Eur/Aud Short (Feedback IS APPRECIATED)From a long term daily perspective I see it has been in a downtrend. It has retraced up to a level (1.444) it may reverse at or go up a bit (1.4500) more then finally head down to around the 1.42000 area.
Euraudbearish
EURAUD selling weaker euroSelling EUR and buying stronger AUD. Coming Italy elections will push down euro and EURAUD will go under 1.38
EURAUD weekly short signalthe TP & SL are shown on the chart as the green ray and red ray respectively
AB=CD ongoing!We have a new lower low and the strong support is broken and is now strong resistance. I will be looking for bearish evidence in that area to follow the trend and go short!
Like if you agree, support and follow please!
EURAUD BEARISH TRIANGLEPRICE TOUCHED FOR THE 3RD TIME THE 1.48840 LEVEL. IF PRICE FALLS, ENTER TRADE AT 1.48748.
STOP LOSS SHOULD BE ABOVE 1.48940.
PROFIT TARGET IS 1.47119.
WAIT FOR THE BREAKOUT FROM THE TREND LINE.
Shorting this pair once againI failed earlier shorting this pair on a lower time frame, but i cant help it but take the trade again.
This time with a broken trend line in daily time frame + MACD crossover
ratio is pretty good, so if turns out a losing trade, not much is lost.
shorting EURAUDEURAUD broke the trend line, consolidated a bit, a small pull down, and now its trapped in a channel.
am expecting the channel to break and head down to our TP.
this is a risky trade, am opening a small position and so should you.
- Great ratio
- Broken trendline
- MACD divergence
EURAUD 2618 on the Daily We have had our Double top and impulse leg down
if we see a retracement to the 618 I feel that pervious support could act as ressitance and see a move to the downside
