Euraudbuy
EURAUD to go higher.Why is this so:
It has double bottom with bullish divergence.
Price penetrated the double bottom neckline and go higher before pulling back.
The pullback tested the support/neckline and created a bullish key reversal.
Already LONG at 1.5885.
Price will probably move higher at least towards resistance at 1.6335.
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EURAUD to continue BULLISH.Why is this so?
Some of the reasons was stated in the Dec-13 post.
The pair achieved target and make a pullback.
A flash moved on Jan-3 make a huge reversal.
Price moved lower however failed to continue.
Price tested the inverted H&S and closed higher.
Price might move higher towards 1.6590 area.
Already LONG at 1.6052
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EURAUD - CAN YOU COUNT TO 3?Hey folks,
In EURAUD we have the perfect example of how the market makers move the market in levels of 3 to play with every trader's psychology.
This indicates to us that the market might actually reverse here. Especially because we're at a D1 Trap Zone.
Currently we're waiting for a second leg to complete our market structure. Once formed, we're looking for entries to go LONG on this pair.
1) Keep in mind we're in Level 3 now, so we will see volatile moves.
2) The market might only move up to 1.5750 as this is a quarter point + the H4 is showing a strong downtrend.
Let's see what the market brings to us.
Don't forget, we're the constant & the market is the variable.
Happy trading!
EURAUD - SELL TIME - YOU AGREE?EURAUD HAS NOW BROKEN THE SUPPORT LINE
AND AS I HAVE ANALYSED WE ARE NOW EXPECTING
THIS TO GO DOWN.
GO TO LOWER TIME FRAME AND CHECK IF A FLAG
IS FORMING. BUT THE REVERSAL AND THEN SELL
DOWN. WELL THAT IS IS YOU ARE SURE OF WHAT
YOU ARE DOING.
SUPPORT THE MOVEMENT WITH YOUR LIKES,
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EUR is Crushing AUDEURAUD is formed a double top on the daily chart over the past few weeks. Trends will often continue until a specific event take place or when buyers step in at significant levels; I don't see buyers stepping in within the next few days. I am noticing price has not closed below the long term trend that you can see on the chart. In fact, it appears to be bouncing at this level. After a clear break (closed candle) of the lower trendline, the real selling will begin. Jumping in before this level is broken could result in the market faking us out. I have not seen any major news that would cause EURAUD to reverse and head higher, but we both know this does not always matter. It is always best to trade with the trend, and right now the trend is bearish. CAUTION: Pay attention to the wedge towards the bottom right of the chart. This appears to be a breakout zone, which can go either way depending on what is happening around this time. Would love to see your view and hear your thoughts.
Thanks for reading. Follow me and provide feedback.
-StampsFX
EURAUD - WEEKLY SWING - 24. SEPTEMBER 2018WELCOME TO DACAPITAL TRADING!!
WEEKLY FOREX MASTER SIGNAL
4 HOUR
Takeout of 1.60040 Key level with instant reaction to that
DAILY
Market back bullish after a small pullback
WEEKLY
Overall very bullish with strong pressure
LEVELS
BUY EURAUD @ 1.61650
SL @ 1.60240 (140 Pips)
TP1 @ 1.63160 (150 Pips)
TP2 @ 1.63750 (210 Pips)
SL TO BREAK EVEN @ HIT OF 88.60% FIB LEVEL
„Weekly Swing trade with good Entry and RR.“
Enjoy our limited Content and Setups,
leave us a like and Comment!!
EURNZD - MONTHLY TREND - 18. SEPTEMBER 2018WELCOME TO DACAPITAL TRADING!!
MONTHLY FOREX MASTER SIGNAL
4 HOUR
Testing last H4 Lows expecting bullish pressure now following mid term trend
DAILY
Bearish Daily pressure occurred and took out last h1 long holders
WEEKLY
Overall very bullish, following this movement!
LEVELS
BUY EURAUD @ 1.61650
SL @ 1.59530 (210 Pips)
TP @ 1.64010 (230 Pips)
SL TO BREAK EVEN @ Hit of 100% Fib Level
„Monthly Trend follow with small RR and Higher Winrate.“
Enjoy our limited Content and Setups,
leave us a like and Comment!!