Eurusdshort
Price could go bullish as my idea.It is true that not every trade is a winning trade things could be changed in a seconds here. We could only predict what could happen next, as my system suggests that the super trend is continue bullish and it broke the current resistance level the EURUSD could go upwards and comes again making a new support here or it could comes to the previous resistance level to make it support again.
EURUSD - Expect AMD Pattern ✅Hello traders!
‼️ This is my analysis on EURUSD .
Here we can see the AMD pattern, as price now accumulates and I expect it to manipulate sell stop liquidity and fill that imbalance lower and then to distribute higher.
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EURUSD BREAD AND BUTTER SETUPThe DXY is showing signs of getting back to the races , while the fIber is clearly frail.It has been on a week long consolidation which is likely pointing to the pair distributing to go lower.
Last week price had tapped into a daily rejection block from midyear as well as flashing with another key premium being the yearly low from 2020.These are strong lecvels that are likely going to offer resistance .
From my analysis i took a fib and marked the 50% level of the hourly rejection block for a much refined entry that offers a higher risk to reward ratio.All i have to do now is wait for price to tap into my slaughter house.:-)
EURUSD short analysisHello EMKioko followers,
Look at eurusd trading within a box. Yesterday's candle also closed bearish. This candle single-handedly nullifies potential buys for today.
HOWEVER, if todays candle continues its bullish movement, we hope it doesnt go above 1.0665-ish. If it so happens then we have a new high so we start looking for buys.
If the previous two candle's high holds we anticipate short signals.
EURUSD - Sell- Target 1.03891,1.02395 From Quarter, Monthly, Weekly Point of View, the price consolidation occured because its already on its Resistance Area.
The High and the Low of Quarterly Timeframe already formed.
From Quarter TF, already reach R2.
From Monthly TF, already reach R2.
Even From Weekly TF, already reach R4.
From 3 perspective multitimeframe, the price is already overbought and so far from its pivot.
I expect the price will drop very soon to Weekly Pivot (1.03891), or if the drop continues will be able to reach the Monthly R1 (1.02395), if the price reach this area, you can TP and buy.
But now, Sell.
EUR/USD: ascending triangle patternHello guys.
How it's going today?
EUR vs USD created ascending triangle pattern in H1 timeframe. But we need compare it with the bigger timeframes also. In H4, EURUSD wanna break trendline and want to go downside. In Daily timeframe, it show us strong level between 1.0636 and 1.0776.
Now, what will think for further analysis? Let's research now.
Strong pattern is ascending triangle. It supports by breaking trend line in H4 also. This situation is a simple reminder for jumping up. But we should remember that EURUSD is high volatile pair and any fundamental or technical news can affect it positively or negatively.
In my opinion:
EURUSD will break trendline in H4, follow strong barrier in Daily timeframe. We can put:
SELL LIMIT at 1.0733
TARGET 1.0405
STOP LOSS 1.0805
or
SELL STOP at 1.0560
TARGET 1.0405
STOP LOSS 1.0743
These are only forecast. Do not forget to use SL in own trading. Trading without stop loss and bigger lots can cause heavy losses.
Good luck!