (1)โ(5) structure is complete with strong impulse.
Wave (5) looks extended with a steep angle โ could mean temporary exhaustion before a pullback or sideways correction.
Volume surged heavily during Wave (5), suggesting high participation and buying climax potential.
โ๏ธ Key Levels:
Current Price: ~1.1394
Support Zone: Around 1.1300โ1.1250 (previous resistance = now support)
Next Resistance Levels:
Minor: 1.1450
Major: 1.1600 (psychological and historical)
๐ Trendlines:
Clear rising trendline support from late January โ keep an eye on any break below for early reversal signs.
A healthy retest of the 1.1300 zone could offer a long re-entry if bullish structure holds.
โ ๏ธ Risk Watch:
After a 5-wave move, expect either an ABC corrective phase or a consolidation range.
Donโt get faked out by small pullbacks โ corrections are normal after strong impulses.
๐ง Fundamental Analysis
๐ฐ Key Drivers Today:
๐บ๐ธ U.S. Data / Sentiment:
Retail Sales (March) โ stronger data could push the USD higher, putting pressure on EUR/USD.
Fedโs rate outlook: any hawkish hints from FOMC speakers or stronger data can boost USD.
๐ช๐บ Eurozone Factors:
ECBโs recent dovish pivot is in focus.
German ZEW Economic Sentiment release is coming โ a major sentiment mover.
Slower EU inflation data may keep ECB from tightening further, limiting euro upside unless the dollar weakens.
๐ธ Bond Yields & Dollar Index (DXY):
Rising U.S. yields or a DXY bounce could be a headwind.
DXY is hovering at key support โ a rebound could stall EUR/USD's rally.
๐ Sentiment Overview:
Short-term: Bullish, but approaching overbought.
Medium-term: Cautious bullish โ possible retest of support before continuation.
Macro: Dependent on U.S. data surprises and ECB tone.
๐ Summary & Strategy Thoughts:
Bias Levels to Watch Trigger Idea
โก Bullish Break above 1.1450 Target 1.1600 if dollar weakens further
โ ๏ธ Neutral / Pullback Retest of 1.1300โ1.1250 support Buy-the-dip zone if trendline holds
๐ป Bearish (Short-Term) Break below 1.1250 Possible deeper correction toward 1.1100โ1.1050
Skeptic | EUR/USD 4H Range Breakout: Key Long & Short TriggersEUR/USD on the 4-hour timeframe is currently trapped in a consolidation box, where a breakout above the ceiling or below the floor could provide excellent trading opportunities. Iโm Skeptic , and in this analysis, weโll dive into EUR/USD across multiple timeframes to identify key long and short triggers. Stick with me until the end for a complete breakdown! ๐
Daily Timeframe: Uptrend Context ๐ข
On the daily chart, EUR/USD remains within an uptrend channel , maintaining a bullish major trend. Recently, after hitting the channelโs upper resistance, the pair corrected toward the midline, a critical support zone within the channel. However, the reaction at the midline lacked strong bullish momentum, leading to a 4-hour range consolidation . This could signal the end of the correction, potentially setting the stage for a continuation of the downmove toward the lower channel boundary.
4-Hour Timeframe: Range Dynamics ๐
On the 4H chart, EUR/USD is oscillating between 1.13904 (resistance) and 1.13153 (support) . A key observation: after the initial bounce from the 1.13153 support to 1.13904, subsequent tests of this support failed to push back to 1.13904. This indicates waning buyer strength at the 1.13153 support, increasing the likelihood of a breakout below. Additionally, while bullish candles in this range are larger, weโre seeing smaller, frequent green candles, suggesting buyer exhaustion within the box.
For traders eyeing a short setup , this weakening support at 1.13153 offers a compelling opportunity. You can take on slightly higher risk by placing a sell-stop order below 1.13153 instead of waiting for a confirmed breakout candle (this is my personal approach). A short trigger would be validated by a break below 1.13153, with RSI entering oversold as a strong confirmation. Short targets: 1.12692, with a potential extension to 1.12006.
For a long setup , a breakout above 1.13904 could signal a resumption of bullish momentum, targeting the upper channel boundary on the daily chart. Wait for a confirmed breakout before entering long to avoid false signals.
DXY Correlation: Additional Confirmation ๐
Letโs also consider the US Dollar Index (DXY). After a recent rally, DXY has entered a time-based correction, visible as a pullback to a descending yellow trendline. A break below DXYโs support at 99.195 would reinforce our EUR/USD long setup, while a breakout above the trendline and 99.876 would strengthen our EUR/USD short setup. Both scenarios offer sharp price movements with attractive risk-to-reward (R/R) ratios, making these triggers highly actionable.
