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Eur-aud

EURAUD looking for an inversion 🦐EURAUD after our previous analysis reached the weekly support. The market is still moving inside a descending channel and according to Plancton's strategy if the price will break above we can set a nice long order. –––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
2
HATE TO SAY, WE ARE STAYING ABOVEIDEA BEHIND THIS TRADE: 1. FIRST OF ALL, I planned this trade after CPI on 10 Mar 2021. From my POV, I think EURUSD is forming the bottom for sure this week. 2. I really think this pair will not break the bottom, instead of breaking the current low. The market takes an interest to test the top. 3. What I plan here we are going to top and form a lower high and we saw a fall from there. Maybe a week swing trade duration. Thanks for taking time to read my idea and like & comment is much appreciated. thanks.
Long
by FxBrewer
EURAUD on a bear flag 🦐EURAUD after the recent lows created a string impulse until the 1.57 area. From there the price moved to the lower side and currently is moving inside a bear flag. According to Planctpn's strategy if the price will break below we will set a nice short order. –––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Short
by InkyGrip
10
EURAUD is facing bearish pressure, potential for downsidePrices are facing bearish pressure from 1st resistance level , in line with horizontal swing high resistance, which coincides with 78.6% Fibonacci retracement as well as 50% Fibonacci retracement . Prices might push down to our 1st support level which is in line with 61.8% Fibonacci extension , 127.2% Fibonacci extension as well as horizontal swing low support. If prices break through 1st resistance, it might hit the 2nd resistance which coincides with the 127.2% Fibonacci extension . Stochastics is also showing that it might face resistance and pullback from the 77.0 level.
Short
by FXCM
2
EURAUD is facing bearish pressure, potential for downsidePrices are facing bearish pressure from 1st resistance level, in line with horizontal swing high resistance, which coincides with 78.6% Fibonacci retracement as well as 50% Fibonacci retracement. Prices might push down to our 1st support level which is in line with 61.8% Fibonacci extension, 127.2% Fibonacci extension as well as horizontal swing low support. If prices break through 1st resistance, it might hit the 2nd resistance which coincides with the 127.2% Fibonacci extension. Stochastics is also showing that it might face resistance and pullback from the 77.0 level.
Short
by FXCM
3