EURUSD_SHORT: PRO TREND&NO CONFIRMATION+M -W
+-D: Daily Range Since Jan '23. Now At Demand:
1. Small Bounce - Then Bearish
2. Continue Down - Then Continue Bearish
(Waiting On D)
-4H At Demand
+1H
GOING COUNTER 1H TREND PRO HTF TREND
USDEUR trade ideas
EURUSD_LONG: AGAINST TREND - SHORT TERM+M -W
+-D: Daily Range Since Jan '23. Now At Demand:
1. Small Bounce - Then Bearish
2. Continue Down - Then Continue Bearish
(Waiting On D)
-4h At Demand
+1h AT CHoCH - LONG SHORT TERM.
eurusdEURUSD ( Euro / U.S Dollar )
Rising Wedge as an Corrective Pattern in Short Time Frame
Demand Zone
Break of Structure
Completed " 12345 " Impulsive Waves
Order Block
Retracement in EURUSDSince the start of the week, EURUSD has been in a pullback phase following the U.S. elections.
Yesterday, it reached the 38.2% Fibonacci retracement level and held at that area.
The next key resistance is the previous high at 1,0610, with the 61.8% retracement level located at 1,0705.
Keep an eye on price reactions at these levels for potential new entry opportunities.
30 RR EURUSD Pre-MarketHeavy Rejection off VWAP
-6E High of day Sweep
-Hook liquidity grab at end of Asia
-Large volume profile imbalance
-Bearish market structure
The SL is literally tight enough to be spread - best for ECN. If not use around 6PIP SL
EURUSD H4 | Bullish Reversal?Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 1.0516, which is a pullback support close to 23.6% Fibo retracement.
Our take profit will be at 1.0606, an overlap resistance.
The stop loss will be placed at 1.0434, which is an overlap support level close to 61.8% Fibo retracement.
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EURUSD : Broken DThe chart above explains.
My charts are straightforward. So there isn't much to talk about. But TV insist that I write something or else it would not publish.
TV also offers me many 'trading tools' - of course, I have to pay. But the thing is that I have no use for such tools. So in the end, I use it for FREE
Thank you TV.
#EURUSD - 28112024I was bullish EURUSD yesterday and it made a good up move, without a dip though. Price just based near the PZ and just rallied higher and is now pausing at the strong level. Overall, I see EURUSD has the potential to move higher to 1.0660 before a rejection and move lower.
The situation now is that EURUSD has sold down greatly but now looked to have bottomed based on the near term price action. Counter trend it might be, there is nothing bearish at the current moment. Short term overbought, might get a pullback; if so, 1.0500/12 will be good level to look for longs for a move higher.
EURUSD: Corrects After False Breakout Before Continuing DownwardFX:EURUSD rising higher based on the correlated reaction with the dollar. The currency pair is likely to test the local highs. But! Since there is scheduled news today, you must be extremely cautious...
The fundamental background remains overall very negative since Trump’s victory.
Additionally, the local downtrend is not yet over, thus providing us with the main trend to follow in our trading decisions.
From a technical perspective, as a false support breakout is forming on the chart, we should wait for a retest of the resistance areas to consider further selling attempts aimed at pushing the price lower.
Short-term levels to watch:
Resistance levels: 1.051, 1.065, 1.076
Support levels: 1.051, 1.044, 1.033
If the bears behave aggressively on the back of the news, the price will likely continue to decline from these areas.
CHART BREAKDOWN EURUSD: Key Levels, Targets and Thoughts!Brief Description🖊️:
The chart provides insights into critical market levels, emphasizing 1 essential demand zone: low-risk buy zone spanning from 1.04862 to 1.04800, respectively, is highlighted.
Things I Have Seen👀:
Important Demand Zone🟢: Identified between 1.04862 and 1.04800 serving as a low-risk buy.
Bullish Targets📈:
1.05150: Possible retracement area.
1.05350: Possible retracement area.
1.05500: Possible retracement area.
1.05650: Significant supply zone.
1.05850: Liquidity area.
What's Important Now❗
Currently, the crucial approach is to wait and observe the price action at this level. We need to assess how the market reacts before considering any decisive moves. Stay observant and responsive to real-time developments in the market.
EURUSDThe breakout was unsuccessful and the price returned to the trading range, but it has not yet consolidated.
long EURUSDThere was news today and woth that news we saw a breakout above, so for now this looks bullish.
EURUSD - SELLKey Observations:
Indicators:
RSI: Shows overbought conditions around the entry point, supporting the decision to sell.
MACD: Indicates a potential bearish crossover, further validating downward momentum.
Stochastic Oscillator: Also indicates an overbought level, strengthening the bearish case.
Chart Patterns:
A Bearish Pennant has been identified before this position. This pattern is typically a continuation of a downward trend.
There’s a rejection near the resistance zone, which aligns with the sell entry point.
Recommendations:
Monitor RSI and MACD: Any divergence or weakening bearish momentum should be a cautionary signal.
Adjust SL if needed: If the trade moves in your favor, consider trailing the stop loss to lock in profits.
Market Conditions: Keep an eye on high-impact news or fundamental factors that could disrupt technical levels.
EURUSD MMBM Model initiatedAs we see EURUSD has completed its sell move and tapped on a weekly demand I am expecting a good buy move till 1.12
EUR/USD OpportunityIn my previous trade I sold out to wait for better position as I seen it could turn down. I'm seeing consolidation on the 30 min chart and know its at the bottom of its channel. I am going to be buying back in at this point.
