EURAUD price can come down to fill the FVG and move upto the level of yesterday's high. Lets wait and see the price action.
TP: 1.62317 SL: 1.64671 In this trading strategy, we present a compelling opportunity for a long position on the EURAUD currency pair, focusing on the 1-hour timeframe. By incorporating key technical indicators such as the Exponential Moving Average (EMA) 200, Moving Average Convergence Divergence (MACD) for trend analysis, and Supertrend for entry signals,...
The strict beauty of the chart is a reflection of the fierce eternal battle between the bulls and bears and right now I can clearly see that the bears are taking over so we will bend to the will of the crowd and sell too. ❤️ Please, support our work with like & comment! ❤️
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
AUD/CAD is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.8951 which is a pullback resistance that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 0.8989 which is a level that sits above a pullback resistance. Take profit is at 0.8904 which is a pullback support that aligns...
Hello,Friends! We are going short on the AUD/CHF with the target of 0.588 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
Identified an hourly channel breakout on this pair where we may see a retracement to the downside following the bottom-level support highlighted. This level of support held close to 38% on the Fibonacci retracements. A well-managed short position might generate something in between 30-50 Pips worth of profits.
There is a clear head and shoulders pattern on the daily chart. Lower time frames also support a bearish bias. The beginning of the right shoulder presents a great entry point. It is also a great opportunity for mean reversion traders.
✅AUD_CAD is trading in An uptrend and the pair Broke the key horizontal Level of 0.8950 made a Retest and is going up Again so we are bullish Biased and we will Be expecting a further Move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
A #short trade opportunity recently presented itself on the #aussieswissy (#AUDCHF) #trading chart 📉. This is indicated by the #bearish engulfing candlestick 🕯️ pattern just below the 0.59973 horizontal resistance level. This indicates a rejection of the same level, with potential price move in the downward ⬇️ direction (#sell). Sufficient downward momentum...
“The Trend is your best friend” This statement holds true in all aspects of trading; and in this case with EURAUD, we see an example of this. Remember, Trading is basically “strategic gambling” when simplified to the average person. However, if we can form multiple confluences along with price action and market structure, our probabilitys go up. **Remember Risk...
Welcome back! Let me know your thoughts in the comments! ** EURAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
AUDNZD is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg up could go for new HH. What you guys think of this idea?
Pair Name : EUR/AUD 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Direction ( Short ) Type : Mid Term Swing ——————————— Bearish Break...
Well, as you can see, the price purged the weekly external range liquidity, had a bearish reaction, and shifted the market structure, most likely we are on the sell side of the curve now. Recently the price took the sell side liquidity which can cause the price to move higher to collect the buy side liquidity and then drop to draw on liquidity. The price can...
We are looking for the retracement over Fib(0.318) and a continuation starting from Fib(0.136) to the upside. Price may stuck between 0 and 0.136 level and would like to retest Fib(0.618) where we may hede with 3x lots. Plan is to risk a total of %1, so that 3x lots and 200 points (20 pips) SL should be equal to the %1 of your account. Placed a buy stop at 0.89680
Waiting for a break and retest of 1.64075 to short EURAUD back to Daily swing low at 1.61802 If you agree drop a like and if you have any questions leave a comment :)
✅EUR_AUD broke the rising Support line and the breakout Is confirmed so we are bearish Biased now and we will be Expecting a further Move down next week SHORT🔥 ✅Like and subscribe to never miss a new idea!✅