Eur-usd-short
EURUSD OUTLOOK JUNE 15-19EURUSD is looking to fulfill an head+shoulders pattern based on the 4H and lower timeframes. The markets reacted this week with the Federal Funds Rate being kept at 0.25% for the USD. The markets have reacted strongly to that decision and has showed signs of trend reversals/USD strength in most pairs. The criteria I am looking for regarding this pair is 1 of 3 things. A 4HR bearish closure below 1.11929. Whether that be a bearish engulfing candlestick, bearish inside bar pattern, or a bearish pin bar candlestick. This should take this pair to 1.11000, which would equate to about 90 or so pips. Patience is key.
EURUSD potential sellCurrently in a downtrend all all timeframes. Looking for price to remain below resistance zone at 1.08225 to then enter a sell at price 1.07861 (entering a sell here because of the confirmations I got from my indicators), to then take profit at the support zone 1.06296 for a profit of around 150 pips.
EUR/USD: What's the plan now? Check it out!Hi guys,
I have been short EUR/USD for a couple of days now (please check my previous idea on the pair).
The plan now is to wait for a breakout of the structure. Once it's broken I will sell the pair and target the 38.2% fib level extension around 1.07350.
I will only consider shorts for this pair at the moment.
Have a good day,
Jesse
Trade with care and at your own risks
EUR/USD 4H SHORTEUR/USD May fall 50-100 pips
Price has broken out of the ascending channel and has formed a new downwards trend. Support at 1.0947. The 38% level on the fib has already been crossed, if the current trend continues, price is likely to go past this point.
Intraday - 4H
Trade: Sell
Entry 1.1005
Sell or Below: 1.1042
Target TP: 1.0947 & 1.0888
Pivot and Support 1.0947.
Alternative scenario:
Trade: Buy
Bur or Above: 1.1042
Target TP: 1.1090 & 1.1140
EUR/USD 4H SHORTEUR/USD May fall 70-100 pips
Insight - Price has broken previous downwards trend line and tested resistance at 1.8204 support at 1.0620 is yet to be broken but trend is still in a downward trend
Intraday - 4H
Trade: Sell
Entry 1.0618
Sell or Below: 1.0620
Target TP: 1.0555 & 1.0487
Pivot and Support 1.0620
Alternative scenario:
Trade: Buy
Buy or Above 1.0620
Target TP: 1.0804 & 1.0917