Final Thoughts ๐
Thanks for joining me in this detailed EUR/USD analysis! Iโm Skeptic, and I share daily forex and crypto insights. If you found this useful, please follow for more content! ๐ฅ
EURUSD 28/4/25We've had a shift in bias from bullish to bearish. In the short term, we're anticipating a push to the downside, with the possibility of a continuation in the higher time frame bullish direction. As always, we let price lead the wayโand right now, itโs suggesting further downside movement.
There are three major liquidity highs above the current price and three major liquidity lows below. If price reaches the highs first, weโll look to sell from that level. This gives us a favorable entry point.
Price is currently consolidating, so wait for a clear expansion before taking action. If you're trading with the Orion mid- and lower-time frame system, this setup could be ideal given where we are in price structure.
We may see movement in either direction, which is necessary for price to reach our targets or trigger entries. Stick to your risk parameters and follow your trade plan let Orion lead the way!
EURUSD April 28 Trade Executed EURUSD
April 28
Trade Executed London 2 Macro
Asia expanded to create minor equal highs at the .70level and lowered not taking the equal lows I was suspecting Price would take in Asia. Price rallied to minor equal highs, to create a wall of equal highs at 1.13809.
1:30 price starts to break down.
Trade logic
In Asia GU took its equal lows and DXY just barely took its equal highs. With EU not taking its equal highs at 1:30 I started to hunt anticipating a short.
while my model is liquidity taken the other pairs were tipping there hand a short was in play.
I was watching how price was reacting in inefficiencies highlighted in yellow. Leaving it not rebalanced and Price unwillingness to rebalance the buy side FVG also led me to think a short was in play.
1:36 lowers creates a FVG
1:48 comes up to test first presented FVG
I admittedly stalled here until had more info
DXY candles gave me confidence that it would run its equal highs, so I could short
2:00 entry on the .79 level
3:00 exit on first target of equal lows
First 10 lot trade which is 1%. WOW.
I feel very good about this trade. With the combined study of GBP and DXY it gave me confidence to press the button. Rinse study and repeat!
EUR/USD SELLERS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
Bearish trend on EUR/USD, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 1.103.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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EURUSD time for correctionMonthly
On the monthly timeframe, we came to the Premium zone and captured Monthly Fractal High, where previously there was predominance from the sell side.
Weekly
Price has formed a Weekly FVG, indicating strong dominance from the buy side. However, it is important to understand WHERE this has led us ? The current quotes are interesting for sellers. Hence, we should assume that the price may receive a counter offer from the sell side. It is logical to assume potential points A and B in this context.
Daily
Price has formed primary signs of change in the price delivery state:
- Bullish PD Array disrespecting
- BISI forming
- CISD forming
All this indicates a shift of initiative to the selling side, so it is logical to expect a continuation of the downward movement after interaction with the marked PD Array.
Also, I would like to draw your attention to the fact that the price is within the Inside Bar for the 3rd day already. This means that recently the price has been held within the same values, which indicates a balance of power between buyers and sellers at the current quotes. In such a situation, all we have to do is to find the optimal area to continue the downward price formation.
EURUSD below its 4H MA50 signals more selling.The EURUSD pair broke last Wednesday below its 4H MA50 for the first time since the start of April and is now consolidating under it. Within its 3-month Channel Up, this has always been a signal of more downtrend to come as it was technically halfway through the Bearish Legs of the pattern.
Given that the 4H MA200 (orange trend-line) is the medium-term Support, our Target is at 1.12500, just above the Internal Higher Lows trend-line. Check also the 4H RSI sequences between these 3 Bearish Legs. It is exactly ranging between the levels it did half-way through those Legs.
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Why does it always go against you? You might be new to trading, you may have several years of experience. But, where a lot of people still seem to go wrong is in not realising the relationships.
I have posted hundreds of educational posts here on Tradingview from cartoons, trying to simplify techniques through to market relationships between technical systems such as Elliott Wave and Wyckoff.
Many new traders fall foul of social media posts covering "SMC - Smart Money Concepts" and are not seasoned enough to appreciate what or why these can work for some and not for others.
You have Elliott Wave traders, there is a saying along the lines of "if you put 10 Elliott traders in a room searching for a wave count you will come out with 11 different answers"
This isn't to say Elliott doesn't work, nor Smart Money.
The market seeks liquidity, it forms seemingly complex patterns that humans try to make sense of. We are great at that, seeing patterns even if they are not there. - Look, there's an upside-down butterfly 1.618 extension!
First, you need to appreciate Elliott Wave counts on smaller timeframe are pointless, especially in the age of algo's and bots. However, sentiment on the larger timeframes can't really be spoofed.
In this first image; you can see a market wave that is straight out of a textbook.
