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
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Peace and good trades
Irasor
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Euraudbuy
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
SIMPLEAll is explained in the chart, price is currently at a strong support level that has previously been used as strong resistance so this proves this is a very strong key level.
This is as simple setup as you can get with 2 very nice targets that if met will have you counting your money for days ;p
You can also use a tight stoploss on trades like this because if this support is broke then there is a very high chance that bears will take over pushing price lower, there is a chance that price could create a bearish spike around levels this strong to take out any stop losses ion the area before bulls take back over and push price up, if this happens and hits our stop then we will just enter the trade again.
If you need any help trading then just send me a message :)
Lots Of Love Laura x