EUR/AUD Short Setup | DovyFXFinally EUR pushed back up to retest this zone. I have been waiting for this for 3 days... I will wait for price to close below the blue line to go short on this setup. Cheers!
DovyFX
Eur-aud
EURAUD shorts EURAUD SHORTS
FIB GIVES us a road map if we see this stop at any level before our 78.6 we could see this pair fall to the levels below
EURAUD - PREDICTIONI'm actually bearish for the first time in 2 months on this pair now we've broken the weekly support.
Looking for the retest and continuation of the channel structure.
Euraud...Looking for some pullback to short...Waiting to short this onto the downside.Right now not the time yet...
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EUR/AUD Short SetupWith 4h closure below strong resistance I would like the price to come back to test the level and with a nice indication of resistance I can see EUR/AUD dropping lower.
EURAUD - SWING - 07. DECE. 2020Welcome to our weekly trade setup ( EURAUD )!
-
1 HOUR
Strong bullish reaction towards main sr level.
4 HOUR
Overall bearish market structure about to drop!
DAILY
Great short entries, prices too high imo.
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FOREX SWING
SELL EURAUD
ENTRY LEVEL @ 1.63170
SL @ 1.64070
TP @ 1.61920
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
EUR/AUD Long - Target pattern highs- Daily - Slight descending channel with a double bottom at the 3rd touch of the pattern. Leading up to the double bottom there was another descending channel which price impulsed out of and in the next flag correction, I was looking for buys.
- 4hr - After the impulse out of the descending structure, a bull flag formed with a double bottom that I was looking for signals for an entry.
- 1hr - As price approached the double bottom within the flag, price formed another descending channel and I set my order on the break of the pattern.
EURAUD - PREDICTIONDon't be put off by all the charting, let me break it down.
Firstly what can we see?
The blue line is a weekly trend line dating back years which as you can see, isn't breaking.
This is followed up by the daily support in grey.
In red, we have a Bullish Flag pattern. Buys on the break of the high of the flag is favoured with clean traffic.
Alternatively, we could see the usual correction to 61.8% fib as highlighted before another push.
3rd scenario is we retest that bottom support but unlikely.
EURAUD trend reversalThis week we saw an exceptional strength of the euro and it is the strongest against the USD.
This leads to a break of the downward trend in EURAUD and an expected reversal.
We already have a test and a repulse, so we can look for the next rise.
The first target will be 1.6478, followed by 1.6539.
There are 180 pips to the second goal, and the price should not return below the previous bottom.
If you liked this situation, like the analysis and share in the comments!
How to trade a Range / Real case on EUR/AUDGood morning traders! Today we detected a trade opportunity in the EUR / AUD pair and we want to share with you in detail how we perform a multi-timeframe analysis to develop a setup.
🔸The first step is to start on a high timeframe chart in order to see the long-term behavior, whether it is in an uptrend, downtrend, or range.
🔸What we see on the daily chart of this pair is that it has been moving within a range for several months without a clear main trend. Of course, inside this range, there are internal trends of less temporality, which is what we will use later to be able to develop the setup.
🔸Talking about the price situation at this time, we see that it is coming out of a support zone that was tested multiple times, and that each time it faced that zone it generated an upward movement. Because of this, we are now expecting the same behavior.
🔸Decreasing the timeframe to 4H, we are preparing to analyze the short-term behavior.
🔸Following the bounce in the support zone, the price broke to the upside the Descending Trendline, this was a strong bullish sign. The problem with this break is that there was a Resistance zone very close, so we needed this zone to be penetrated to the upside before looking for an opportunity.
🔸This is what happened a few days ago. The price generates a bullish breakout, and not only that, but also begins a corrective process in a throwback to the support zone (previous resistance).
🔸Due to all this confluence of factors, we consider this pair to be a good opportunity.
🔸Using the cloning of the first impulse as a movement objective, it offers us an excellent risk-benefit ratio.
EURAUD: Bullish Move From Key Level
EURAUD is taking off from key daily structure support.
The price has formed a double bottom with a higher low on 4H and recently broken and closed above the falling trend line.
Now the area between a neckline of double bottom and broken trend line serves as a local demand area.
From that, I will expect a bullish continuation.
Goals:
1.633
1.645
EURAUD testing a descending trendline 🦐EURAUD on the 4h chart is testing a descending trendline below the 1.62550 structure.
The price after hitting the 1.61500 area over a weekly ascending trendline couldn't break below and started a new bullish leg.
IF the market will break and close above the resistance structure and consequently break the trendline we will set a nice long order according to Plancton's strategy.
–––––
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.
Thanksgiving Forex Trading Strategies -Entries and Setups Please watch my other videos to fully understand my strategies! Like the video if you want DAILY setups like this.
This morning we will be taking a look at how I will be looking to day trade these currency pairs on the foreign exchange market, Forex. We will also look at the strategies that I will use or utilize for entries and exits according to my trading plan and strategies. All advice and analysis is discretionary and should be taken at your own risk. I am not liable for any losses you decided to take. These strategies can help produce an income through day trading Forex and make significant income if the proper risk management and trade management plans are followed for a consistently sustained period of time. I use a combination of market structure, price action, and confirmations to enter the market at exact times.
EURAUD at the bottom of a chaneelthe price have been moving in a chanel recently
i am looking to buy it when i see a RANGE perform after a V formation
"a range after a v formation allows us to trade big with confidence"
if you like the Idea please hit like and share your thoughts
EURAUD - SWING - 23. NOVE. 2020Welcome to our weekly trade setup ( EURAUD )!
-
1 HOUR
Price moving sideways..
4 HOUR
Expecting another push to previous highs.
DAILY
Overall sideways moving market after a bearish structure, good long entries!
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FOREX SWING
BUY EURAUD
ENTRY LEVEL @ 1.62040
SL @ 1.61680
TP @ 1.63140
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
EURAUD - SWING LEVELS EURAUD - Based on trend lines and parallel channel trend it is expected to go down from the current levels
My approach will be a sell here at current price 1.62270
Maintain stop loss around 1.63400
Potential downside target 1.59800
Trade as per your risk appetite, I will be glad to see your likes & comment.
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EURAUD 4h analysis 🦐EURAUD on the daily chart after the bearish leg retraced until the ema.
On the 4h chart price started a retracement move inside a minor channel and after touching the 0.5 is now testing the 0.382.
If the price will break below the channel and consequently break the support structure, according to Plancton's strategy (check our Academy), we can 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.
