Further RetraceEuro looks to retrace deeper from its breakout point on Monday 19th January. First target is around midpoint of the 67% and 75% levels.
Euro / Offshore Chinese Yuan
No trades
No trades
In-depth trading ideas
Short
The 3 Step Rocket Booster Strategy In 3 xForexAs I was thinking about trading
with the supply and demand patterns,
I thought about the Rocket booster Strategy.
Now it's a 3 step step system that involves
risk management and profit taking as well
to learn more about
this strategy watch this video again.
Disclaimer: Trading is risky you will lose money
Whether you like it or not, please learn
risk management and profit-taking strategies.
Long
Rocket Booster In 3 Steps - Recap VideoInside this video, we look at the recap of the rocket booster strategy
that you read about yesterday
-
So watch it to find out more
about the rocket booster strategy and
how powerful this strategy can help you
-
with your trading journey
Watch it now
and rocket booster this content to learn more,
-
Disclaimer: Trading is risky please learn risk management strategies, because you will lose money from trading whether you like it or not.
Education
🚀The 3 Reasons Why This Forex Pair Is Going Up🚀Now i have been talking about the rocket booster strategy for a long
time and this is the strategy i used to find this forex
pair which you can trade right now!!
-
This pair will blow up soon and so you need to get inside the
rocket before it blasts off to space🚀
-
So what is the rocket booster strategy?
Step 1:Price has to be above the 50 MA
Step 2:Price has to be above the 200 MA
Step 3:Price has to gap up
-
These 3 reasons are very important for you to remember in
order to use this power
Long
EURCNH, Trendline Rebound PossibilityEURCNH daily chart is consolidating and has formed a new higher low. This higher low can be connected with a trendline to create a support trendline. The price is currently approaching this support trendline, and there is a chance for a bullish bounce or rebound from support line.
Long
EURCNH printing bearish divergenceEURCNH printing bearish divergence and
Ascending Parallel Channel together thus we will have to wait for pattern to take clear direction
Bull Flag and Euro about to Break Out Against the Renminbihow much are we having when both USD and CNY are collapsing at the same time?
Long
EURCNHPast analysis :
The EuroStoxx 50 index is up 0.39%, the FTSEurofirst 300 is stable and the Stoxx 600 gains 0.2%.
The main European stock markets are moving without a clear trend at the start of Monday's session in a context of caution at the start of a week which will be marked by the highly anticipated US inflation figure and the mid-term elections in the United States. .
= waiting for US data
In Paris, the CAC 40 lost 0.02% to 6,414.94 points around 08:45 GMT. In London, the FTSE 100 lost
Short
Head and Shoulder on euro vs CNHthe Renminbi has been very strong against the Euro throughout the year. I expect a reversal as PBOC announces new monetary easing policies every day while ECB becomes increasingly hawkish.
Long
EURCNH EURO OFFSHORE CHINESE YUAN STRONG DIVERGENCE 4H CHARTEURCNH EURO OFFSHORE CHINESE YUAN STRONG DIVERGENCE 4H CHART , we may see one more low before a quick reversal
Long
Long
EURCNH Possible 3R Sell at confluence areaAs we see on the chart, the pair is going to retest a very interesting confluence area - a bearish trend on daily and H4, mirror level broken and soon will be retested, bearish trendline with many touches, and also a possible break and retest of a bullish counter trendline. Also, we have a clear impulse and nice correction to the mirror level.
Risk Management is the #1 rule, you can't control the market, but you can control your risk management. Stay calm and risk 1%.
EShort
Long
HOW TO TRADE LIKE THEM- BAREBACK Ok reaching pro level market psychology and price action is supreme. I’m able to quickly forecast a pair with out any tools
Let’s look at what we see
Bearish sale with a bullish channel
Now psychology what this means is that a balance is taking place. The market need bull in the game for the bears to cont to sell so. We see the bulls buying up but the big players are waiting to sell.
How do I know this...?
Ok first look at the long drop with no pullbacks
Now the one pullback made a doji
EURCNH_LONG*cup + handle pattern
*look good for long if closes and sustains above 8.2432
*Stop-loss and targets are mentioned in charts itself
Thanks for reading!
Long
Long
Long
EURCNH - 1 -> 0 -> 1.272 once more?Just a placeholder for now, since I'm not sure if there will be another high here - in this case, I'll have to adjust second Fibonacci and yellow line. Let's see how it will behave in the next week.
(inspired by @ridethepig idea: )
Daily chart:
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Short
ridethepig | EURCNH Market Commentary 2020.03.01Here we go for a round of important chart update on the FX, Commodity and Equity board... I do not subscribe to the idea of this being the start of the euro reserve currency rally which we were tracking earlier in the year that failed from the Coronavirus short-circuit, although it is certainly moving with speed. Remember we have month end flows in play now too and to put the 🍒 on top the virus still not under control.
I am expecting further downside in euro as the outbreak continues to delay
Short
EURCNH ABOUT TO FORM RIGHT SHOULDER OF H&S Double Top on the Weekly, Large RSI divergence, Right shoulder is looking like it will be a .618 retracement. Will go short at that level based off price action...
Short
Long