EURAUD BUY IDEAWe notice in the chart that the pair continued to decline in the previous period
But it appears in some indications that the pair has lost the selling power
The price is now in a strong support area, and there are signals to start buying, and this area is a consolidation area
The price after the reversal showed slight buying power
I expect to buy in the short and medium-term unless the price breaks the support zone down
Eur-aud
EURAUD - SWING - 14. SEPT. 2020Welcome to our weekly trade setup ( EURAUD )!
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1 HOUR
Very bearish price action breaking below main sr level.
4 HOUR
Overall sideways moving market, good short entries!
DAILY
Expecting another push to the downside.
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FOREX SWING
SELL EURAUD
ENTRY LEVEL @ 1.62820
SL @ 1.63440
TP @ 1.61970
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 on the test of the weekly structure (W/D/4h) 🦐EURAUD on the monthly chart has been moving inside a channel.
On the weekly chart market after the retracement till the weekly resistance has turn down and looking fot a test of the weekly support and the the dynamic trendline (red) .
On the 4h timeframe after the break of the structure (yellow) we see a string of red candle without any green one so being monday the last day of the month we can expect some retracement during next week.
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Follow the Shrimp 🦐
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 Plancton0618 strategy will trigger.
Some lovely open positions - 5 min quick recap!Some momentum entering the markets over the last week to 10 days as move into the last month of the quarter.
Summer months can lack trading volume, so lets see how the quarter end.
We currently have a couple of projects ongoing with out community so we have been a little quiet on here over the last few days.
I thought I would share however, a quick recap on some lovely developing moves.
Its only 5 mins, grab a brew and have a watch!
Thank you
Darren
A trade I took earlier EUR/AUDI took this trade way earlier after the cross of the red support line and as you can see it is about to hit my target profit.
Tell a friend to tell a friend I want to see everyone eating right.
Feel free to like and follow, thanks.
The ichimoku is used to confirm trend direction but price action is always my best source.
EUR/AUD buy oppotunityEUR/AUD has returned back to an area of support around the 1.6355 level.
Previously we have seen price hit this level of support and then retrace upward towards resistance.
We could see bulls come back into play at this level to drive the price back up to the area of resistance.
I will look to enter a long trend following confirmation of bullish candlesticks as well as crossovers of the MACD and RVI.
EURAUD - SWING - 25. AUGU. 2020Welcome to our weekly trade setup ( EURAUD )!
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1 HOUR
Bearish market open and turnaround.
4 HOUR
Price closed above main sr level, good long entries!
DAILY
Overall sideways moving market structure, looking for another push to previous highs.
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FOREX SWING
BUY EURAUD
ENTRY LEVEL @ 1.64660
SL @ 1.64210
TP @ 1.65340
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 Monthly/Weekly 🦐EURAUD on the monthly chart has been moving inside a channel.
On the weekly chart market respected the dynamic trendline (red) and price after the huge spike retraced back till hitting and starting a new leg up.
Price is now close to a weekly resistance and IF the market will break and close above it, we can look for a nice long order.
On the other case, IF the market will not manage to break the upper structure, we will monitor the price till a possible break and restest below the weekly trendline for a nice short order.
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Follow the Shrimp 🦐
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 Plancton0618 strategy will trigger.
EURAUD ANALYSISEURAUD broke uptrendline
Pair is based below HVN at level 1.6488 which indicates that pair is in distribution phase
Below SMA 100
MACD shows bearish momentum
RSI is below level 50
It's expected for coming bearish movement to target first key level at 1.6350
then finally target support level at 1.6230
EUR-AUD STRUCTURE ANALYSIS|SWING LONG OPPORTUNITY
The pair is trading in a range with a bullish momentum, within the context of a larger daily support confluence and the bullish triangle.
All that gives us a hint to expect a bullish breakout. However, the situation is complicated by the fact that the breakout up of the current range resistance will let the price out into the narrow red decision corridor, between the range resistance and the larger horizontal resistance.
1-IF both are broken>>
2-wait for pullback
3- enter a great swing long.
4-SL Below the level
If the range level stands, then we will see a pullback to the local support for accumulation of power for the new resistance re-test!
Thank you for reading, like and subscribe and have a nice day!
EUR/AUD Bouncing at the Range🔸 4H CHART EXPLANATION:
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🔸Price broke the Descending Trendline.
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🔸It could not break the Resistance Zone to the upside.
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🔸 Now, it has broken the short term Ascending Trendline to the downside. We consider that this pair has potential to reach the Support Zone.
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🔸 Will look for a lower timeframe bearish setup.
🔸 DAILY CHART ANALYSIS:
EURAUD - SWING - 17. AUGU. 2020Welcome to our weekly trade setup ( EURAUD )!
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1 HOUR
Bearish market open and price action.
4 HOUR
Break and close below main sr level.
DAILY
Overall bullish market about to turn.
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FOREX SWING
SELL EURAUD
ENTRY LEVEL @ 1.64710
SL @ 1.65400
TP @ 1.63750
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