Euraudanalysis
EURAUD | Breakout insightEURAUD, price has been in congestion for a long amount of time now and we are looking for breakout anytime now. Price is standing at good support and if breakout appears over trendline one can enter long in here.
Alternatively, break of support zone will calls bears back in the party and attempt short position from there.
Trade your levels accordingly.
EURAUD | Falling WedgeEURAUD is trading in falling wedge making lower highs lower lows. This pattern is bullish reversal, so a buy on dip is suggested with stoploss in place below support. We expect bulls to be active and push the price to atleast mentioned zone.
To negate this view, the bears should break the support and void the bulls power.
Trade your levels accordingly.
EURAUD is in sell zone!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 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.
EUR/AUD BUY SIGNALHey tradomaniacs,
welcome to another free trading-setup!
Notice: Keep your risk low due to the current tension in the market.
EUR/AUD: Day-Swingtrade-Execution
Market-Buy-Order: 1.59345
Stop-Loss: 1.58810
Point of Risk-Reduction: 1.59895
Take-Profit: 1.61560
Stop-Loss: 55 pips
Risk: 0,5% -1%
Risk-Reward: 4,0
Always add your brokers spread to the stop-loss!
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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Long EURAUDAfter clearly placing the support and resistance zones, I can see that price has moved into a second ascending parallel channel. First support zone has been respected since May 2017. Middle support zone has been respected since Jan 2019 and both continue to be respected in the present. Since October 2021, this pair started to recreate a similar formation as March 2021 which leads me to believe that price is going to reject of the latest trend and long towards 1.61600. Zoom out to weekly chart to see clearer picture, then zoom into daily chart to see more in detail.
EUR/AUD with a potential buy!Hey tradomaniacs,
looking at EUR/AUD we`ve seen a strong externded rally above the trandchannel due to the risk-okk in equities.
We are now facing a potential buy as soon as risk-off continues.
Only do so if stock-rally gets destroyed by a high CPI.
Risk-Off usually boosts EUR/AUD as AUD/USD tends to suffer more than EUR/USD during a sell-off in equities❗️
What do yu think?
EUR/AUD New 2 Long Setups To Get At Least 200 Pips !This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
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- Where is my buy zone?In the past 2 weeks, I draw attention to EurAud and said that a break above 1.5850-1.59 resistance is probable and, in that case, the pair could rise to the next 1.62 resistance.
This happened on Friday...
In my opinion, the trend for EurAud is up and we should look for opportunities to buy.
Looking at the chart we see that the pair is retracing some of the up move, which is normal after a 400 pips rise in 3 days.
This should offer bulls an opportunity to join the trend and a good place for buys is around 1.6 figure.
EURAUD Long OpportunityHere is my analysis for EURAUD for the upcoming week, wait for price to pullback to retest SUPPORT and take a long up to the next resistance area where we can expect a sell.
What are your thoughts? Leave it in the comments below!
Blue Signal FX Rules-Based Trading
1. CHECK THE NEWS!
2. WHAT IS THE OVERALL TREND?
3. IS PRICE AT A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)?
4. IS PRICE APPROACHING A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)?
5. ARE YOU TRADING WITH THE TREND OR AGAINST THE TREND (MAKE SURE YOU ONLY TRADE AGAINST THE TREND ON THE 4HR TIME-FRAME AND ABOVE.
6. CHECK FOR DIVERGENCE.
EUR/AUD Running In 120 Pips From Last Analysis , New UpdateThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
EUR/AUD long positionconfluence based on:
market structure
fib zones
Support zones (Seen by green lines)
Candlestick pattern (awaiting buyers in the market)
Once confluence is seen on H4 will go to lower timeframes (30/5 min) and await further bullish momentum for entries.
Also keep in mind news (fundementals) as price will either hit SL alot faster or TP will be hit faster.
lot sizes dependant on area of retracement, the lower the price reversal zone the higher the lot size.