27.11.2024 - EUR/USD LongsM15 Bullish and Asia already liquidated. HTF context suggest a potential pullback, so entering now targeting 1:5 within the range.
EURUSD.1 trade ideas
EURUSD → Correction after false breakdown before further fallFX:EURUSD is taking a chance amid the local correction of the dollar. The currency pair can test the local highs. But! You need to be careful as there will be a lot of news today.
Fundamental background is generally negative. (Trump's victory, tariffs for European export goods, lower interest rates and so on).
This all accompanies the global and local downtrends. Accordingly, in our case, since a false support breakout is forming on the chart, we should wait for a retest of resistance and reversal patterns to further consider selling attempts with the purpose of further decline.
Resistance levels: 1.0606, 1.065, 1.076
Support levels: 1.0517, 1.044, 1.033
Accordingly, we follow the nearest resistance, if bears behave aggressively on the background of the news, the price will continue to fall from these areas
Rate, share your opinion and questions, let's discuss what's going on with ★ FX:EURUSD ;)
Regards R. Linda!
EurUsd could correct higher (1.0670 target)The drop in EUR/USD has been remarkable, with the pair even breaking below the critical 1.0500 technical and psychological level. On Friday, it even spiked to a low of 1.0330.
However, following this sharp decline, the pair opened on Monday with a gap up, which has since been filled, potentially signaling the beginning of a correction.
Confirmation of a new bullish leg requires a break back above 1.0515. A daily close above this level could pave the way for a rise toward the 1.0670 resistance zone.
As long as Friday's low remains intact, the outlook remains bullish. Dips near the 1.0400 level could present attractive buying opportunities, offering a favorable risk-to-reward ratio.
EURUSDWell we have a pattern for bearish in 1h we can trade it in scall but it's dangerous becaose we a chanel break.
But i choose to trade pattern😎
EU/USD LONG POSITIONWe are in up trend /short term
sub cycle complete & we are going to minor cycle
50% fib complete
we have to see last day high...
Looking to sell above CLS range candle which formed on Friday.Looking to sell above CLS range candle which formed or if i get model 1 on the lows, with the target to 50% of that range.
you are welcome to comment with your thoughts and share your charts or questions below, I like any constructive discussion.
What is CLS?
This company is trading for the biggest investment banks and central banks. They trade over 6.5 trillion daily volume. They are smart money of the all markets.
CLS operates in the specific times which will give you huge advantage and precisions to you entries. Focus on that. Its accuracy is amazing.
Good luck and I hope this educational post helps to become better trader
“Adapt what is useful, reject what is useless, and add what is specifically your own.”
Dave FX Hunter ⚔
EURUSD BuyWe have strong Bullish signal on EU H4 timeframe, Market was consolidating between 1.0520-1.0590 levels, this consolidation made volatility and now buyers have power to reach 1.0775 level.
Key Levels for the Week 11.25-30.2024🔲Key Levels Overview for the Week🔳
Supports🔀
1.0423
1.0322
1.0294
The price is currently below several support lines and in a demand zone, due to the selling pressure from last week.
Resistance Support🔀
1.0505 to 1.0570
This range was previously a support level, but now that it has been broken, it acts as resistance. If the price reaches this level and fails to break through, it is likely to decrease again.
Mid Pivot (Bear Zone)🐻🐻🐂
1.0777
This level could potentially be a key point for trend reversal or continuation of the current trend.
EURUSDEURUSD
This is my point of view today
Help me if there is a mistake
Or tell me your point of view
EURUSD ANALYSIS REPORT FOR H4 TIME FRAMEThe chart provided is a 4-hour timeframe of EUR/USD with key technical elements highlighted, such as Fibonacci channels, resistance and support zones, and volume data. Here's a comprehensive analysis, detailing both bullish and bearish scenarios with potential entry and exit points.
________________________________________
Key Observations:
1. Downtrend Channel:
o The pair has been trading within a well-defined descending channel marked by red trendlines.
o Recent price action is showing attempts to break above the midline of the channel.
2. Support Zones:
o 1.0350–1.0400: Strong demand zone where buyers previously stepped in.
o 1.0450–1.0475: Current support level where price has bounced recently.
3. Resistance Zones:
o 1.0535–1.0550: Immediate resistance within the channel, as indicated by red shaded zones.
o 1.0640–1.0655: A higher resistance area aligning with the Fibonacci level and channel top.
o 1.0810–1.0830: Major resistance, representing a potential target for a bullish breakout.
4. Volume Analysis:
o Delta volume indicates higher selling pressure (-188.43%), suggesting hesitation for an immediate breakout. However, buying interest is noted near the recent lows.
5. Fibonacci Channels:
o Price is attempting to move toward the upper region of the channel and align with Fibonacci-based targets.
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Bullish Scenario:
1. Conditions for a Bullish Move:
o Price must break above 1.0535–1.0550, overcoming the resistance within the descending channel.
o A sustained close above the channel would confirm bullish momentum.
2. Entry Points:
o Aggressive Entry: Buy near the current level (1.0470–1.0480) with a stop-loss below 1.0440, targeting resistance zones.
o Conservative Entry: Enter on a breakout above 1.0535 with a retest confirmation, targeting higher Fibonacci levels.
3. Exit Points (Take Profit):
o First Target: 1.0550 (immediate resistance).
o Second Target: 1.0640–1.0655 (Fibonacci channel top and horizontal resistance).
o Final Target: 1.0810–1.0830 (major resistance and extended target).
4. Invalidation:
o A break below 1.0440, signaling that the downtrend remains intact.
