Hi traders
I Have started this thread to try and help traders get the full ins and outs of EUR/USD. I am using one of our very own custom indicators together with my own analysis and AI - Powered systems to try and help others trade profitably and successfully. Every trader has the full right to post and comment only on EUR/USD, challenges are welcome and everyones point of view is never wrong and i believe your point of view is important.
Welcome to Swing trading with Avramis Swing. I am excited to get this thread going. Hope my views can help everyone out there.
Thank you
Yayyyy… let’s get the thread going!!!
Hi Traders
EUR/USD Multi-Timeframe analysis
H1 CHART
The market is approaching the resistance at 1.20463 . We are waiting to see reversal signals in order to reinstate SHORT positions. Next important resistance is the 1.21200 level.
Support & Resistances
1.20225 1.20463
1.20085 1.21200
1.19847 1.21276
H4 CHART
The market is approaching the resistance at 1.20494 . We are waiting to see reversal signals in order to reinstate SHORT positions. Next important resistance is the 1.20808 level.
Support & Resistances
1.20225 1.20494
1.20066 1.20808
1.19797 1.21487
DAILY CHART
A medium probability, entry signal to go SHORT was given at 1.20773 after the market found resistance at 1.21722 . Only the upward break of 1.21722 would cancel the bearish scenario.
Support & Resistances
1.20527 1.21887
1.19190 1.23485
1.18237 1.24438
WEEKLY CHART
The market is dominated by uncertainty. The occasionally prevailing trend lasts for a limited time and changes its direction too frequently. As long as the market remains unstable, we stay aside, waiting for the market to get back on track.