Like the title says. Here is the other piece of this puzzle; ... already well under way.
Hello Traders, I have buying idea on the basis of following confluences. 1. Demand Zone 2. Weekly Engulfing Candle 3. Price Rejection Our Targets are based on Fibo Retracement 38% and 61% (Golden Ratio) Good Luck
This is ready to roll! Here is the Weekly;
EURAUD has break the daily support and has provide us with a sweet longing (BUYING) Opportunity.
Follow the chart and don't forget to follow me for excellent trades.
Fib retest after forming a swing high, then up to the -27.00% which correlates with a significant high around the 1.64200 zone. Momentum has shifted from bearish to bullish if you check higher timeframes such as the weekly.
EURAUD reached 50% retracment and confluence at support area, waiting confirmation for the upside breakout to enter long position
Purple rectangles = minor s/r area purple line = minor trendline euraud swings 4-5% (700-850 pips) within a month My BUY ZONE entry: 1.6200 TO 1.6275 My TAKE PROFIT AREA: 1.6915 to 1.6990 patience is key. I want to see this happen by july 27th . one month away Distance between the 2 area 640 pips Stop loss should be no bigger than 213 pips or around 1.6000...
EUR/AUD is forming an inverted head and shoulders formation. If price action remained the same, we would be looking at going long here.
Enjoy a free signal before the week gets started Feedback, Likes, comments, and shares would be appreciated. We have left a major 3hr s/r area where market has had a reversal This would be a great opportunity to catch the trend reversal Also we have 2 major monthly downtrend and uptrend lines colliding Market has respected the major 12hr uptrend line, soon...
EURAUD traded down to the daily level around 1.609 and reacted sharply. You'll notice that it made another sell off attempt on the morning of June 3rd. This failed really quickly and price is testing the 1.632 level over on the 4-hour time frame. Price stalled at this level and should be rallying during the overnight session.
EurAud - H4 - Price bouncing off a strong demand zone.. good swing buy trade for 300-400 oips target.
Heres my analysis on EURAUD before the week gets started. enjoy a free signal. trade at your own risk. BUY Symbol: EURAUD Entry: 1.680 (Buy Limit) Best Entry: 1.676 (Buy limit) Stop Loss: 1.671 (-90 to -50 pips from B.E.) Take Profit: 1.697 (+170 to +210 pips from B.E.) Take Profit 2: 1.729 (+490 to +700 pips from B.E.)
The EURAUD is currently down by more than 2000 pips (11%), a very significant decline. Although Stochastic is not yet cross-linked, it is found to be relatively low. RSI warns of a possible trend reversal. And the most interesting point is the encounter with the 200 moving average line which is a very serious support that increases the likelihood of looking Pull...
Heres my analysis on EURAUD before the week gets started. enjoy a free signal. trade at your own risk. BUY Symbol: EURAUD Entry: 1.6965 (Buy Limit) Best Entry: 1.6925 (Buy limit) Stop Loss: 1.68 (-165 to -125 pips from B.E.) Take Profit: 1.717 (+205 to +245 pips from B.E.) Take Profit: 1.7275 (+310 to +350 pips from B.E.)
longs from pink box zone given await rejection then enter, if it doesn't reject this trade set up is then invalid
Euraud - monthly and weekly charts showing demand retest and upside due for euraud and euro in particular. Expecting big upside on euro pairs over the coming months.
The trend is still bullish on the weekly chart. After another record that EURAUD has broken in recent months, the currency is falling, the EURAUD is just on the 100 moving average line which has been very stable support in recent months so we will take advantage of our proximity to the support line and recommend buying. target:1.6120