EURUSD don't miss this BUYHi fellow traders, expecting one more wave down on the DXY and thus one more wave up on EURUSD as it is the inverse chart.
It should resume the uptrend from the blue box after this large ABC structure has completed. Of course it won't go up in a straight line but UP is the direction for this pair. Goodluck!
Eurusdlongsetup
EURUSD Long ViewEURUSD is falling in a downtrend
And the pair has already lost almost 9% from the local highs
Which is a LOT for such a major pair, especially given
That the bulk of the action happened in the last few weeks
So the pair is locally oversold
And I think that those who are in the short trades
Are looking for a level at which to close their positions
At least partly, and the first strong structure is around 1.1179
EURUSDAs I said last weeks ... EURUSD continued to make range in the area I told you about!
in the next period ... even if maybe it will test the 1.16600 area, I will look for SELL towards 1.14760 or even 1.14
THIS WEEK...as I said last week the EU went down and closed the week under strong resistance from 14,800!
this week I will expect a strong pullback move of 60-80 pips and after .... DOWN AGAIN
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GREAT ATTENTION:
*This information is not a Financial Advice.
EURUSD: WHERE IS THE NEXT????? - EducationIf you find the low TF. it seem will Long..
But beware. I think Fib 0.236 can't breakout.
It will looking for confirmation for Breakout the pattern
and create Head and Shoulders Patter in Small TF
In Other side we see that breakout the green line.
Watch the DXY if you want to make decision.
Hope this idea can help you.
Comment below here for any idea, glad to hear that
EURUSD BUY TRADES TAKEN!I'm struggling to speak tonight ahah.. but just wanted to share my thoughts on EURUSD at the moment, we are starting to see price reject that support once again so I have taken long trades. I like to trade pretty aggressive so keeping stops nice and tight and moving them once in a few pips profit, this can stop you out at break even a few times but its where I find my best entry points.
Trade setup - BUY EURUSD pitchfork extensionWe are including fresh BUYS in our quest to target 1.2000 big figure. The pitchfork construction is respected by EURUSD price movement and we will keep a big TARGET on this trade. Entry 1.1615 to 1.1950 and beyond.
Only for traders with big heart, mindset, patience and good money management skills.
Small time traders and gamblers who criticize all the time are kindly requested to stay away from this trade setup.
EURUSD LONG - Eyeing rejection at bottom of the Trading RangeHello everyone!
EURUSD
BUY LIMIT @ 1.15332
Stop Loss: 1.15218 (Add Spread)
TP 1 (1R): 1.5443 (Scalp TP or 20% partials & Stops to BE)
TP 2 (3R): 1.15670 (30%)
TP 3 (5R): 1.15896 (50%)
TP 4 (10R): 1.16463 (10%)
Explanation: Looking for price to move to the downside earlier on in the week to test Thursday and Friday bullish price action. I suspect the market will come to the area marked and bounce.
EURJPY on Mini RetracementGreeting Fellow Trader
Market Phase
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Overal is on Uptrend by seeing that the previous hi had been break by current swing hi
Wave Identification
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Currently retracement wave is possibily over by forming of double bottom at level 0.618 Fibo D1
Signal Entry
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No signal had been generated, however there is Rally Base Rally had been formed Up as per attach box picture
Awaiting for price to make mini retracement. Some may set Limit Order some may wait for confirmation
Our Plan, INSHAA ALLAH
DAILY MARKET BRIEFING; EUR/USD ANALYSISDAILY MARKET BRIEFING; EUR/USD TECHNICAL ANALYSIS
September 23/2021
The EUR/USD had a complete move towards the August 23rd lowest support area as negative economy reports blazed from the side of the EURO zone earlier in the last trading hours. It was not long ago when the expected interest rate hikes took charge of the market sentiment. Yet, the government speeches at the FOMC reassured the expectation of the market participants to come to a hawkish fed monetary policy, conclusion.
While on the negative side of the EURO report from the fundamental economy update claims that
The German manufacturing purchasing managers index (PMI) had an expansion in a report of 58.5 although the previous reading of the PMI data was at 62.5 economic analysts predicted a forecast of 61.5.
The German services PMI also fell from a previous reading of 60.8 to 56.0. Also, The European service PMI went negative.
According to an economy report from Reuters, The dollar chop down across the board on Thursday as enhanced risk emotion in global financial markets wiped out its gains in the previous day after the U.S. Federal Reserve flagged plans to dial back its stimulus this year.
Trading recommendations, in general, the market tends to have a bullish trading bias hence the further movement of price to the upside could be welcome in the market
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