EURAUD Technical Analysis and Trade Idea👉 In this analysis, we focus on the higher time frame charts for the EURAUD currency pair. Currently, these charts indicate a bearish outlook. However, we observe that the price has traded into a key support zone. Additionally, the market appears to be overextended. In the accompanying video, we discuss a potential retracement and a trade idea based on the Fibonacci retracement levels (specifically, the 50% to 61.8% range). It's essential to recognize that this assessment is speculative and not a definitive prediction. To validate a true reversal, close monitoring of specific price movements is necessary. The video provides an in-depth analysis of the trend, market structure, and price action. Always remember that trading involves substantial risk, so prioritize robust risk management strategies in your decision-making process. 📊✅
Euraudanalysis
euraud analysis elliot. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
EURAUD I Potential short from resistance Welcome back! Let me know your thoughts in the comments!
** EURAUD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
DeGRAM | EURAUD pullback from resistanceEURAUD is moving near the upper boundary of the ascending channel.
The chart is under the resistance, which became a pivot point last time.
The price instantly reacted to reaching the channel boundary.
We expect a pullback.
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EURAUD: A huge swing buying opportunity is forming 800+ pip moveOANDA:EURAUD
Price has created a unique pattern which suggest that buy swing impulse is in making, we have seen how price has behaved, upcoming news might also impact on how price may move. Long term target consist 800+ pips move. If you are planning to take this trade then please use accurate risk management and do your own research too.
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Team Setupsfx_
EURAUD - Short active ✅Hello traders!
‼️ This is my perspective on EURAUD.
Technical analysis: Here we are still in a bearish market structure from 4H timeframe perspective, so I look for a short. I expect bearish price action after price took liquidity from old high and rejected from bearish order block + institutional big figure 1.64000.
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euraud buy signalIt has entered the ascending channel from a descending channel and a powerful candle has been formed in the daily time and has crossed the ceiling of the previous descending wave. And it has crossed the powerful resistance line and has become a powerful floor and support. It is suitable for buying with a risk-to-reward ratio of 1 to 4.7.
DeGRAM | EURAUD rebound from dynamic supportEURAUD is moving in a descending channel between the trend lines.
The chart has reached dynamic support and a support level coinciding with the 62% retracement level of the last bullish impulse.
The previous reach of support was followed by a bounce twice.
We expect a rebound after the support retest.
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EURAUD:🔴Is it Bearish...?!🔴(Details on caption)
As you can see the price reached the HTF bearish Inversion, which is a strong resistance and had a bearish reaction and shifted the market structure, so we looking for a sell opportunity.
In that case, the price created the liquidity pool below the bearish order block which is a high probability selling scenario.
So if the price reaches the bearish order block we can enter the sell position with LTF confirmation.
💡Wait for the update!
🗓️10/05/2024
🔎 DYOR
💌It is my honor to share your comments with me💌
euraud buy. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
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**
EURAUD I Correction and more decline Welcome back! Let me know your thoughts in the comments!
** EURAUD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
EURAUD - Classic pattern for a short ✅Hello traders!
‼️ This is my perspective on EURAUD.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I expect price to make a retracement to fill the imbalance higher and then to reject from bearish order block.
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EURAUD: 300-600 PIPS Buying Bias! EURAUD consolidating in daily timeframe, in our view there are two areas where price can head towards. First is where we think price can continue the bullish move towards 1.80. In our second area, where price can drop hard and take out the daily sell side liquidity. At the current market condition our second scenario looks more suitable.
Good Luck ;)
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.
EURAUD Trading Plan 10/Apr/2024Hello Traders,
Hope you all are doing good!!
I expect EURAUD to go Up after completing this correction.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
EURAUD I Impulse correction in process
Welcome back! Let me know your thoughts in the comments!
** EURAUD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
EURAUDOn the monthly charts we have abearish trend targeting the monthly low.
On the weekly charts we have registered a change of character on the long term trend. We have confirmed the reversal from bullish to bearish.
On thedaily charts we have an internal break awaiting break of key levels to confirm sell limit orders.
On the 4 hour charts we have a minor bearish correction, once the correction endsand we have confirmation, we shall look for sell limits targeting the demand at 1.6 price handle