Eurlong
EUR/CHF - High Probability Setup Week of 09/06/2020I have been trading FX currencies and I want to start posting my high probability setups. This is a pair I will be watching this week for a breakout of bull flag, retest and then resumption.
My bias is for a long trade but I've indicated where a short trade might be. There are multiple no man land areas I will not be buying or selling.
Lots of bullish signals on this pair.
EURUSD 4h Trebd BullishIt is not confirmed that price will bounce up,,, we have to anticipate for better confirmation :)
EURCAD LONG entered our buying zone marked out on August 4th . CAD looks to be weak , multiple rejections to the 0.78 level on our Fib marked out which may indicate buying pressure is still strong. Key levels marked out on the chart that we may take partials on along the way.
EURUSD INVERTED HEAD AND SHOULDERas we have seen on the chart, eurusd is bouncing on a trendline expecting it to push higher
EURJPY LONG TRADE IDEAmy analysis has showed it wil skyrocket up even more
not financial advice use own rr
2 KEY AREAS TO WATCH OUT FORHere are 4 near-term opportunities for EURJPY.
There is a strong uptrend on the 4hr mirroring the bull run shown on the Daily time frame. I believe price will continue to ascend before it reaches the monthly descending resistance shown in blue at the top of the chart.
Today I will be watching out for an opportunity to buy on the 125.5 support, with a target area of 126.75-127.5. Alternatively, price could break through the support in which I would look for an opportunity to sell on a pullback with a target area of 124.3.
However, considering the possibility that price doesn't even touch the 125.5 support and ascends straight to the 165.75 resistance, there are 2 more possibilities of direction displayed on the chart.
2 KEY AREAS TO WATCH OUT FOR2 KEY AREAS CIRCLED = POINTS OF ENTRY
Here are 4 ideas for direction in the EURAUD.
I'm personally long for the EURAUD. This is a clear direction due to the ascending trend on the weekly timeframe.
Break above 1.655 = target area 1.665.
Price respects ascending support at 1.645 = next target area of 1.655 - 1.665.
Any alternative to these predictions is displayed through the red arrows.
EURUSD LONG 15MIN Uptrend with Support Lines 04.08.Hello to all
I am back here again to show you my view of the Markets
Here the EURUSD
Try to help all a little bit to see the moves more clearly
IN EURUSD 15MIN We are in an Uptrend since yesterday 16.00
and now we have 2 supports here .
I have marked them :
First wit the Blue Line and the second with the red line
at 1.1765 and at 1.17520
for further UP Movement.
I will try to come back every day in the mornin for a daily view
of the Market.
Good trades.
If you want to support my work, please like them
My analyes here are all NOT a request to buy or sell
seomething. Allways do you own research.
Renkotrade
EURNZD SWING LONG - Capitalise on the strength of the EUROWith this pair currently at monthly support, there is a good opportunity to capitalize on the possibility of the pair rejecting this support. Also, the pair being at weekly support provides further confluence for the rejection of monthly support. If the market provides a daily close above daily resistance, then the re-test of that structure would present a good entry level for the swing
Compleate wave 5.Hello friend's what's up.
After long time eurusd pair is going to up i hope it will be complete 5 wave properly.
EURJPY Swing LongWith the possibility of creating, at least, an equal high on the weekly time frame, this pair presents a good swing trade opportunity. On the daily time frame, the pair is on a re-test of an important structure level. If the pair rejects this support level, then there is a high probability of the pair rallying from support. Additionally, an inverted H&S is forming on the 4hr time frame of this pair, which serves as good confluence for a long on pair.
A more ballsy target would be the 127.2% fib extension of the weekly retracement.
EURSGD Swing longA daily break and close above, then retest of structure would present a good opportunity to capitalise on the possibility of creating a higher high on the weekly time frame; targetting the 127.2% fib extension of the weekly retracement!
EURJPY NEW HIGHER LOW - LONG On the 4HR of the EURJPY we have a Higher High and a newly formed Higher low which has also formed with an inverted head and shoulders. This is good setup with a nice Risk to Reward Ratio. I'm anticipating a new higher high formation which would also be a wave 3 off the initial impulse move that started around the 7th of May 2020. Our stop loss is currently below the right shoulder or support structure (83pips) for an upside target of 230+ pips
EURNZD - I Spy an H&SWith the possibility of completing the daily inverted H&S, a daily close above structure may be a confirmation and signal to start looking for entries
EUR/JPY 300 pip limit reached, buy orders have been triggeredHi guys, I hope you’re all keeping well.
If you missed my previous post, then you can find it here:
I have now closed out all sell trades & my buy orders have been triggered.
The plan hasn’t changed as of yet & at this stage I’m expecting the longer term bullish trend from the previous few weeks to continue, after reaching the target of 0.618 (120.598) Fibonacci retracement level.
The ECB as you may be aware, are injecting a total of $1.35 billion in to the economy which provides backing to my technical analysis from a fundamental standpoint.
I still haven’t ruled out the possibility of a slightly further fall to approximately 120.200. This level contains a double support which is the rising red diagonal support line as well as the 4hr 100 MA.
If it does fall to that level today, I will slightly increase my buy positions.
Apart from all of that, I’m expecting this weeks bearish trend to end and some retracement to form today. This retracement may then form the continuation of the longer term bullish trends on the daily & weekly charts.
The target I’m looking for at this stage is 129.371 over the coming weeks.
If plans change due to unforeseen circumstances, I will update you via this post immediately.
If you have any questions or if there’s anything I’ve missed then please let me know in the comments section & I will get back to you as soon as I can.
Thanks for taking you’re time to read this post, I really hope it can help you in some way.
If this post helps you in any way, then please drop me a like below.
Good luck to all traders 🍀
EURUSD: A Potential Buy AreaEURUSD lost 1/8th of its value since 2018. Apparently, it is struggling to go lower beyond that mark. It seems reasonable to be looking for targets above. Around 1.07 is the optimal area to get into long exposure with a 1R target @ 1.09 and 2R @ 1.11.
