EURAUD I Short and long trade plan Welcome back! Let me know your thoughts in the comments!
** EURAUD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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EURAUD: A huge swing buying opportunity is forming 800+ pip moveOANDA:EURAUD
Price has created a unique pattern which suggest that buy swing impulse is in making, we have seen how price has behaved, upcoming news might also impact on how price may move. Long term target consist 800+ pips move. If you are planning to take this trade then please use accurate risk management and do your own research too.
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EURAUD I Neutral bias and what I expect next (trade update)Welcome back! Let me know your thoughts in the comments!
** EURAUD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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EURAUD I Potential bearish continuation Welcome back! Let me know your thoughts in the comments!
** EURAUD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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EURAUD (Bearish)“The Trend is your best friend”
This statement holds true in all aspects of trading; and in this case with EURAUD, we see an example of this.
Remember, Trading is basically “strategic gambling” when simplified to the average person. However, if we can form multiple confluences along with price action and market structure, our probabilitys go up.
**Remember Risk Management and Candlestick Confirmation before blindly entering any trade**
EURAUD I Correction and more decline Welcome back! Let me know your thoughts in the comments!
** EURAUD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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EURAUD Trading Plan 10/Apr/2024Hello Traders,
Hope you all are doing good!!
I expect EURAUD to go Up after completing this correction.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
EURAUD I Impulse correction in process
Welcome back! Let me know your thoughts in the comments!
** EURAUD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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EURAUDOn the monthly charts we have abearish trend targeting the monthly low.
On the weekly charts we have registered a change of character on the long term trend. We have confirmed the reversal from bullish to bearish.
On thedaily charts we have an internal break awaiting break of key levels to confirm sell limit orders.
On the 4 hour charts we have a minor bearish correction, once the correction endsand we have confirmation, we shall look for sell limits targeting the demand at 1.6 price handle
EURAUD I Short-term long and more descendWelcome back! Let me know your thoughts in the comments!
** EURAUD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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EURAUD I Potential downside continuation to support Welcome back! Let me know your thoughts in the comments!
** EURAUD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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EUR/AUD SHORT from 1.6545EUR/AUD has hit a band of resistance under the WPP pivot at 1.6567 which coincides with the 200 EMA on H1.
With the 200 and WPP above the price, then EUR/AUD BULLS will have their work cut out to push the price musch higher and this gives us a natural STOP for SHORT trades at 1.6574 (29 pips).
However.
This trade carries risks as we have few confirming indicators.
The Andean Oscillator has the red SELL line flat and we would like to see this above zero although it doesn't look like it will be long before it turns north.
The Pivot Point SuperTrend has been signalling a SELL trade since last Wednesday so this is good.
RSI is in midtable and tells us little and MACD has the fast and slow MA's locked together both reading close to zero so we have directional information just yet.
The last 3 H1 candles could be considered a triple top and these tops have all touched the 100 EMA on H1 and been rejected.
This looks a SHORT trade set-up and with news out of the way we could see this pair head lower but this will have to be watched.
Target initially is support at 1.4679.
EURAUD Trading Plan 28/Feb/2024Hello Traders,
Hope you all are doing good!!
I expect EURAUD to go Down after completing this wave.
Look for your SELL setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
EURAUD I Ranging but expect price to react from EUR CPI data Welcome back! Let me know your thoughts in the comments!
** EURAUD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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EURAUD I Bearish market structure and more potential downside Welcome back! Let me know your thoughts in the comments!
** EURAUD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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EURUAD I Detailed analysis ahead of AUD Cash Rate ReportWelcome back! Let me know your thoughts in the comments!
** EURAUD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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EURAUD I Impulse correction I SHORT! Welcome back! Let me know your thoughts in the comments!
** EURAUD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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EURAUD Technical Analysis and Trade IdeaThe EURAUD is currently exhibiting a bullish bias with increasing momentum. On the 4-hour timeframe, a retracement has brought the pair to a key support level, potentially presenting a trade opportunity at the Fibonacci 61.8 retracement. It's crucial to note, however, that the pair is currently somewhat extended, leaving the possibility of further downside before establishing a firm footing.
In the video, I analyze two potential trade scenarios: one for the 4-hour timeframe and another for the daily timeframe. While I believe these strategies merit consideration, please remember that this information is intended for educational purposes only and should not be construed as financial advice. It's essential to conduct your own due diligence before taking any trading positions.
EURUAD I Potential downward movement from weekly reversal zoneWelcome back! Let me know your thoughts in the comments!
** EURAUD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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7 Dimension analysis For EURAUD 🕛 TOPDOWN - Bearish Continuation Setup for EUR/AUD
Overview: Monthly and daily analyses reveal a prolonged bearish trend with notable liquidity sweeps. Weekly analysis is pending, focusing on the daily for detailed insights.
😇 7 Dimension Analysis
Time Frame: Daily
1️⃣ Swing Structure: Bearish
🟢 Structure Behavior: Break of Structure (BoS).
🟢 Swing Move: Impulsive.
🟢 Inducement: None observed.
🟢 Pull Back: Absent.
🟢 Ext OB: Mitigated.
🟢 Support/Demand Area: Weak demand area - possible redistribution.
🟢 Trendline: Daily trendline intact.
🟢 Buildup/Pre-break/Post-break/QC: Data insufficient.
🟢 Traps: None detected.
🟢 Time Frame Confluence: Daily.
2️⃣ Pattern
🟢 CHART PATTERNS
Reversal: Head and shoulders, double top.
Rounding Patterns: Double at the 2nd shoulder with strong rejection.
🟢 CANDLE PATTERNS
Key Considerations:
Record session count indicates a possible consolidation at this support.
Strict marubozu candle could be a climactic player.
Tower top/bottom indicates potential climax at the opening.
3️⃣ Volume:
🟢 Fixed Range suggests a profit booking area.
🟢 Good breakout volume.
4️⃣ Momentum RSI:
🟢 In a super bearish zone.
🟢 Range shift not confirmed.
🟢 No divergence.
🟢 Loud moves shifted from sideways to bearish.
5️⃣ Volatility Bollinger Bands:
🟢 Middle band rejection.
🟢 Squeeze done with breakout outside the lower band.
🟢 Walking on the band just started.
🟢 Dual band derivation supported.
6️⃣ Strength According to ROC:
🟢 Values: EUR at 0.31, AUD at 4.1. AUD exhibits more strength at this level.
7️⃣ Sentiment: After comprehensive analysis, the sentiment strongly favors a sell setup in this pair.
✔️ Entry Time Frame: Daily
✅ Entry TF Structure: Bearish
☑️ Current Move: Impulsive
✔ Support/Resistance Base: Support level already broken with a momentum candle.
☑️ Candles Behavior: Momentum is bearish.
☑️ Trend Line Breakout: Confirmed.
💡 Decision: Sell at opening.
🚀 Entry: 1.63137
✋ Stop Loss: 1.6551
🎯 Take Profit: Hold until price walks on the band.
2nd Exit if Internal Structure Changes, 3rd Trendline Breakout, FOMO.
😊 Risk to Reward Ratio: 1:3.5
🕛 Expected Duration: 10 days
SUMMARY: The analysis strongly supports a bearish continuation setup. The absence of significant pullbacks and strong bearish momentum across multiple indicators suggests a favorable sell opportunity. Risk management is key, and the strategy involves holding until a clear indication of a trend reversal.
EURUAD I Daily Forecast & Analysis Welcome back! Let me know your thoughts in the comments!
** EURAUD Analysis - Listen to video!
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