EURUSD

Monthly and weekly candles looking up, but this should be another consolidation below 1975 resistance.

D1



4 H



1 H

It does look bullish. I expect a rally toward 1.1900 and above.

A good few pips north to go I think

spent the weekend redesigning my setup and ea, now it will take a single trade at 2% margin used, calculated automatically.

next week my trades should be simple and fun

time to mend some trading mistakes

Decided not to close my trades last friday and will continue trailing.

The EURUSD is sideways, but the operating mode is impulsively more bearish than bullish. Meanwhile, price action on the daily time frame is in a bullish retracement under a bearish market environment. Thus, we will likely see a bearish turnaround after a bullish pullback to an area of value, such as the 1.19530/1.19840 technical barrier area (magenta). So, what the market does in the early part of this week is significant for directional momentum. I am more bearish the EURUSD than bullish, but I will wait for a bullish pullback to an area of value before looking for a southward trading opportunity.

I may be wrong. Trade safe and prosper. Please trade based on your own trading rules and analysis.

KP

Attached Image (click to enlarge)

EURUSD 60 min chart.
The 60 minute time frame shows a rather relentless down trend that began in May 2021. Currently it is in a correction and given the trend it seems reasonable to expect further downside.

The chart below shows the current median line drawn as a corrective ML. With the current corrective leg price has satisfied the projection so any traders who bought up to this point were rewarded. While further upside can't be ruled out I'll be looking for price action to the downside suggesting the beginning of a new impulse leg.

good morning, ea took this trade with 2% margin

pretty cramped up , no volatility

Added another one and adjusted my stops.

i used 50 & 100 just for chart decoration, actual trade logic is demand/supply

no real point getting long term short until this closes under 1845ish

it needs to break out of this vp.

taken a small long in this dip.

Look like an attempt seems going on now to Push price lower and allow bulls to jump in around 1868-62 and later trigger the stop loss around 1854-44 -38 range and steal retailers position and pull it up...

EU is ranging, but it is bullish on small timeframes, this is what I focus on.

Seems Finally bulls start to charge up again? 1860 level...
Need to see it is a trap or not

Trap for bears, but opportunity for bulls right here.
trains about to leave…..

Test for bulls around 1880 mark.
we should be able to punch through this (but keep an eye out)

Closed my shorts manually and reversed to long..... SL as shown.

Have a happy week , crew.