DISCLAIMER Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary, and does not constitute investment advice. i will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such...
the story of EURAUD lets wait and see this is a tutorial of how the market structure works
Placing a stop, finding a target...going to bed. How I managed a trade that is not moving well.
EURAUD – Sellers keep moving forward Trend: Sell Neutral Support/Resistance: R3: 1.61807 R2: 1.60908 R1: 1.60468 S1: 1.59558 S2: 1.58804 S3: 1.57752 Price action: This trade is very good to understand reversals. In this case you can see overall buyers zone, but if we compare both sides momentum flow, then we can understand that Aud currency is...
Judging realistic entries and targets with higher time frames.
Comparing two other traders. Also "planting the seed" with an idea or two for traders looking to expand their technique. Bitcoin brief followup.
Dears, please, follow our instructions as mention on the chart. thank you and good luck.
EURAUD price broke diagonal wedge support. Diagonal support line now becomes diagonal resistance because price broke and closed below the diagonal level. WAIT FOR THE RETEST OF THE DIAGONAL LEVEL. Enter on the retest at level 1.63084 with a market execution order or sell limit order. Exit at the next horizontal support resistance line for Take Profit. Exit at...
EURAUD – Sellers trending is on the way and the reason could be Trend: Strong Sell Support/Resistance: R3: 1.61423 R2: 1.61139 R1: 1.60770 S1: 1.60108 S2: 1.59538 Price action: From previous day sellers led and give us a reason to sell even more, but the price has to hold below resitance level at 1.60770. Sellers targets are next to first and lower to second...
#1, We want to see short-term downside until we find nice buy opportunity. We are still in bullish trend ! #2, For now, We look for sell from the above resistance area. Relate this idea with your setup and see if its connecting something similar. This publishing is for educational purpose only.
The EURAUD daily chart corresponds to the example of our latest educational article "Impulsive Waves Construction - Part 1".
The EURAUD daily chart corresponds to the example of our latest educational article "Impulsive Waves Construction - Part 1"
Just something im seeing on the daily chart. Im thinking the daily pullback could create a Right Shoulder giving us a "Downward Leaning" Head and Shoulders Pattern. Remember that if the Pattern is "Leaning Downward" , It is said to be considered MORE RELIABLE... Lets see what happens next week!
Welcome to DACapitalTrading, We provide any kind of Technical and Fundamental Analysis for Forex and Crypto-Currency Markets every day! - 1 HOUR Sideways waving market looking for a takeout direction. 4 HOUR Heading down, I see a break below previous week lows. DAILY Bullish market found its top and resistance now, we need a pullback to takeout long...
Here is a long trade I have taken on EURAUD but unfortunately did not manage to post to trading view before my entry. I will cover the basic analysis for entering this trade below: Technical Analysis: - Descending Wedge Pattern - Price is Squeezing - Rejections of 1.57/1.57150 support zone - Anticipation of the wedge breakout Fundamental Analysis: - Gold price...
Technical Analysis: Price on the 4h has just broken structure to the downside showing the maybe for the next few days or even weeks we could be falling pretty heavily. When you look on the 1h timeframe it looks as if EA has a lot of momentum to the upside, which it does for now but at the same time this could be an ABC corrective wave to the upside before...