price made a double top at 162.300 rejected and moved down. price bounced off 161.975 and started a retracement. price rejected off a lower tf fvg and made at double top in the fvg zone which happens to be at the golden zone. i expect price to break the 1 hr trendline fill the lower ob.
This is my Intraday analysis on EURUSD for 21 Feb 2024 W8 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bearish INT Bullish Swing Pullback Phase 3. After Bullish iBOS confirming Swing Pullback Phase started, We are expecting INT Pullback. We are currently within a...
A chart of the EUR/USD currency pair on a 4-hour timeframe. The chart displays a bearish channel pattern. Bearish channel: The price has been trading within a downward-sloping channel for some time, characterized by a resistance line at the top and a support line at the bottom. The price is currently trading at Top of channel pattern, if Breaks the Upside then...
price made a series of LH and LL resulting in a downtrend. Price recently broke out of the downtrend and made a choch and retested the OB on the 15m tf. using the taps of the trendline we can see there is liquidity over top. we can waot for a choch on 1m tf to enter.
EURUSD turned neutral technically on the 1D timeframe (RSI = 49.576, MACD = -0.003, ADX = 24.613) for the first time since February 1st which was the previous LH of the two month Channel Down pattern. It hit today the 1D MA50 in the process and got just pips away from a 4H MA200 test, a trendline that has been intact as a Resistance for almost 1 month (since...
Hello traders, I want share with you my opinion about Euro. Observing the chart, we can see that the price recently entered to downward channel, where it rebounded from the resistance line and in a short time fell to the 1.0835 resistance level, which coincided with the seller zone. After this price some time traded between this level and later rose from the...
Hello traders, My total bias on this pair is still bearish! but we can use from some bullish opportunities by considering less risking levels. The slope of red line and green line and also the slope of yellow lines are sign of weakness in downward trend. The zone was previously used by bulls to enter the market. There might be slight reactions again....
Hey Traders, in tomorrow's trading session we are monitoring EURUSD for a selling opportunity around 1.07900 zone, EURUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.07900 support and resistance area. Additionally, the recent CPI data in the US revealed a stronger-than-expected core inflation of 0.4%,...
Hey Traders, in today's trading session we are monitoring EURGBP for a selling opportunity around 0.85700 zone, EURGBP is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.85700 support and resistance area. Recent remarks from ECB President Lagarde indicating the likelihood of rate cuts have injected...
💹 Forex Quick Check: #EURUSD 📉 Trend: RANGE 🚀 Action: SHORT @ 1.07864 🎯 TP: Unspecified 🔍 Insights: Hey traders. Welcome to Anna Trade Charts. Here we had another analysis for #EURUSD. #EURUSD is in the strong down trend. Here we can see a strong bearish momentum. Also we can see that there are rejection candles too, so we can for the short position at this...
This is my Intraday analysis on EURUSD for 20 Feb 2024 W8 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m - Scenario 1 15m - Scenario 2 4H Chart Analysis 1. Swing Bearish INT Bearish INT Pullback Phase 2. After a BOS and iBOS we expect a Pullback. As expected after the Bullish CHoCH and...
The EUR/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a bullish channel pattern. This suggests a shift in momentum towards the downside and a higher likelihood of further declines in the coming minutes or hours. Bullish Channel Breakout: The price has been trading within an upward-sloping channel...
Good evening and i hope you are well. Starting today i will do weekly fx recaps/outlooks for the 3 following currencies: EUR/USD, USD/JPY, GPB/USD (will only post 1 of the 3 here on tradingview). eur/usd Let’s start off with a monthly time frame. Market is in a multi decade bear trend and struggling to find a bottom. Was the 202209 low below 1 the true bottom?...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments. Some days ago price traded near resistance level, which coincided with resistance area, but later it bounced to $1.0890 points. After this, Euro made correction, and then in a short time rose back, entered to traingle and made downward impulse. Then price entered to...
This is my Intraday analysis on EURUSD for 19 Feb 2024 W8 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bearish INT Bearish INT Pullback Phase 2. After a BOS and iBOS we expect a Pullback. As expected after the Bullish CHoCH and mitigation of 4H/Daily Demand zones, we...
Price near resistance zone. Could be a reasonable pivot are where price could test one of the few support levels below.
starting with a small position here. reasons: -divergence on the hourly -false breakout with the last low made -on smaller timeframes we are above the moving averages
Hey Traders, in today's trading session we are monitoring EURGBP for a selling opportunity around 0.85400 zone, EURGBP was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.85400 support and resistance area. Trade safe, Joe.