Euraudidea
EURAUD / Gartley with Wedge PatternEURAUD / Gartley with Wedge Pattern
Hello! I have for you a very interesting SHORT idea:
Stop on the chart. All details available on the chart, but if you need - please comment and let's discuss.
SellIMPORTANT
use position size calculator, do not risk more than 1%
move SL slightly above 2-day high as soon as new D1 candle closes
EURAUD Sell the correctionEURAUD broke out the support quite sharply, i am expecting the it to make an extended low to 1.58 handle, since the momentum is quite weaker across higher time frames and market is trading below my key MA. Watch out this market for sharp bearish moves.
Trade Safe!
EURAUD - Analysis - ShortPrice reached the weekly resistance along with the retest of a previous broken long trend line. In the test of the weekly resistance the price broke, again, the long trend line and is now retesting it, but is already showing some rejection bearish candles. I`m waiting for a clear bearish price action to go short!
EURAUD H4 Chart AnalysisFX:EURAUD My Prediction
Need another one or two candles on the support level for long trade
EUR/AUD Will make next price rangeEUR/AUD Will make next price range
Watch and wait price action in vital price & area
Write trading planing and exit planing to backup your trade if your analysis going wrong
Always write exit planing first before you go in market calculate the risk according to which you are able to receive it
limit your losses and let gains run
EURAUD bouncing nicely above major support!
EURAUD is bouncing nicely above major support at 1.5625 (Fibonacci retracement, horizontal swing low support) and a further rise could see price push up to 1.5770 resistance (Fibonacci retracement, horizontal swing high resistance).
Stochastic (34,5,3) is seeing a nice bounce above 4.8% support with really good upside potential, similar to what we’re seeing in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Sell EURAUD Short Term Based on 30m TF Double Top Chart PatternThis research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
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EURAUD Short OpportunityLooking to enter short trades upon price bouncing off from resistance.
Volume is starting to weaken as price moves up indicating market exhaustion.
Another way of trading this pair is to wait for price to break below the potential Double Top Neckline.
