Euraudbullish
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 analysis eliotAnalysis of euraud in 1 hour time:
Now, after falling in the dominant of the 2 zigzags, it has entered the formation of a triangle. We are currently forming wave b of a triangle. In wave b, at the end of a divergent triangle, the direction of wave c is formed. That is the end of wave b. And it will be the beginning of wave c
EURAUD comment your expectationEURAUD moving up aggressively now the pair is going to meet weekly resistance for first time but in the fundamental EUR is strong but however particular currency cant be weak for weeks..so i think it can go down for sometime ..so i am shorting this pair once it received goldilock zone..
EURAUD Can give an UP side BREAKOUTEURAUD currently facing a small RESISTANCE between the price of 1.59356-1.59783. If you look at the above chart you can see there is a triangular pattern formation. If you look at candle near the RESISTANCE area you an see 4 small candle and a big BULLISH candle, which covers all the previous candle. There is a HIGH chance of giving a up side breakout by next week. In case if it respect the RESISTANCE are then it can fall till the blue TRENDLINE that I have drawn in the chart.
MY OPNION- One can take a LONG POSITION by putting a STOPLOSS below the blue TRENDLINE that I have drawn in the chart.
NOTE
ENTRY-1.58000-1.59500
STOPLOSS-1.56000 (Adjust it as per the blue TRENDLINE if it goes up)
1ST TARGET-1.62500
2ND TARGET-1.67950
EUR/AUD 4HR BUY SET UPHi TRADERS this is my trade set up for the EUR/AUD for the new week ahead
i am expecting the EUR/AUD to continue bullish this week I have noticed a dragonfly Doji on the weekly, wait for pullback into the order block zones and i will be looking for a buy trade only, if it meets your criteria for a trade then execute
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
please like and comment both are welcome
EURAUDHello everyone, and welcome to my TradingView profile, my name is TRADiNG_Club_ and today I am going to analyze EUR/AUD a full technical analysis on different time frames using a translation of market information While doing so, let me give you a personal opinion about it. The next most likely market movement and helps you find and manage market opportunities.
My thoughts are for those who are interested in improving their financial education.
Thank you..
EURAUD Buy (Monthly)EURAUD reacted thrice to the trend line, by providing the best long-term investment opportunity.
It also provides a great confluence setup.
TIPS: Enter in the lower time frame
Plz follow fundamentals too, because they are the driving forces of the market
Don't predict the market, let the market react
If you like my idea please do follow for future updates
Happy trading!
EURAUD REVERSAL SCENARIO !As we can see euraud was rejected at support weekly timeframe
and potentially he will reversal
we looking at 4H timeframe
he just made clear channel and potential making higher low , stuck at fibo 0.618 on 4H timeframe
we expect euraud will bullish to resistance , that arround 1000 pips
so you guys
if you follow my forecast dont forget to watch you risk
salam cuan dari friendlineco !