Let's also add some Wyckoff; if you were to visualise this - Wyckoff schematics would be visible on smaller timeframes, the Green boxes represent accumulation and the Red show distribution.
Let's overlay and Elliott Wave count -
Take that to the next level, this count is only part of a higher fractal count.
How does this fit into smart money concepts? well, it's more like - How does Smart Money fit into this?
Elliott waves and Wyckoff have been around for over 100 years. Many of the techniques shown on YT video's today can be traced back to these older concepts.
Now, if you can see how a 1-2 EW count pushes up for a 3. You can zoom in again and start to see what to expect when trading using SMC.
In this image you can see a drop, then a gap as price pushes back up (I haven't bothered drawing wicks for simplicity assume their inside the box)
Many traders would now anticipate a move that looks something like this.
Only to see price do this
Yeah - you're not the only one!
The next issue is where and how Supply and Demand is drawn.
Ok, the gap didn't hold, it must be the demand level there. GO AGAIN!!!
How did that play out? Trade 1, Trade 2 =
What about now?
Price holds the support
This time you are afraid to go in. Then one of two things happens.
1)
Or
2)
In the first image, we can see a sweep of prior liquidity and that creates momentum for a move up. In the second image, price simply melts away.
This is an easy fix. It all comes down to understanding what the charts are trying to tell you.
People love to talk about how "Smart Money" is the banks and institutional players - how they are playing against you on every click of the button.
The truth is, most people don't understand the market.
When larger players enter the market, the can leave a pretty obvious footprint. In addition to that - they leave behind orders they had but were unable to fill. These orders they will be defended with even more buying or selling (if they need to), and this is the premise for a rally and pullback or a drop to pullback.
Now, visualise a 1-2 Elliott Wave move. Why do you think 2 often comes back so deep?
What would you expect the move from 2-3 to do?
Powerful push, yes?
In this image, the move that created demand is simply the opposing colour candle before the power play. The significant move pushed up (showing institutional involvement). Hence, a location they will likely defend.
In addition to the push up, they pushed with so much money - it created a natural gap.
This type of example doesn't always have to be a power play 1-5 up, it could be visualised on pullback moves too.
Here's a great example recently on Euro.
The demand candle 'buy before the sell" is clearly targeted on the way up. Price fails to close above it, drops, goes back to retest - sweeps and drops. If you were to zoom in you will see on smaller timeframes evidence of a Wyckoff schematic with a UTAD.
Add a volume profile there.
As the price breaks above, after it's pullback you can see an acceleration in price and of course the area has the PoC.
Back to where people go wrong.
They will see this GAP created and assume price will come back here to reject and go. However, look closer and the demand that started the move is very near that gap.
Where is the juicy liquidity? PoC is another little clue.
Let's take this to another level.
In this image I have a range, using the prior high just to give the example in this post.
We are in an uptrend = we just broke the high, we expect a Pullback. Where would that likely target?
Zoom in again. This time I have added a fixed range volume tool.
What do you know?!
Anyways, once you get a handle on the bigger picture and understand the relationships, you can zoom into any timeframe you like - the game is always the same.
Have a great week all!
Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principal trader has over 25 years' experience in stocks, ETF's, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
EurUsd- Pay attention to 1.1310Recap:
As discussed in last week's update, EURUSD bulls started losing momentum, and a correction became likely.
Current situation:
โข The move from 1.1400 to 1.1577 appears to have been a blow-off top.
โข Price is now stuck in the middle of the range, showing signs of weakness.
Key level to watch:
โข 1.1310 is critical support.
โข A confirmed break below could open the path toward the 1.1100 area.
Trading plan:
โก๏ธ I am closely monitoring the 1.1310 zone for a potential breakdown and continuation lower.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
EUR/USD โ Symmetrical Triangle Breakout Imminent
EUR/USD is currently consolidating within a symmetrical triangle, indicating potential for a strong breakout. Price action has tightened, and a decisive move is expected soon.
โข Bullish Scenario: A breakout above the triangle resistance could trigger a move toward the key resistance zone at 1.15183.
โข Bearish Scenario: A breakdown below the triangle support may lead to a decline toward the green demand zone between 1.12500โ1.13000.
Key Levels:
โข Resistance: 1.15183
โข Support: 1.12500โ1.13000 (Demand Zone)
โข Deeper Support: 1.11321
Upcoming economic events (EUR and USD news) may increase volatility โ wait for confirmation before entering trades. Watch for volume spikes and strong candlestick patterns to confirm the breakout direction.
Trade Idea:
โข Buy on bullish breakout retest
โข Sell on bearish breakdown retest
Disclaimer: This is not financial advice. Always manage risk accordingly.