Vladimir Ribakov analyzes EUR/USD across multiple timeframes. On the daily chart, he spots a bullish divergence where price makes lower lows while MACD and RSI make higher lows. He plots Fibonacci expansions on the 4-hour chart to identify zones where he expects a trend flip and buying opportunities.
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Hello traders, how are you? Vladimir here from Traders Academy Club, and in this video my analysis on the euro dollar. Uh, and before I go to the charts, if you are new to this channel, welcome to our community. Please subscribe with the subscribe button below the video, and also I invite you to our trading family, Traders Academy Club. Where you will enjoy from your full VIP price action course, where you will enjoy from all our real-time trading ideas and real-time trading education. Every single trading idea comes with a detailed dedicated video explaining all the trading techniques behind the trading opportunity. So join our family with the link below this video in the description. And now to the charts. This is the analysis to the EUR/USD. As I said before, And a follow-up to the analysis I did in the weekly forecast. If you missed the weekly video, you can find it directly on this channel, and you can find it right now on the right top corner of this video. I'll put there the direct link, so watch that so you can understand why am I bullish on the euro dollar. So, so far The bullish idea really goes pretty well. We are developing the waves. We did not yet make any significant pullback, and the way it looks right now, we are about to complete this final rally of the first— what I expect to be the first of the two bigger waves. Okay, the reason I expect that to happen is that we are bouncing right off a very important weekly supportive area, strong, um, demand level. And after the first engulfing, we create another great bullish candle. I believe we are going back to this volume area. Now, speaking about the volumes, uh, as always, I would like to remind you, if you still did not do that then you are very welcome to go and download my volume indicator. This is a key trading level. This is the one that you can see on my chart defining all the levels and all the time frames in one easy control. Here you can download this indicator together with this virtual trading pen I am using. In the description below this video, you will find there the direct links— KTL indicator and the virtual trading pen. Download, install, enjoy. So, uh, Going back to the daily, from the weekly to the daily chart, we got the flip here with a bullish divergence. Lower lows on the chart versus higher lows on the moving average of the MACD as well as the RSI. We flip now making the higher high, so I expect this to be the first leg of a deeper correction. And speaking about that, let's take a look on the current. Important levels we are heading towards. But this is the main zone, okay? The last low of the downtrend versus the last high of the current downtrend. This becomes a very, very important zone for this first leg where there is a very good chance we will see some sort of top and rejection and the price trying to make the pullback before rallying again. Taking it to the 4-hour chart, and I'll put these 2 waves— uh, sorry, 2 Fibonacci expansion here on these waves— and we get this powerful area and this powerful zone, right? These are the 2 zones where I expect to see the flip taking place. And once the flip takes place, I believe we should be looking for next further buy opportunities to continue with the sort of a recovery mode on this pair. So let me know what do you think about the EUR/USD, and if you find this video and other videos I publish here useful, hit this like button below the video. Uh, for any questions, you can write down in the comment section. I'll be more than happy to answer and assist with anything I can with. And, um, thank you for your time watching this video. Once again, invite you to our trading family, Traders Academy Club. Enjoy the best of the value we have to offer. The link to join us is right below this video in the description. I hope to see you with us. I wish you and yours all the best. Thanks for your time once again. I'll see you soon with more. Bye for now.
