assuming that currently wave 3 is formed, with the theory that wave 3 is not the shortest wave, then we take the assumption that wave 3 has the same wave length as wave 1. then the wave 3 target is still a few pips away since this analysis was made. You can place a pending buy limit order at the SR Flip area in the blue box below.
EURUSD is trading in an ascending channel. The market is approaching the psychological level at 1.12000. On the 4 hourly chart, we can see the market is overbought and has an overextension. We expect a bearish move in case the market prints a false break that will indicate level rejection. ------------------- Share your opinion in the comments and support...
⚠️ Reaction from SELL Zone ..!!! 🔴 Try to SELL all the TOPS !!! 🔴 Confirmation 1.1036 zone
EURUSD is trading in an ascending channel. The market is decelerating at resistance levels, meaning candles are getting smaller. We have the channel border and the resistance level. As you can see, the strength of the bullish move is decreasing. We expect a bearish move; all confluences tell us that price could make a pullback. ------------------- Share...
In my previous EurUsd analysis I said that the pair could reverse to the upside from the important 1.0840-1.0850 support zone. Indeed, after a touch of that zone, the pair turned to the upside and managed to close last week very strong and near to 1.1 important resistance. At this moment EurUsd is correcting this up move a new leg up could follow. Short-term...
EURUSD rebounded from the support level by breaking previous highs. The market is trading in the ascending channel. It closed above the psychological level at 1.1000. Price created fibonacci inversion at the border of the channel. We expect a double bottom formation or false break at support to confirm that bears have run out of...
although the HnS pattern is formed, the price is not necessarily bearish, if you look at the a-b-c-d-e pattern that occurs, this is a complex correction. it is likely that the correction has been completed and now the price is returning to the impulse. you can take the opportunity to go long when there is a correction.
EURUSD market broke the descending channel and made a sharp bullish move following economic news. Price making higher highs and higher closes, and it's approaching a major resistance level. We expect a pullback to the support level and a long opportunity from it. Breakout, pullback, and continuation. ------------------- Share your opinion in the comments and...
6th July daily key reversal bar dictation for strength ahead for eurusd. 7th July daily insurance bar further confirmation for strength ahead. Demand zone for long 1.0900-0870. sl 1.0850, tp 1.1000 & 1.1035.
!! Jai Shree Ram !! #EURUSD This Week..EUR is Weak.. May Be a Short Entry From Pink Box to Downside Dollar Money..
EURUSD SELL TP in the chart SL in the chart Good luck guys Note: To reduce the risk on your balance you have to use only 2% of your balance. - - - - - -❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️.
the end of the week there was a fairly large movement marked by a fairly thick bullish candle. this is one indicator that the bullish trend is back in control in the next few weeks. there is an opportunity to join the beginning of this trend when the price retraces later.
EURUSD is moving in an descending channel. It's making equal lows and lower highs, indicating bearish pressure. The market is consolidating, which means it's coiling up before a breakout. Price pulled back from the psychological level at 1.09000. We expect a retest of the next support level at 1.08000 ------------------- Share your opinion in the comments...
This is the point where this pair becomes a monetary appliance - i.e., a cash machine -, much like a George Foreman Grill; "Just set it and forget it!" (Here, the levels are accurate enough to be tradeable.) "Just SELL it and forget it!" It doesn't get any easier than this.
EURUSD tested the support level three times and is likely to be broken. The market created a structure of resistance for shorting opportunities; breakout of the level, pullback to it, and trend continuation. The market made lower highs and equal lows, indicating bearish pressure. ------------------- Share your opinion in the comments and support the idea...
EURUSD is consolidating in the descending channel. Price returned to the consolidation zone following a support retest. Price created an opportunity to go long at the 61.8% fibo and support level. We expect a breakout of the consolidating zone. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
there are two good support and demand zones for eur and I'm waiting for price movement. I believe that there is a good chance for price to firstly see the demand zone and then go for the support one. so I'm waiting for a short and then a long position. ⚠️ Notice: I will enter one third of my position on 70/30% of the box and the rest of it in the middle (50%) of...
my analysis has not changed, the possibility of going down is still a chance. where if you look at the market structure, there have been 2x LowerLow and now the price is responding well to the bearish trendline, there is a considerable possibility to continue bearish.