EURAUD (Bearish)“The Trend is your best friend”
This statement holds true in all aspects of trading; and in this case with EURAUD, we see an example of this.
Remember, Trading is basically “strategic gambling” when simplified to the average person. However, if we can form multiple confluences along with price action and market structure, our probabilitys go up.
**Remember Risk Management and Candlestick Confirmation before blindly entering any trade**
Euraud4h
EURAUD: 10/04/2024 | SetupsFX_ |Dear Traders,
As we had explained before that EURAUD is likely to rebound once it come nears to a discounted price zone and price just did the exact same thing. Currently, we need ample volume for momentum to begin upwards, this trade currently in beginning stage and it is likely to continue rebounding as we progress. We need to keep an eye out at the downtrend trend line which remain vital for our trade to hit our target. If price rejects there then it is likely that it will create another lower low and may continue dropping.
Good Luck and Trade Safe.
20 Reasons for Buy EURAUD 🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1 ✨Eagle eye: Yearly Market is sideways. Both sides have imbalance areas, but most markets' sentiments are bullish
2 📆Monthly: market structure is bullish, and the current move is corrective, but now the market also changes character with the previous break
3 📅Weekly: a strong up move now makes a clear retest on weekly FVG and CIP, ready for another bullish impulse move
4 🕛Daily: previous retest support and bullish order block prepared for an impulse move
😇7 Dimension analysis
🟢 analysis time frame: daily
5: 1 Price Structure: bullish
6: 2 Pattern Candle Chart: panic bottom flag
7: 3 Volume: Heavy volume on bull candles
8: 4 Momentum UNCONVENTIONAL Rsi: Sideways middle bull phase
9: 5 Volatility measure Bollinger bands: Not supporting
10: 6 Strength ADX: full sideways
11: 7 Sentiment ROC: Eur is at full strength right now
✔️ Entry Time Frame: H4
12: Entry TF Structure: Bull to sideways
13: entry move: impulsive
14: Support resistance base: mid-order block support
15: FIB: discount price support
☑️ final comments: buy
16: 💡decision: buy right now
17: 🚀Entry: 1.5601
18: ✋Stop losel:1.5400
19: 🎯Take profit:1.6500
20: 😊Risk to reward Ratio: 1:5
🕛 Excepted Duration: 1 month
EUR/AUD SELL IDEA.....
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
If you like this idea, do not forget to support with a like and follow.
PLZ! LIKE COMMAND AND SUBSCRIBE.
EURAUD 4Hr Multiple Opportunities Short
As is, EURAUD is trading below previous Buy-zone.
For successful Short trade, rejection confirmation is necessary at prices 1.56045 and 1.55832
However! A very important point to note:
Price is ALREADY INSIDE A Monthly timeframe BUY-ZONE,
ie 1.53609 | 1.56976 IS Buy-zone for Target 1.63463.
This makes 1.54173 | 1.53609 zone have Confluence of Support.
Therefore, for this SHORT-TERM Short trade to be a success:
Confirm rejection to the downside at prices 1.56045 and 1.55832
Be aware that Buyers are exceptionally heavy at 1.54173 | 1.53609 zone--- Meaning, this is a zone where Long entries can be executed using confirmations.
Note: Idea is to complement your research.
Check comments section for future updates on idea.
Like this idea? Like, Share, Comment, Follow, (...)
Thank you. Happy Trading.
EURAUD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURAUD still in major ascending channelPurple rectangles = minor s/r area
purple line = minor trendline
euraud swings 4-5% (700-850 pips) within a month
My BUY ZONE entry: 1.6200 TO 1.6275
My TAKE PROFIT AREA: 1.6915 to 1.6990
patience is key. I want to see this happen by july 27th . one month away
Distance between the 2 area 640 pips
Stop loss should be no bigger than 213 pips or around 1.6000 which is major price
why?
Reward to risk
640 / 213 = reward 3x your risk
for example
if you risk 3% to make 12% every time you place a trade. You can essentially lose more trades than you win and still remain profitable trader.
EURAUD Buy signal setup 3hrEnjoy a free signal before the week gets started
Feedback, Likes, comments, and shares would be appreciated.
We have left a major 3hr s/r area where market has had a reversal
This would be a great opportunity to catch the trend reversal
Also we have 2 major monthly downtrend and uptrend lines colliding
Market has respected the major 12hr uptrend line, soon as it reached we saw a rejection 3x
then market rose to test a major 3hr downtrend, we saw a rejection
Currently looks like we are gonna be in a triangle pattern
I want to the market go down and test my major 3hr s/r area
and also possibly test the major 12hr uptrend line again
This should fuel the bulls to break up and above the major 3hr downtrend line
Currently we are just waiting for the best entry our chances look good.
EURAUD
Buy Limit: 1.6210 (Best entry takes the most patience)
Stop loss: 1.6110 (100 pips risk)
Take profit: 1.6710 (500 pips reward)
Risk: 1% to 3% of account (recommended)
Reward/Risk: 5.00 (500/100)
Buy Stop: 1.6310 (Only when market goes below this price will you be able to execute this order or you can use a buy limit)
Stop loss: 1.6110 (200 pips risk)
Take profit: 1.6710 (400 pips reward)
Risk: 1% to 3% of account (recommended)
Reward/Risk: 2.00 (400/200)
EURAUD Short term Sell Signal SetupHeres my analysis on EURAUD before the week gets started.
enjoy a free signal.
trade at your own risk.
SELL
Symbol: EURAUD
Entry: 1.6875 (Sell Limit)
Best Entry: 1.6915 (Sell Limit)
Stop Loss: 1.696 (-85 to -45 pips from B.E.)
Take Profit: 1.676 (+115 to +155 pips from B.E.)
EURAUD Buy signal setup with potential for longterm holdHeres my analysis on EURAUD before the week gets started.
enjoy a free signal.
trade at your own risk.
BUY
Symbol: EURAUD
Entry: 1.680 (Buy Limit)
Best Entry: 1.676 (Buy limit)
Stop Loss: 1.671 (-90 to -50 pips from B.E.)
Take Profit: 1.697 (+170 to +210 pips from B.E.)
Take Profit 2: 1.729 (+490 to +700 pips from B.E.)
EURAUD Buy signal setup with potential for longterm holdHeres my analysis on EURAUD before the week gets started.
enjoy a free signal.
trade at your own risk.
BUY
Symbol: EURAUD
Entry: 1.6625 (Buy Stop
Best Entry: 1.6575 (Buy limit)
Stop Loss: 1.651 (-115 to -65 pips from B.E.)
Take Profit: 1.676 (+135 to +185 pips from B.E.)
Take Profit 2: 1.6965 (+340 to +390 pips from B.E.)
trading Pathways Analysis of EURAUD H4 ChartTHIS IS AN UPDATE FROM LAST WEEK WHERE I HAVE TAKEN ACCOUNT OF NEW PRICE DATA but it is essentially the same forecast as last week.
The outlined white arrow pathway is the predicted pathway that the EURAUD will follow in the coming days or weeks. Using my unique charting methods, I have been able to arrive at HIGH PROBABILITY turning points where EURAUD will turn.
PLEASE NOTE THE ABOVE ANALYSIS IS FOR EDUCATIONAL PURPOSES ONLY. THEY ARE NOT DIRECT INSTRUCTIONS TO TRADE AND ANY LOSS INCURRED BY FOLLOWING THIS ANALYSIS IS AT YOUR OWN RISK.
Eiseprod of Trading Pathways