EURAUD appears oversold SELL
1.65292 - 1.6621 Add to Watch List
Signal ID: 72156
Time Issued: Friday, 12 June 2020 01:00:15 GMT
Status: open
Entry: 1.65292 - 1.6621
Limit: N/A
Stop Loss: 1.67586
The Congestion Opportunities Strategy has just sold EURAUD at 1.65751. The system recommends entering this trade at any price between 1.65292 and 1.6621. The signal was issued because the 28-hour Relative Strength Index indicates that the EURAUD may be oversold, while the Speculative Sentiment Index reading of -1.4589 indicates that trader sentiment is not at extremes.The 14-period Average True Range on a daily chart is 0.01835, so the stop loss has been set at 1.67586. This stop loss order is a trailing stop that will move down as the market moves down. There is no profit target for this strategy. We expect to be closed by the stop loss.Congestion Opportunities is a range trading strategy that aims to sell overbought currency pairs and to buy oversold currency pairs. The strategy will only trade when the Speculative Sentiment Index for that currency pair is between -1.5 and +1.5. Limiting range trading in this way has shown in the past to significantly raise the probability of successful range trades.
Eur-aud
EURAUD LONG TRADE PLAN 70-PIPS.Please manage your risk. Use Stop loss. And do not take blind entries.
If you have question let me know. If you want to analyze any pair let me know.
This is just an idea. what we see.
Market can go in the opposite direction, what we analyze. so we have to manage our risk and adopt the situation accordingly.
Quick SHORT on the EURAUD: Breakout of Descending WedgeWe can see on the H4 and D1 chart that EURAUD has accumulated enough sell pressure to breakdown from the support line of the big descending wedge, with today's highs being rejected by the bottom of the wedge line, hence flipping it to resistance @ 1.65504
Now we take a look at the technicals
- MACD going over into the red, deeply in the SELL zone
- Sell volumes increasing steadily, indicating increased shorts and interest --> Momentum for further downside (Tip: A decreasing volume in 1 direction indicates the imminent reversal of the trend)
As always, feel free to like and comment if you enjoyed my posts, trade safely and carefully!
Best Regards,
GOLD D ROGER
EURAUD LONG TRADEEURAUD rebounded from demand zone between levels 1.5965 -1.6085 with confirmation of pin bar candlestick
RSI reached oversold region on H4 frame
Price is based on HVN at level 1.6181 which indicates that pair is in accumulation phase
It's expected for coming strong bullish movement to first target key level at 1.6540
then finally target resistance zone at level 1.7125
DOUBLE TOP IN EURAUDHello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis.
As we can see, the price has made a double top. One can take a sell trade, once the price breaks the neck line.
Let us know your views on this in the comment section. Thank you all.
There is good news for our followers. We will be analyzing on-demand. So let us know which pair you want our analysis on and we will get it for you. Do like and follow us.
Ryan.R..Lopes
Is This Week In Favor Of The Bulls? Depends On The WeeklyThis did not beat the last lower high, so waiting to see if what will happen when price decides to make a return trip to the weekly 1.66128 zone.
Just going to play this out zone to zone for now and see if this is a continued bearish trend or not.
BULL TPS:
• 1.67637
• 1.68857
• 1.70101
BEAR TPS:
• 1.66260
• 1.64795
• 1.63299
EURAUD| BUY TRADE📈| MOMENTUM TRADE🌟Hypothetical scenario:
(1) Entry @ 1.66665(Buy LMT)
(2) Stop Loss @ 1.65540 | 111 pips
(3) Target @ 1.68925 | 226 pips
(4) R:R = 1:2.03
Stay tuned for the updates.
Follow and leave a like if you liked this idea and want to see more!
*DISCLAIMER*
This post is solely for educational purposes and does not constitute any form of investment / trading advice.
EURAUD - SWING - 29. MAY. 2020Welcome to our weekly trade setup ( GBPUSD )!
-
1 HOUR
Very bullish price action above main sr level.
4 HOUR
Strong waving market took out previous lows and skyrocketed instantly!
DAILY
Overall ranging market at its lows, we might see another push to the upside!
-
FOREX SWING
BUY EURAUD
ENTRY LEVEL @ 1.67080
SL @ 1.66280
TP @ 1.68390
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
Don't miss the great buy opportunity in EURAUDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.6585). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURAUD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 59.
Take Profits:
TP1= @ 1.6883
TP2= @ 1.7195
TP3= @ 1.7737
SL= Break below S2
Don't miss the great buy opportunity in EURAUDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.6585). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURAUD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 59.
Take Profits:
TP1= @ 1.6883
TP2= @ 1.7195
TP3= @ 1.7737
SL= Break below S2
EURAUD - SWING - 18. MAY. 2020Welcome to our weekly trade setup ( EURAUD )!
-
1 HOUR
Bearish market open and price action.
4 HOUR
Strong waving market structure with break below sr level.
DAILY
Expecting another push to the downside.
-
FOREX SWING
SELL EURAUD
ENTRY LEVEL @ 1.67490
SL @ 1.68720
TP @ 1.65740
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