EURUSD → SELL SIGNALSell opportunity in the FX:EURUSD with a target at 1.09350 for a profit of 30 pips.
Eurusdshort
EURUSD Short as Weekly is on strong resistanceEURUSD potentially shorts because in my weekly analysist its on strong resistance and waiting for daily candle confirmation (engulfing or rejection).
EURUSD Scalp LongEURUSD is retracing and it has now hit a short-term support area. Entry looks good considering that USDJPY is also dropping. Target 1.1, R:R is good, enjoy!
EURUSD → SELL SIGNALSell opportunity in the FX:EURUSD with a target at 1.09000 for a profit of 25 pips.
💡 EURUSD: Waiting for the opportunity to sellEURUSD rebounded strongly in the past session, broke the upper boundary of the accumulation zone and created a reversal pattern on H4, but the overbought phenomenon is occurring. We can place a Sell Limit order at the above resistance area
EURUSD → SELL SIGNALSell opportunity in the FX:EURUSD with a target at 1.08800 for a profit of 80 pips.
EURUSD → SELL SIGNALSell opportunity in the FX:EURUSD with a target at 1.08500 for a profit of 30 pips.
💡 EURUSD: Continued declineEURUSD continues to fall sharply and has had six consecutive losing sessions. By this time, more oversold signals have appeared. In addition, the 1.075 resistance zone is also an important resistance zone. Please pay attention to observe the signs. Price behavior here, if there is a signal of price increase, you can consider buying again. In case it is broken, the price will likely adjust sharply down, towards the resistance area around the 1.0500 threshold.
EU short position setupWe have CHoCH in 4H TF followed by series of BOS in 1H TF. I think there are two scenarios: 1- we would have a pull back to 1H TF OB and then go down. 2- we would touch the 4H TF OB by a wick and then go down.
In any case, for an extra confirmation, it's better to wait for a CHoCH in lower TF after we've reached to any of these two areas.
Let see what will happen.
Good luck.
EURUSD → SELL SIGNALSell opportunity in the FX:EURUSD with a target below the daily low, located at 1.07550 for a profit of 20 pips.
EURUSD | Short idea!If EURUSD gets rejected in this zone I will be looking for short positions and for a new low to be made!
post trade breakdown analysis on EURUSDFX:EURUSD
This is a breakdown on a EURUSD trade i took yesterday and closed it today before London session began
EURUSD SELL SETUPFX:EURUSD
Overall structure based on the weekly, daily 4h and 1h is bearish. Price closed below 1.08368 4h support and made a retest as resistance with a bullish engulfing candlestick being an entry confirmation to continue sell bias
Short Scralp Trade for EURUSD Success rate 75%Opportunity for Short scalp trade with a success rate of over 75%
The price is likely to hit TP with a 75% chance, You can manage your position
Please note that all the information provided is based on personal opinion, and no responsibility is assumed for any outcomes."
EURUSD: 04/12/2023: Sell scenarioWell as you can see, the price broke the major low, so we are bearish now and looking for a sell setup.
In this case, we can define the supply zone (the bearish order block).
If the price reaches this zone we can execute the sell position with LTF confirmation.
Please pay attention it's not investment advice.
Do your own research.
💡Wait for the update!
🗓04/12/2023
🔎 DYOR
💌It is my honor to share your comments with me💌
EURUSD Shorts from 1.09700 or 1.11000EURUSD presents an intriguing scenario as it recently responded to a 10-hour demand zone, potentially signaling another upward rally. Since clear buying opportunities are currently lacking, I'll be patient and wait for the price to enter a supply zone, providing a chance to catch a potential pullback. However, it's worth noting that these zones are not the most optimal due to the substantial liquidity present.
My preferred zone is the 8-hour supply at 1.11000, coinciding with the 0.78 Fibonacci range on a higher timeframe. Here, I anticipate a robust bearish reaction. At present, I will monitor the price for the completion of a Wyckoff distribution before considering sell positions. Alternatively, I'll await the establishment of a new demand level, providing a new buying opportunity in which we can take towards the marked supply (POIs).
Confluences for EURUSD shorts are as follows:
- Overall trend of the market is bearish on the higher time frames.