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Bearish Scenario:
1. Conditions for a Bearish Move:
o Price must fail to break above 1.0535 or reverse near the resistance at 1.0550–1.0600.
o If the current support at 1.0470 breaks, further downside is expected.
2. Entry Points:
o Aggressive Entry: Short near 1.0535–1.0550 if price struggles to break above resistance. Stop-loss above 1.0570.
o Conservative Entry: Sell after a breakdown below 1.0450, targeting lower support zones.
3. Exit Points (Take Profit):
o First Target: 1.0400 (strong demand zone).
o Second Target: 1.0350 (historical support).
o Final Target: 1.0300–1.0280 (extended bearish target).
4. Invalidation:
o A break above 1.0570, signaling a potential bullish breakout.
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Key Indicators to Watch:
1. Volume Activity:
o Increased buy volume near 1.0450 could confirm bullish pressure.
o Strong sell volume near resistance (1.0535–1.0550) would favor the bearish scenario.
2. Descending Channel Break:
o A breakout of the channel and sustained close above 1.0550 could shift the momentum to the upside.
3. Fibonacci Alignment:
o Watch how price interacts with the Fibonacci levels within the channel, as it provides targets for both bullish and bearish moves.
________________________________________
Summary of Probable Entry & Exit Points:
Scenario Entry Zone Stop-Loss Target Levels
Bullish 1.0470–1.0480 (Aggressive) or above 1.0535 (Conservative) 1.0440 1.0550, 1.0640, 1.0810
Bearish 1.0535–1.0550 (Aggressive) or below 1.0450 (Conservative) 1.0570 1.0400, 1.0350, 1.0300
________________________________________
Conclusion:
• Bullish Outlook: A breakout above 1.0535 could lead to a rally toward 1.0640 or even higher.
• Bearish Outlook: Failure to break resistance at 1.0535–1.0550 or a break below 1.0450 could resume the downtrend targeting 1.0350 or lower.
Traders should closely monitor price behavior around the 1.0535 resistance and 1.0450 support for directional clarity.
Selling Opportunities on EURUSD
Yesterday, EURUSD managed to climb slightly above the previous high but was rejected again.
The downtrend continues, meaning the only trading opportunities should be in line with the trend.
Watch for another rejection, which could present a potential selling setup.
The first resistance level is at 1,0563, with the target being a test and break of the previous low.
eurusdAccording to the strategy I used, eurusd fulfilled all the rules and I set the SL to be 20pips and the TP to be 39 pips.
Read The EURUSD MarketLet's Looking at EURUSD Chart and Read the Market of it for finding some trade opportunities, Good Luck With Your Trades <3
EURUSD Breakout And Potential RetraceHey Traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.05100 zone, EURUSD 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 1.05100 support and resistance area.
Trade safe, Joe.
EURUSD Trading in Broder Bull Channel in 30Min 30 M time frame EURUSD trading in broder bull channel
its 75% chance to brack down
or trade in trading range
EURUSD SELLS TO FRIDAY LOW Monday & Tuesday were inside days and an explosive move to the downside is ready to Fridays low.
#EURUSD - 27112024EURUSD sold down early yesterday on Trump's tariff news which gave the perfect long. I said to look for a move higher from 1.0430 and it was the low as it rallied over 100 pips going up to 1.0544 strong level before pulling back half way.
What's next? Daily candle closed red with long upper and lower wick. We see a down move from 1.0544 to 1.0440 which is quite a big down followed by a recovery. I have no strong view from here, but IMO, what we could see is that EURUSD could make a move lower (below yesterday's low), possible to fill Monday's gap at 1.0430, then move higher.
RE-DISTRIBUTION ACTIVITY eurusd are sell condition i try to put the different reason and the different type of deals for you my friends for these 2 weeks in 4 hr
update!!! eurusdI hope y'all made money this week. we were looking for bullish price action and we got it we will be monitoring this setup for more bullish price action taking out daily highs. don't miss out again!
Bulls & bears struggling to take controlAfter a wide bearish trend that toke control since Sep 25th to push down the euro prices to reach 1.03314 as the lowest price for 2024 so far, the bulls are trying to get back control to push the price up, as the chart shows during this struggling the formation of a reflecting pattern "Head & shoulders" for the bearish trend which will be confirmed by stabling above the patterns "Neckline".
If the bulls succeeded to keep the price above the neckline then we may see an increase for the price that may target 1.07000 area.
Otherwise if the bears still in control and the price broke the years low then its more likely to target lower supports that may hit 1.02325
CHART BREAKDOWN EURUSD: Key Levels, Targets and Thoughts!Brief Description🖊️:
The chart provides insights into critical market levels, emphasizing 1 essential supply zone: low-risk sell zone spanning from 1.05370 to 1.05300, respectively, is highlighted.
Things I Have Seen👀:
Important Supply Zone🟢: Identified between 1.05370 and 1.05300 serving as a low-risk sell.
Bearish Targets📉:
1.05200: Possible retracement area.
1.05100: Possible retracement area.
1.05000: Possible retracement area.
1.04800: Possible retracement area.
1.04880: Significant demand zone.
1.04650: Significant supply zone.
1.04570: 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.
EURUSD SELL ANALYSIS RISING WEDGE PATTERNHere on Eurusd price form a rising wedge pattern and is likely to fall more if line 1.04622 break so trader so expect to go for SHORT and expect profit target of 1.04028 and 1.03340 . Use money management
EUR/USD 1hr timeframeMy analysis here is very simple purely based on price action.
We are still in the selling zone so our bias here is short, the price has also created a 2nd resistance level, we can expect it to reach around 1.034 but it can go further down. a R/R of 1:3 should be good for this pair in the short term. good luck everyone! :)
