Get started

Millionaire

MY THOUGHT'S ON EURJPYI've been watching this pair for a while now and sat back to really just let this trade come to me. As you can see we've been stuck in this bullish channel since august and are still in it. I'm currently in this trade as we speak, reasons for this our simple. Price action hit support at 132.000 were we got a bullish reversal Doji candle, this indicates change of price action which means bulls are looking to dominant this pair. Another reason I have entered this pair long is that I've drawn out my Fibonacci retracement from the Highest Low (HL) to the Highest High (HH) and price action has bounced off my 61.8% Fib and also off the trendline so this indicates more upside movement. First target is 134.400 I would love for price action to break above it get a retest off resistance which will be support at the time and continue heading up towards 136.600 (A). If at 134.400 price action does bounce off resistance I will be waiting for a break of the trendline, retest of trendline and that's when I wille nter to go short (B)
Long
by EDFX
FREEFALL OR TYRANT RISE ?AS stated in my previous analysis with stunning accuracy we've hit a resistance on this pair with the first green line we STILL DESPITE MARKETS here being way overextended have some more POTENTIAL UPTREND which in reality is a BIGGER time frame move potentially one we have not seen IN THE LAST YEAR or so or we can have a NICE FREE FALL DOWN to god knows where a major support of some sorts TRADE SAFE i missed about $50,000 dollars in moves in the last few weeks
Short
by bxllionairejman
EURUSD POTENTIAL UPSIDE TARGETSLooking at the weekly timeframe, we see that EURUSD has been rejecting the level of 1.13500-1.4ish, and the Fib of 23.6%. We need a break and close above key monthly resistance+ trend line break at 1.15 which will lead us to 1.18500 + the 38.2% Fib. Also it looks like a higher high is about to be achieved for the EUR along with higher lows on the DAILY timeframe. As always keep it simple, but always look deeper at price action and not indicators which are not reliable. Threw the RSI for shits and giggles. ;)
Long
by erillmann96