Eurusdbreakout
EURUSD: BULLISH TP: Swing to 1.172 - 350 Pips #Forex #FxProNowEURUSD: BULLISH TP: Swing to 1.172 - 350 Pips #Forex #FxProNow
We see price is still at this level of support on the Higher TF - Weekly
There is no signs of breaking it...
I am looking for this support to stay held and for price to push up at the least to 1.172
I found this by going to the Weekly and finding where should price get to, at the least? 38.2% - 1.172
My Fibs was placed from Point A being @ 1.24 and Point B being @ 1.13 our pending Point C is 1.172.
This is a swing trade. Different from most trades that I take.
This may take a good amount of time to get to our TP but clean 350 Pips is worth it.
EURUSD Breaking Out - Possible Buy Trade NOW!EURUSD have been quite choppier over the past few days, So far its just holding the up trend line. Chances are that it is likely to break the resistance area and test the downtrend line around 1.1459 area.
Short term momentum is positive supporting the view while the higher time frames momentum is developing, so watch this market out for break out to get long.
Thank you for your support.
Trade Safe and Good Luck!
EURUSD - BULLISH - Swing to 1.172 #Forex #FxProNowEURUSD - BULLISH - Swing to 1.172 #Forex #FxProNow
We see price is still at this level of support and there is no signs of breaking it...
I am looking for this support to stay held and for price to push up at the least to 1.172
May take a good amount of time to get there though...
EURUSD Per the 4-hour time frame price is consolidating right now. It is important to note that per the 4-hour time frame, price has made a higher high and is now consolidation. If price breaks out to the upside, the trend line is the next target for a third touch. If it breaks to the downside, the bottom trend line can be met just as well.
SRT, Force Trends18th Feb - (p=227,355/l=282,215)
This pair is running a circus with tension on reversing. We have formed trendlines channels and I expect yet another to be formed inorder for a new uptrend to officially emerg. Previous trend continuation price action has been a failure however if we break low we are going to have a good downtrend.
EU - Still BULLISH - Yes At Support Again, So... lol #ForexEU - Bullish - At Support Again
So, we see EU at the support area again...
Well, I have the same bias to the upside...
Unless we have a full bearish candle on the Daily or Weekly close under the support is when I will change my analysis...
WATCH | COMMENT for updates...
EU Breakout situationEURUSD price has arrived to the 1.141 support zone. This support is an important zone. Breakout situation forming, because the price make double top again, with lower high like January 10-11th, and the price respecting the 20 day MA. If the price break the 1.141 support zone with an impulsive wave open short. The price can bounce from this zone(look at RSI:oversold(28%)) and we stay in the 1.151-1.141 consolidation zone.
Important news:
-EURO PMI: 10:00(GMT+1)
-Last:51.2
-Forecast: 50.8
-USA PMI: 15:45(GMT+1)
-Last: 54.4
-Forecast: 54.2
EURUSD - Long Term Bullish MoveEURUSD is breaking on top of the daily 50 EMA and is finding support on top of it.
If the support holds strong, we can expect EURUSD to beghin it's reversal and bullish move.
Wait for the close of the daily candle and take the trade once you have the signal on the 4H / 1H Timeframe.
Trade safe.
EURUSD possible trade scenarioIn my yesterday's analysis on EURUSD for long, it actually didn't break the level i mentioned, so for now i am looking for 2 possible scenarios.
First Scenario:
Market is testing yesterday's lows, it could potentially break and may test the prior low as momentum on higher time frames is still strong so this could be one scenario.
Second Scenario:
As we have MACD divergence activity playing out, this could possibly break yesterday's lows and bounce, so kind of fake breakout.
So lets see how it unfolds, keep watching.
Trade Safe!
Thanks for your support.
EUR/USD BUY OPPORTUNITYForming a flag though some may call it a pennant, but either way market will break to the upside.
Buy at bottom channel line if confident for more pip potential or wait for breakout first to be sure and guaranteed.
No given figures so one can chart themselves and use their own initiative for buy and take profit area, i've highlighted the opportunity to you.
HELPFUL VIDEO TO TEACH YOU:
www.youtube.com
www.youtube.com
DISCLAIMER;
Do set stop losses when trading but be generous with how much room you allow for this due to candle wicks and there is also the possibility to hedge yourself, for more confident traders.
All comments and questions welcome, if curious about indicators I use then feel free to inquire. IF YOU SUPPORT MY IDEAS THEN PLEASE LIKE, FOLLOW & SHARE. ~ THANKS! ~