One more Low then interest rate cut bring it for last time high and then it shoots down with nfp tomorrow
Elliot wave theory, we are currently in wave five. This could be the longest wave. We know there is an end to this and it will happen at the pick of wave five. Looking for pullback to enter long, for today and tomorrow until ecb decision
Dear Traders, You know how much I have been trying to find a the new descending channel. It actually been formed already and we are waiting for the last confirmation. One guy from minds published something similar and I got inspired.
Ascending channel lowest border is been hit for second time. If there is a time to buy, is now.
Hello Traders ! Bullish scenario is continuing. I was ready to close my buying position until the descending middle line of the channel is finally broken. We are going full force to around 1.1
So guys EURO still shows strength and I am looking to find the descending channel formed with all this lower lows in each consolidation phase this is my final set up. Share with me your thoughts.
Channel respected continue bullish move Rsi overbought retest 4h and up
Hello Traders. after one week of patiently watching eurusd trying to break above 1.08 and didn't make it we can expect a fall were more liquidity exists. First tp 1.0725 second tp 1.068. We are right now on the top side of the descending channel and we have a strong descending 4h head and shoulders.
1.065 we have weekly support plus middle line of the channel plus diagonal line. We are going to have some support before going down to 1.05
Hello Traders! This is going further south to 1.0665. That's the regional bottom and middle line of channel
Hello Traders ! This is my setup for today. I have seen this before and I feel confident about it.
Hello traders ! We had an unexpected uptrend and I think we might need to wait a bit more before shorting.
Good evening, this is the weekly Setup. Sellers are strong. Looking for a nice spot of reversal
Descending channel formed. Small trade. Good buy opportunity till 1.0835
EURUSD has shown a strong support on 1.0835. Today morning descending channel was broken for a bit and then fall back down to confirm support. Right now it coincides with the middle line of channel, which makes it even more possible for reversal.
Hello Traders. RSI on 4h and D is still maturing on bulls. Major channel broken and confirmed. I believe EURUSD has still way to go higher. My only concern is the might of the US Dollar, which seems to be impeachable. share your thoughts with me I am open to discuss this setup.
USDJPY failed to break above. Negative channel is formed. Expecting to see it going ad low as 146.
Hello Traders. As you can see we are still in an ascending channel. We are also on the outer side of the descending channel. RSI is oversold way too much. I am waiting for MACD to turn around to buy more.