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Eurusdbreakout

EUR/USD RISING WEDGE PATTERN SELL?Spotted another pattern forming in yet again the EUR/USD Market 30mins timeview. Rising Wedge pattern which indicates breakout to the down-side so sell sell sell, the pattern is outlined by yellow lines and break out should occur on the bottom yellow line for the downside. Ignore blue lines as those are depicting earlier pattern formations traded in a different timeframe viewing. Posted their charts but as the timeviewing was 5mins, tradingview only let me post it as a private chart so it can only be seen by others if i post the link to it as opposed to showing on my profile. 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 LIKE, FOLLOW & SHARE.
Short
by Dani0
EURUSD HARMONIC STRUCTURE IN DEVELOPMENTHi there, EURUSD is setting up for reversal. Watch lower time frame for buy the breakout and look for more upside. Clear break below and close below will change the bullish pattern. Good Luck. When you try to take a position on the market, always study the chart from different points of view and never forget the 3 rules: 1st: Cuts losses! 2nd: Cuts losses! 3rd: Cuts losses! NOTE: Looks like a corrective structure is making, still too early to tell but very soon we will see. If it is then buying the break out would be a NICE long-term position trade. For now, I am neutral. NOTES: - In either case, you should not risk more than 2%/3% of your asset. - It does not matter if you lose a battle ... the important thing is to win the war! If this analysis can be useful for you, leave a comment or LIKE! Thank you for support!
Long
by asdfghjhhg
6
EUR/USD - Still ShortEUR/USD is still short on the long term as it's still under important ema's as we can see on the 4 hour timeframe. We can expect it to fall further below and continue its bearish trend. It hasn't yet found a strong support for it to reverse back up. As long as the broken ema's (200 and 50) keep acting as resistence, this move is active. First TP: 1.1455 Second TP: 1.1410 Make sure to leave a like if you agree if this move! Your support is appreciated. Trade safe.
Short
by MoolahMaker
EUR/USD - 100+ Pips Opportunity - ShortEUR/USD has broken down the 20 ema and 50 ema for the first time since the bullish trend on the 4h chart. Meaning that the trend is weakening and shifting of direction. We have a valid continuation pattern further below if the 50 ema on the 4h chart holds as resistence. As soon as the 1.16 level is broken, EUR/USD will continue its bearish trend. One could enter this position by placing a pending order right below 1.16 say at 15.87. First TP is at 1.1505 Second TP is at 1.1405 Trade safe!
Short
by MoolahMaker
EURUSD Big Trade setting upTaking a look at EURUSD Daily chart pennant pattern, i was expecting in my last analysis for the EURUSD to break the trend line but as always we have to listen to the market. But bottom line is this pattern is compressing, so we have to be patient which way it is going to be breaking out ultimately. If it breaks to the downside that means USD is going to get more strength, so lets see if it breaks the June lows and this is going to govern how other markets are going to be like Silver, Gold and certainly other currencies with respect to USD. To be honest, personally my view is bearish. But anyway, keep an eye on this market. Trade Safe!
Short
by UmarAbdurRehman
6
EUR/USD - 500 Pips+ Opportunity - Bearish ContinuationEUR/USD broke over the 50 on the weekly chart. If that ema stays its resistance and prices fail to find a support and reverse, we can expect EUR/USD to continue its fall 500+ further below for the next months. This is a good long term opportunity. However the pair decides to act, there is an opportunity to make a lot of money from (Whether it decides to find support and reverse back up/Accept the 50 ema as its resistance and break further below). Happy trading! P.S. - Remember, if you fail to manage properly your equity, no matter how good you are, you will fail to succeed.
Short
by MoolahMaker