Eurusdtradeidea
EURUSDThis pair has formed an ascending channel with a 3 touches which means its a valid channel
so now we're waiting for a candle to close below the third and last touch to confirm the change of direction
But personally I prefer to wait for a trendline retest after breakout to enter the trade with a better entry point
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EURUSD top-down analysisHello 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.
EURUSD top-down analysisHello 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.
EURUSD Trading Plan - 12/Feb/2023Hello Traders,
Hope you all are doing good!!
I expect EURUSD to go Down after finishing this correction.
Look for your SELL setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
EURUSD BUYWe are Buying EURUSD to Our Sell Zone, if you followed My EURUSD Sell Analysis I posted 3 minutes Ago you would Understand what I mean, So we are Waiting for price to create HH & HL before we Take Our Buys Buying Pips 135 pips. I already Explained everything concerning EU on my Sell Analysis please do check it out so you could get everything thanks
EURUSD SELL EURUSD so basically we would be more focused on the Sell Movement which is over 300 pips plus have been studying EU for the pasted 3weeks now and it is safe to say I finally got my Proper Confirmation on EURUSD, based on my Top down analysis EURUSD on the Monthly time frame rejected the Monthly and Weekly resistance zone / area then Leaving us with a good Choice on Making proper use of our fib, so how ever breaking it down to the Daily and H4 we noticed EU broke a Massive Buy Trend line then rejected the Weekly resistance lvl on the D1 and H4, so with that being said we would be waiting on price to test our sell zone before taking EU trade.
I might likely drop a Buy Analysis too buying to our sell Level.
Thanks guys drop a Comment and let me know what you think your comments are very important guys.
EurUsd in a very important pointI state this for quite some time: "The EurUsd trend, in the long term, is bearish, and considering fundamentals, will remain so for quite some time and the recent 4 months rise is in fact a correction to this multi-year bearish move".
This will remain my idea as long as we are working with these fundamentals (and FED pausing at 5% or close to this figure doesn't mean a change)
Technically speaking, last week we had a very strong reversal from above 1.1 and this could mark the end of this interim up trend.
In the shorter term, the pair is trading now exactly in confluence support given by the rising trend line and the horizontal 1.07 support and a break down seems very close.
In such an instance, 1.05 support is exposed.
Anyway, even in a shorter term (1-2 weeks) EurUsd is very bearish as long as 1.09 remains the ceiling
EURUSD: Forex Pair 4H TF Market OutlookThe EURUSD shows bearish trend on 4H timeframe, with anticipation of price hitting support at 1.07208/1.06700, potentially leading to reversal and head/shoulder formation at 1.09055. Possibility of minor support hit at 1.07208/1.06701. Market volatility may be affected by Powell's speech and EU Economic Forecasts, hoping for a positive outlook.
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