Euraudbuy
EurAud- new leg up?EurAud found very strong support at 1.6150 and after a double bottom in this zone, the pair has risen 400 pips.
Now the pair is in a normal correction and after this dip I expect a new leg up and a new challenge og 1.6550-1.6600 zone resistance.
Buy dips is my strategy for this pair
Buy the EURAUD The is major support level that has failed to be broken. Price has been rejected with a long wick, a nice indicator to go long. But at the same time a triangle pattern is forming up.
Setting up the 1st TP on the down trendline and if it breakthrough 2nd TP will be at the next known resistance level.
Like and follow guys!
EURAUD / LONG - Price is just rangingFrom what I can see on the daily price is just ranging in this small area however there is still an opportunity to make profit.. Price has broken its current structure and is going to retest its support zone
I am waiting for a bounce off of one of the Fibo levels then we can go long
EurAud- 1.6250 is a good place to buyEurAud found a strong bottom at 1.6150 zone and after a few days of consolidation in this zone the pair exploded to the upside.
A correction followed, a new leg up and now we are again in a correction.
This 1-2, 1-2 patterns usually are followed by big moves and I expect a strong leg up for this pair to at least 1.64
EUR/AUD BUY SIGNALHey tradomaniacs,
welcome to a new free trading-setup.
NOTICE: This is meant to be a preparation for you! As always we will have to wait fro a confirmation.
EUR/AUD: Daytrade-Preparation
Market-Buy: 1,62540
Stop-Loss: 1,62045
Target 1: 1,63025
Target 2: 1,63285
Target 3: 1,63790
Stop-Loss: 49,5 pips
Risk: 0,5% - 1%
Risk-Reward: 2,50
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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EurAud- 1.61 should be boughtFor more than 2 months now, EurAud is trading in a range with a base on 1.61 zone and a top at 1.65.
Now the pair is approaching the low of the range and I expect a rebound from here.
I'm looking for a signal to buy in this zone for 1.64 target.
Interim resistance is at 1.6250
EURAUD EURAUD is looking primed for a long.
Looking at price action on the 4H timeframe, you can see price has popped just below the 78.6 fib.
If you look at the prior 4H candles, you can see some buying pressure from the region below, and bulls should take over from here.
Take profit at 1.6682.
Hope this helps.
EURAUD potential for 450 pips upside move.If you see the chart you should understand why I have said that. Waiting for a proper deep pullback with a bullish entry reason to go long on this. The trade is only valid if we see a bullish entry reason at the entry point shown in the chart.
Let me know your thoughts.
Trade safe and good luck.
EURAUD - SWING - 25. AUGU. 2020Welcome to our weekly trade setup ( EURAUD )!
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1 HOUR
Bearish market open and turnaround.
4 HOUR
Price closed above main sr level, good long entries!
DAILY
Overall sideways moving market structure, looking for another push to previous highs.
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FOREX SWING
BUY EURAUD
ENTRY LEVEL @ 1.64660
SL @ 1.64210
TP @ 1.65340
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN