Eur-aud
EUR/AUD 4H SHORT EUR/AUD May fall 100+pips
Insight: Price is moving in a downwards trend and has formed a symmetrical triangle with support at 1.79441. Price is likely to head towards resistance at 1.80759 before a pull back to the downside.
Intraday - 4H
Trade: Sell
Sell or Below 1.7944
Entry: 1.7864
Target TP: 1.7829 & 1.7708
Pivot and Support 1.7944
Alternative scenario:
Trade: Buy
Buy or Above: 1.8297
Target TP: 1.8436 & 1.8583
EURAUD Will price push back down to the .618 Fibb? This is a full breakdown of my perception of Price action on higher time frames! I take my entries using smaller time frame confirmation and you should too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Good Luck!!!!!!!!!!!
Possible trend shift in EURAUD – going short SELL
1.94314 - 1.97502
Signal ID: 71210
Time Issued: Thursday, 19 March 2020 03:00:15 GMT
Status: open
Entry: 1.94314 - 1.97502
Limit: N/A
Stop Loss: 2.02283
The Tidal Shift Strategy has just sold EURAUD at 1.95908. The system recommends entering this trade at any price between 1.94314 and 1.97502. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at -2.81524, which suggests that the EURAUD could be trending downwards.The 14-period Average True Range on a daily chart is 0.01275, so the stop loss has been set at 2.02283. 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.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.
EURAUD Will price finally fall from here? This is a full breakdown of my perception of Price action on higher time frames! I take my entries using smaller time frame confirmation and you should too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Good Luck!!!!!!!!!!!
EURAUD shortGOOD DAY TRADERS. First off please do me huge favor and run up Sharing Profit on Youtube.com and show some love! @
www.youtube.com ... a LOT more educational videos will be uploaded real soon.
KEY KEY levels, we pushed hundreds and thousands of pips these last few weeks and I believe EA was pushing exactly for 1.82809 just to drop right back down, but we will see.
Already in short personally.
Please let me know in the comment section below if you have any questions, tips or suggestions! -CO
Exhausted, Overextended & Double Topped: Oh My! EURAUD made a ludicrous 1000 pip run from the 1.61 level and handly pulled back. Price finally gave sellers a hand in the markets at the 1.71xx handle and is now making a double top offering a second chance to enter.
There is an abundance of unsettled bank liquidity below that needs to get clapped.
Targets: 1.676, 1.658, 1.645, 1.63178
EURAUDTF: 4 hr
Looking for sells and potential wicking candles around the blue zone. Double top with rejection, bearish divergence on the RSI, and stochastic indicating overbought conditions make this a great short opportunity.
Red dashed lines are Fibonacci clusters pulled from the previous impulse at 1.6120 area, look for some reaction around these lines.
Don't miss the great sell opportunity in EURAUDTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.6950). 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 downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 66.
Take Profits:
TP1= @ 1.6615
TP2= @ 1.6400
TP3= @ 1.6085
SL: Break Above R2
Don't miss the great sell opportunity in EURAUDTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.6950). 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 downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 66.
Take Profits:
TP1= @ 1.6615
TP2= @ 1.6400
TP3= @ 1.6085
SL: Break Above R2