EUR/USD

EURUSD is still in a bearish bias even though from today's H1 time frame the EU is testing the previous resistance at the price range of 1.12880, if when this resistance test the EU fails to breakout validly the EU still has the potential to continue its bearish trend. If that happens, get ready to look for opportunities to open sell positions in the area.

For alternative strategies if it turns out that the price managed to breakout validly in the previous resistance area maybe in that area we are looking for opportunities to open a Buy position.

I see that, too, where indeed prices will strengthen today. Seen now is that the price is held at the level 4 area where level 4 is the critical level. if the price is able to break down then the wave pattern is certain to experience a roadmap change on h4.

EURUSD will attempt to upward thrust again after the day before today correction towards 38.2% fan Fibonacci however now not yet damaged. This fibo fan stage has additionally been attempted on February 5, 2019 at nine:00 p.M. But nonetheless no longer robust. Fibo fan is one indicator that allows narrowed charge moves with a fibonacci retracement. If it's been 2 instances the trial remains not sturdy, then the strengthening of the USD seems to nonetheless dominate.

The downward fashion begins from the past week and the correction is best up to two times to the 23.6% fibo fan level. This strengthening of the USD makes the EUR powerless throughout the ride to break the 38.2% fibo fan stage. Currently the price is still secure within the free region trying to find an appropriate fashion nowadays whether to keep the downtrend or try a correction.

If EURUSD will try and upward thrust once more then the Fibonacci fan line stage of 23.6% must be damaged first. Next go to the higher purchase vicinity to ruin resistance 1.12977. If this takes place then the correction will genuinely arise. If it turns out the price maintains to fall again then the extent of fibo growth need to be touched so that it enters the higher promote area. This is wherein fees will chase help 1.12494 to retain the electricity of the USD.

Since the price is currently nonetheless in the loose region, the first-class recommendation on trading EURUSD nowadays is to observe the following pending orders:

Buy Stop 1.12977, TP 1.13276, SL 1.12494
Sell Stop 1.12494, TP 1.12255, SL 1.12977
The maximum charge the EURUSD foreign money pair can reach for nowadays is at the extent of 1.13518. The lowest charge appears to be at 1.11911 to indicate that USD still dominates Europe. Today's rate motion can reach round 1021 points to the ultimate consultation in America.

EURUSD is still in a bearish bias even though from today's H1 time frame the EU is testing the previous resistance at the price range of 1.12880, if when this resistance test the EU fails to breakout validly the EU still has the potential to continue its bearish trend. If that happens, get ready to look for opportunities to open sell positions in the area.

For alternative strategies if it turns out that the price managed to breakout validly in the previous resistance area maybe in that area we are looking for opportunities to open a Buy position.

Eurousd is likely to get the best momentum with a benchmark price support at 1.1214 as the last defense to be able to maintain its bullish potential, but if it succeeds in breaking down then it will deepen the decline to the lowest support 1.0220

EUR/USD Mid-Session Technical Analysis for February 15, 2019

Based something subsequent to them in the future price takeover the twist of the EUR/USD approaching Friday is likely to be fiddle behind by trader reaction to the resistance cluster at 1.1294 to 1.1296. The main trend is in include according to the daily adjust chart. Yesterdays closing price reversal bottom was an attempt to shift fee to the upside, but there wasn't a confirming follow-through rally today.

The Euro is trading belittle Friday after yesterdays promising closing price reversal bottom unsuccessful to attract large sum buyers to affix together the involve. U.S. Dollar traders seem to be shrugging off yesterdays weaker-than-traditional retail sales data at the rear some saying the description was skewed because of the meting out the shutdown. Others way of creature the numbers may have been understated colossal the stronger-than-atrociously thought of January Non-Farm Payrolls gloss. Additionally, the supplementary than the major buyer defending the 1.1250 level, there doesn't seem to be a lot of buying likeness at current price levels.

At 13:00 GMT, the EUR/USD is trading 1.1262, each and all one along 0.0034 or -0.30%.

The EUR / USD pair continues to provide positive trading above the 1.1300 barrier, accompanied by the emergence of overbought signs through Stochastic, which supports the downside potential to resume the expected bearish trend over intraday and short term basis. Our next target is at 1.1180, 1.1320 could push the pair to achieve more intraday gains of 1.1370 and could extend to 1.1443 before deciding the next destination more clearly.

price is above the daily pivot 1.1324.
A small MA is above the big MA, the price is between the two MAs.
The price forecast will be bullish, but it will retrace first with the initial target of Resistance 1.
Possible to penetrate to Resistance 2.

permission to comment again, bro, because I haven't found a point from your reply to my question, that after we put the pending order at that price along with the take profit and stop loss, what if the stop loss is, while the above gives the ratio 1: 2, what if the stop loss is experienced 3 times in a row ,, is there a way to be able to make the BEP account minus the balance ... and I mention a little about buyers who only have information about prices as written above, bro, I did not catch the conclusion, hehee

Oh, sorry, sorry, bro, for SL, for the time being, use 250 pips and 500 pips TP, RR only 1: 2 even though this is still a trial using SL / TP because usually I never use SL, only TP. This technique is actually the entry point, bro, the exit can vary according to market conditions and the willingness of the trader. Suppose that after pending orders are touched and the price really bounces to become a trend, then I leave up to a few hundred pips so that the maximum profit.