EUR/AUD PAIR BREAKDOWN👋 Hey there traders, and welcome to a brand new pair breakdown!
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Euraudforecast
EURAUD BUY ON DIPS As i can see this pair has drop allot now reach at near daily based support zone
so we expected this retest to our design levels from given buying area we will trade this pair for a small risk and higher rewards
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📢EUR/AUD SHORT. Potential intraday setup 🚨Hello traders 👨💻
This pair is looking bearish , if we can get a correction to the highlighted area I will enter a short on a lower timeframe with great R/R. This pair is on the watchlist 👀👀 I hope you like the analysis, if you do please drop a like or leave a comment, I love all the feed back 💯 💙
EUR/AUD: long trade setuphi !
happy 2021 and best wishes for your well being
suggested level to open the position: 1.5870
timing to open: with the market opening Sunday US afternoon, Africa/European night or Monday morning if in Asia/Pacific :)
time frame: the coming week
those are guidelines for the general trade setup and the risk management with it.
any questions, feel free to ask!
good luck
EURAUD BUY FROM KEY LEVEL As i can see this pair has drop allot now reach at near daily based support zone
so we expected this retest to our design levels from given buying area we will trade this pair for a small risk and higher rewards
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EUR/AUD is Marching downsideHere's the 15m chart of the EUR/AUD. I have used Gann fans to make it easy to understand. Currently, it's moving downside, and it will hit the following levels 1.6086 - 1.6060 .
But if it starts to march upside, then the trend will touch the following levels 1.6146 - 1.6166 .
EURAUD - Market Consolidation on 4HDaily is currently at a major Support level, Forming a LOWER LOW, Main goal is to find a possible run from our LL to LOWERHIGH.
Depending on 4H movement, once market breakout of ranging zones, either to the Upside (Our target) or the down side, Afterwards, we decide on our entry.
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EUR/AUD SELL IDEAHey tradomaniacs,
welcome to a new free trading-setup.
Note: This is meant to be a preparation for you. As always we will have to wait for a confirmation.
EUR/AUD: Daytrade-Preparation
Market-Sell: 1,63380
Stop-Loss: 1,63830
Point-Of-Risk-Reduction: 1,62940
Take-Profit: 1,62590
Stop-Loss: 44 pips
Risk: 0,5% - 1%
Risk-Reward: 1,80
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Peace and good trades
Irasor
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EurAud- Bulls needs to conquer 1.62Yesterday EurAud had a false break under 1.6150 important support which was reversed quickly after.
At this point, we have a higher low in place exactly in this support and the pair looks very well bided.
A break above 1.62 would confirm that the pair could correct further and gains should accelerate to 1.6350 resistance.
I will stay bullish as long as yesterday's low is intact
EUR/AUD SELL SIGNAL Hey tradomaniacs,
welcome to a new free trading-setup.
EUR/AUD: Daytrade-Execution
Sell-Limit: 1,62090
Stop-Loss: 1,62630
Target 1: 1,61510
Target 2: 1,61200
Target 3: 1,60770
Stop-Loss: 54 pips
Risk: 0,5% - 1 %
Risk-Reward:2,43
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
EURAUD - Buy setup almost readyEURAUD is aprroaching the bottom of a HTF ascending channel structure in corrective approach while forming a Falling Wedge in the process. It’s signaling for a move back to the top of the channel. So far, it has give a really good momentum to the upside. I will now anticipating the price to form a corrective structure.
Any break from any bullish continuation pattern now will trigger my buy entry with sl below the corrective structure with target up to 1.68000
Lets see how will this pait play out.
Good Luck
EurAud- I say bullishAfter finding a bottom in the important 1.6150 zone support, EurAud rebounded around 200 pips.
Now the pair is trading in a congestion range forming a symmetrical triangle and, although triangles are a continuation pattern, I expect the break to be on the upside in this case.
1.63 is the zone that should be conquered by bulls and a daily close above would accelerate gains towards and above 1.65
As long as the pair stays above 1.6150 I'm bullish
EUR/AUD Wave Analysis EUR/AUD Wave Analysis
The counter is correcting in an ABCDE formation.
It has completed wave D and is taking support at the trendline.
Further, the the stochastic oscillator is forming an inverted head and shoulder at the lows.
We expect the pair to move higher to complete wave E.
EurAud- Where to buy?From 1.68 recent top, EurAud had quite a drop reaching 1.61 zone and major support (see daily chart)
Now the pair broke above falling wedge resistance and there is a high probability to continue higher.
I'm looking to buy this pair and 1.6230-1.6250 zone could be a good place for longs
EURAUD - Ending Diagonal PatternNotes :
1- The structure of the constituent sides is in the 5 waves triple format.
2- In MACD, convergence is in triplicate format
I cannot provide a long-term analysis for this currency, in daily basis reviews for patterns, we reached this pattern in the 60-minute chart on EURAUD. All conditions are ready for a 250 to 300 pip uptrend.
To confirm the uptrend, the price needs to cross the range of 1.6283, which means the close of the candlestick in the 60 minutes chart should be above this price level.
The loss limit is the range of 1.6102, which is selected based on the 240-minute chart
As the main trend is unknown the target of the Diagonal pattern is at the beginning of its movement, which has been set at the end of wave 2.