EURAUD preparing for a big drop!!EURAUD has formed strong bearish price action on the 4H timeframe. The price is already long-term bearish. After the previous month's bearish engulfer, this moths price already retraced, now preparing for a big drop to create a new lower low!
The current price has broken the previous swing high, grabbed liquidity, and started to drop with 4H bearish engulfer
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Euraudanalysis
DeGRAM | EURAUD sell pullbackEURAUD is pulling back to its resistance level after making lower lows.
Price action created a breakout pullback continuation pattern.
A perfect entry signal is going to be a false break.
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EURAUD topdown analysis, UPDATED!!Hello 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 prearing for another drop!!UDATEDEURAUD ( 4H ) has broken out of support and is preparing for another drop. On the bigger picture, monthly there is bearish engulfer has formed on a strong down-trending market. price grabbed liquidity with strong doji and it is a high probability that the price will continue to drop in the direction of the major trend.
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EURAUD preparing for a drop!EURAUD ( 4 H ) has broken out from the symmetrical triangle with a bearish engulfer with an element of false breakout means there is a high probability of dropping this price as after the monthly bearish engulfer, higher timeframe long-term downtrend is resumed.
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EURAUD - Potential Double Bottom 👀Hi Traders,
EURAUD price action is shaping up for a potential buy opportunity. Looking at the HTF, price broke out of a descending channel following with a continuation correction which price impulsively broke higher creating higher lows but failed to continue any further. Looking at the LTF price made a double top and is currently consolidating which I will be looking for a buy opportunity at the double bottom area if only I see a bullish confirmation.
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BUY [EURAUD]EURAUD Setup / Analysis
🕐 4hr's Chart
Key Technical / Reason's LONG
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What is our confirmation?
- Breakout trendline and retest
- Resistance & Support
- Pressure zone
- Pivot and MA rejection confluence
- Ascending Pattern
- Descending Pattern
- The pivot zone
- Demand Supply
- Candlestick Patterns
EURAUD possible sell zone!!EURAUD ( D) has formed a daily hanging man on an important level of resistance. There is a high probability that the price will have another drop as after the monthly close, it has formed a monthly very strong bearish engulfing pattern means a long-term down trend resumed.
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DeGRAM | EURAUD sell pullbackEURAUD broke and closed below the psychological number of 1.4600.
If the price returns to resistance, we may look for a trend selling opportunity within the main bearish trend.
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EUR pairs 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.