Because olymp trade and a suck plat form they are forcing the market to go short
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Here are 5 reasons why it is too RISKY and you should'nt do it! > Challenges to recover - Large losses require proportionally larger gains to recover. A 50% drawdown requires you to have a gain of 100% to BREAKEVEN! > Emotional Stresses - Trading with such...
EUR/USD rallied vigorously in November, but has started to retrace some of that advance in recent days, with bearish pressure easing as prices tested the 200-day simple moving average. It is important for bulls to defend this technical indicator, which currently symbolizes support; a failure to do so could result in a decline toward 1.0765, followed by 1.0650. On...
The price perfectly fulfills my last idea. The market is heading towards the support level. The price made impulse leg downwards. The market broke through the upward channel and fixed below. If it pulls back to swing area and rejects it, then we might see a further downward move because strong rebound from the daily resistance zone. My goal is the previous support...
H4 - Bearish divergence. Most recent uptrend line breakout. Expecting short term bearish moves to happen here. H1 - Bearish trend pattern. Currently it looks like a pullback is happening. Until the strong resistance zone holds my short term view remains bearish here.
This is my Intraday analysis on EURUSD for 5 Dec 2023 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bullish INT Bearish Reached EQ 2. Swing low and last demand for potential buys. 3. Price created a bearish iBOS which confirmed the Swing High and the Pullback...
EURUSD fluctuates downward in the short term, and the short trend takes advantage. At present, you can pay attention to the resistance near 1.0880. If the rebound encounters resistance, you can consider shorting. At the bottom, focus on 1.0750. After falling below, the lower support will be around 1.0700.
EURUSD continues its daily correction after reaching 1,1000. Yesterday failed to start an upside move and we saw break out of the previous low. No growth for new trades at current levels. Important daily support levels are 1,0800 and 1,0665. There will be new opportunities in the coming days.
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 1.0878, which is an overlap resistance that aligns with the 38.2% Fibo retracement. Our take profit will be at 1.0773, a pullback support level. The stop loss will be placed at 1.0966, a pullback resistance level. High Risk Investment Warning Trading Forex/CFDs on...
OANDA:EURUSD caught a small lift against the Greenback (USD) in early Tuesday trading before reversing direction and heading back into bearish territory and is now probing into the OANDA:EURUSD pair's lowest prices in half a year. The broad US Dollar Index (DXY) is seeing a healthy bid across the markets, bolstered by a jump in US Treasury yields. German...
EUR/USD Consecutive Drop: 📉 The EUR/USD faced its fourth consecutive drop. 📉 Slipped below the 20-day SMA and hovered above the 1.0800 mark. US Dollar Strength and Speculation: 💪 The US Dollar gained strength before pivotal labor market data. 🤔 Speculation around the ECB potentially cutting rates before the Fed intensified the downward trend. Euro's Retraction...
EURUSD Pivot 1.08495 - If the price is higher than the pivot, Long target TP1 at 1.08840, TP2 at 1.09235 - If the price is lower the pivot, short target TP1 at 1.08030, TP2 at 1.07580
Got another eurusd short. Waiting for price to come back to imbalance and maybe take a short but that could also be a trap as well for retail traders so we will have have to wait and find out.
I have EURUSD buying up to the 4 hour OB then selling to the weekly trend which is 1.07456.
let that graph bleed for few weeks. It is reversing from 61% Fib. we may see Sep 2022 lows
FX:EURUSD is forming a correction phase, within which it aims to test the support of the forming range. There are key nuances that suggest a further bullish trend, but there are also those that hint at a possible medium-term decline. The market is laying further TVC:DXY weakness amid interest rate cuts from the Fed. EURUSD is currently in correction on...
FX:EURUSD Perspective is, we possibly fall to test "W fvg". Will see how we react to levels pre-NYC. This is the first week of the month and the last month of the year (closure of quarter). La perspectiva, es que posiblemente caigamos para probar "W fvg". Veremos cómo reaccionamos a los niveles pre-NYC. Este es la primera seman del mes y el último mes del año...