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Eruaud

AUDNZD Fall from BANK LEVEL ResistanceWelcome back! Let me know your thoughts in the comments! **AUDNZD - 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 straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Short
by BKTradingAcademy
2
(4h, $EURAUD)(4h, $EURAUD) the general price movements is in major-ascending-channel after confirm the support and resistance level. The current state of the price is moving in consolidation-area after getting bounced from the Support-level of the Mini-ascending-channel, we can tell by the previous price action that the price was facing high selling pressure which is normal to push the price to it's logic zone where it gonna get bounced from. The price got rejected by the Resistance and support-levels of the area of consolidation while there's no confirmation for breakout yet, there's some fakeout around the levels but nothing serious and the volume confirms this, The deal now is to wait for the price to breakout and confirm it's direction by start making higher highs / higher lows, in order to go Long and trade following the general price movements. *The price ain't oversold/overbought and that's mean that this consolidation area will not stay for a long-time, meaning, the breakout is anytime soon. ⏰ Set Alert at (1.613) level in order to catch the next Long movements after breakout & getting all the Confirmations. - Original post: stocktwits.com - HQ Chart: ibb.co
Short
by FirasMohamed
LONG Possible trend shift in EURAUD – going longThe Tidal Shift Strategy has just bought EURAUD at 1.59629. The system recommends entering this trade at any price between 1.59456 and 1.59802. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours aThe Tidal Shift Strategy has just bought EURAUD at 1.59629. The system recommends entering this trade at any price between 1.59456 and 1.59802. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at -3.37854, which suggests that the EURAUD could be trending upwards.The 14-period Average True Range on a daily chart is 0.00138, so the stop loss has been set at 1.58938. This stop loss order is a trailing stop that will move up as the market moves up. There is no profit target for this strategy. We expect to be closed by the stop loss.Tidal Shift is a trend trading strategy that aims to catch shifts in trend using trader sentiment as an indicator. The strategy looks to buy when the Speculative Sentiment Index reaches its lowest value for the past 145 trading hours, and looks to short when it reaches its highest value for the past 145 trading hours. Signal ID: 64364 Time Issued: Tuesday, 19 March 2019 03:00:15 GMT Status: open Entry: 1.59456 - 1.59802 Limit: N/A Stop Loss: 1.58938 CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.88% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Long
by FXCM