Euraudbreakout
(EURAUD) 4hr - Speculation and AnalysisWe broke a major trend line after testing a major support, then after hitting a minor resistance the pair decided to test the the support once again.
with that being done, am expecting it to go up from here once again.
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If your planning to use them as signal, do your own research first and you are responsible for your own entries, exit, profit and loss management.
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(EURAUD) Daily - Speculation and analysis
I gave a EURAUD buy signal here earlier which bagged us 210 pips. Since then the pair has pulled back down and consolidated but its slowly turning to a bullish trend in the daily time frame. We have also broke the daily trend line and did a successful pull-back to the line, am expecting upwards movement from here and on but lets see how it goes !
EUR vs AUDWe might break the trendline from the looks of it.
IF we do, wait for a minor pullback and the buy.
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 1hr 1mo descending wedgeDescending wedge that I would prefer to be on the short side once it breaks that support level because it will be a sharp drop. If it bounces along that support we can expect a grind upwards.
