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 A DECENT CANDLESTICK CONFIRMATION IN the order block zones and 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
Euraudbuy
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: Fake BreakoutI believe we may be witnessing a fake trendline breakout here on EURAUD due to the fact that the main demand is still being rejected.
We created EQL's within the demand which has now been liquidated, this could be enough liquidity for the banks to make a buy move.
Traders, if you have your own opinion about this idea, write in the comments section, I always reply.
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EURAUD LONG 900+ pips?!Looking for EURAUD to reverse now and gain bullish momentum.
We have seen a break of structure (bos) and have tapped into the last daily down candle before the impulse up.
Would like to see bullish price action from now.
I have two potential entry areas shown on my chart.
Looking to risk 1% on the first entry and 2% on the 2nd resulting in a maximum loss of 3%.
Potential take profit areas are also shown with purple lines.
This trade could take a couple of weeks to play out and reach the final TP so bare that in mind as it is a long term swing trade.
DISCLAIMER: I am not a financial advisor and nor is this financial advice. Only risk what you can afford to lose. Trading live carries risk and you may make money or lose some or all of your capital. I am not liable for any gains or losses made
EUR/AUD likely to move up!Hey tradomaniacs,
EUR/AUD is still in a correction-mode for the mid-term-trend and could continue to move up after multiple attempts to move down which got absoprbed as you can see with the previous fake-moves to the downside.
A good condormation for EUR/AUD to move up in terms of correlations would be falling indicies and so a risk-off-mood in the stockmarket.
Let`s see of the breakout continues =)
EurAud- Trade updateIn my previous post about EurAud I've argued that we can have a higher low in place at 1.5450 and I expect an upward continuation.
Since then the pair had a failed attempt to conquer 1.56 important resistance and failed.
However, bulls quickly took control and at this moment EurAud is trading again in this resistance and we can consider a new higher low is in place.
I expect this resistance to give up this time and, as I said, 1.59 is my target
EurAud- Trade updateYesterday I was wondering if we have a higher low in place for EurAud, and it looks like this at this moment with the pair putting in a morning star candle formation on our daily chart.
However, 1.5600 has proven to be strong resistance and sellers were strong here so far.
In order to continue to my 1.59 target, EurAud needs a daily close above this resistance.
Also, 1.57 zone will act like interim resistance
EurAud- Towards my 1.59 target?After the recent low slightly under 1.54 from the end of October, EurAud has started to trade higher and managed to break above 1.56 resistance early this month.
Now the pair is consolidating and forming a pennant and a break of the resistance trend line could lead to more gains and we can see EurAud testing 1.59 resistance
I'm bullish as long as the price is above 1.56
EUR/AUD BUY TRADEHi everyone this is my trade set up for the EUR/AUD
This is my analysis only please trade with caution and risk management in place
look for pullback to zones lined off on chart then if it meets your criteria for a trade then execute
good luck for this weeks trading
please like and comment both are welcome