- Price approaching a very good key level of supply, anticipating a distribution to play out.
- Lots of liquidity below to target in the form of asian lows, equal lows and imbalances.
- DXY is also overall bullish long term despite the short term bearish trend.
- In order for price to push higher it needs to retrace from a level of supply.
P.S. won't dismiss the chance of this demand zone failing, considering that the price has mitigated the second time it has now created relative equal lows. Moreover, there's a direct imbalance below that price may seek to fill before initiating another decisive upward move. However, given the current state of the EU market, adaptability is crucial, given the presence of numerous liquidity areas and zones of lower quality.
EURUSD → Rejected!? Will the Price Fall to 1.06 or Rush to 1.12?EURUSD made contact with the resistance zone, as predicted from last week's analysis. We're now faced with a decision to short or wait on the sidelines for more price action.
How do we trade this? 🤔
The conditions at this moment make it reasonable to short , but there is a caveat! It's very possible the price pulls back a bit to the resistance zone for another test before dropping. If you didn't short at the resistance zone, it's reasonable to wait for the price to crawl back up to the 1.09600 area to enter. Enter after another sell signal, then 1:2 risk ratio down to the bottom of the trading range around 1.05900.
If the price breaks resistance, wait for it to confirm support on the resistance zone then look for a long entry off of a bull signal and confirmation bar.
💡 Trade Idea 💡
Short Entry: 1.09600
🟥 Stop Loss: 1.11450
✅ Take Profit: 1.05900
⚖️ Risk/Reward Ratio: 1:2
🔑 Key Takeaways 🔑
1. Trading Range after Bull Run, Bias to Long.
2. Rejection at the Resistance Zone, Reasonable to Short.
3. If Shorting, Watch EMAs for Support.
4. Look for a pullback to resistance before the price falls.
5. RSI at 57.00 below Moving Average, Bias to Short.
⚠️ Risk Warning! ⚠️
Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk!
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EURUSD shortlooking to take this down with the lower time frame trend. I will be entering only on confirmation as this could also reverse back through the poi and continue the higher time frame bias
Why does The Market aka Price Move?Price moves for two reasons in Forex- to fill imbalances- and to areas of liquidity aka Timmy-Jimmy-Bobby-Karen-and James nem Stops and Limit orders :) This is the 4hr TF of EURUSD. This is the beginning of a very strong downtrend. There is a HUGE Edge to be in on a trend when it starts. We are going into the last month of trading and the market consolidates and expands aka shifts. Time and Price is everything in the Forex Market and there are no coincidences in Forex. EURUSD is selling going into 2024- The DXY is rebounding STRONG right now- read the signs.
Morgan Stanley and BofA’s 2024 EUR/USD Predictions Morgan Stanely has released what they call their top trade for 2024, and it is the exact opposite of Bank of America’s call.
Analysts at Morgan Stanley think selling EUR/USD around the current level of 1.10 is the trade to make next year, with a target for the pair reaching parity by the end of the first quarter of 2024. This outlook relies on sustained economic performance of the US. They also believe that technical recessions in the eurozone, Sweden, and the UK are expected to lead their respective central banks to initiate rate cuts in the second quarter of 2024. Selling Swedish krone (which has become a top ten traded currency recently) and the British pound might also be options for 2024 too, but this was not explicitly stated by the bank.
On the other hand, Bank of America has suggested that shorting the USD is the trade to make, particularly against the Euro and South African Rand. BofA sees the potential falling interest rate in the eurozone increasing the attractiveness of euro-based stocks and other investments.
Short Opportunity on EURUSD 1H wih +90 pips According to ABCD Paterne
According to Divergence
To CCI Level Below Zero Level
EURUSD Trade Idea
FOREXCOM:EURUSD is bullish in the Daily, it has:
1. Bounced from a demand zone
2. Swept a low before the push
3. Slightly reacted to a Daily Supply
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The 4H Chart shows:
1. A Bullish Run
2. Unfilled Imbalance
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On the 1H, Price is in a supply zone as well
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If price gives me proper confirmation during open, I will look for sells towards the imbalance of the 4H
