EURAUD ThesisPrice has broken out of support and resistance formation and now testing previous resistance which is now our support level. This has potential to trade to the upside. What's your thought on this pair?
Euraudlong
Buying EURAUD at previous resistance.EURAUD - 24h expiry - We look to Buy at 1.5620 (stop at 1.5550)
Previous support located at 1.5600.
Previous resistance located at 1.5700.
There is no indication that the rally is coming to an end.
Risk/Reward would be poor to call a buy from current levels.
A move through 1.5600 will confirm the bullish momentum.
Our profit targets will be 1.5800 and 1.5850
Resistance: 1.5700 / 1.5800 / 1.5850
Support: 1.5600 / 1.5550 / 1.5500
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EURAUD Breakout Long! EUR-AUD is trading in a local uptrend
And the pair made a rebound from
The horizontal support, then
Broke the falling resistance
So I am bullish biased
And I think that we will see
A retest of the target above
EURAUD H4EURAUD Analisys H4, EURAUD Analisys H4, EURAUD Analisys H4, EURAUD Analisys H4, EURAUD Analisys H4,
EUR/AUD Range ... EUR/AUD Range ... This is not signal... Dont risk more than 3% of your account on any trade...
EURAUD Trading Plan - 14/Jan/2023Hello Traders,
Hope you all are doing good!!
I expect EURAUD to go Up after finishing 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.
20 Reasons for Buy EURAUD 🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1 ✨Eagle eye: Yearly Market is sideways. Both sides have imbalance areas, but most markets' sentiments are bullish
2 📆Monthly: market structure is bullish, and the current move is corrective, but now the market also changes character with the previous break
3 📅Weekly: a strong up move now makes a clear retest on weekly FVG and CIP, ready for another bullish impulse move
4 🕛Daily: previous retest support and bullish order block prepared for an impulse move
😇7 Dimension analysis
🟢 analysis time frame: daily
5: 1 Price Structure: bullish
6: 2 Pattern Candle Chart: panic bottom flag
7: 3 Volume: Heavy volume on bull candles
8: 4 Momentum UNCONVENTIONAL Rsi: Sideways middle bull phase
9: 5 Volatility measure Bollinger bands: Not supporting
10: 6 Strength ADX: full sideways
11: 7 Sentiment ROC: Eur is at full strength right now
✔️ Entry Time Frame: H4
12: Entry TF Structure: Bull to sideways
13: entry move: impulsive
14: Support resistance base: mid-order block support
15: FIB: discount price support
☑️ final comments: buy
16: 💡decision: buy right now
17: 🚀Entry: 1.5601
18: ✋Stop losel:1.5400
19: 🎯Take profit:1.6500
20: 😊Risk to reward Ratio: 1:5
🕛 Excepted Duration: 1 month
EURAUD, H4 channel, long positionI expect breakout of the drawn channel (red lines) and an upward move.
TP around 1.5740
GG
P.S.
This is not financial advice of course, just my idea.
BUYING EURAUDFirts momentum psosition for this week, inclined to pick up 100 points and hold with stop at break even
will be interesting to see how we hold the pressure
EURAUD, back to top of correction to head down.Price has retraced to top of a correction indication we should see further downfall. We had a strong impulse downward from 1.57 range which a bearish continuation is developing. Price is correctively moving back up to the top structure for a good sell opportunity.
Trade Safe
Thanks
EURAUD UPDAtES
only few understand liquidity.
it means only few traders are smart enough on how to catch them.
Learning is part of the journey, dont just sit there and wait for signals. just learn from it. journal your mistakes journal your win trades. it makes you powerful.
EURAUD-POSSIBLE BREAK OF CHANNELPrice was moving in a Descending channel but currently price has broken the channel from 1HTF perspective, looking for valid Retest of the structure before going long.
My Target is to 1.58560
Feel free to.share your thought with me
EUR/AUD Long...EUR/AUD ... This is not signal... Dont risk more than 3% of your account on any trade...
EURAUD two possible scenariosEURAUD is forming beautiful double bottom.
1. We could see another retrace and leg down to -0.27 fib
2. We could see 100% retracement with breaking inner downtrend trendline, retest and then shooting further up
EURAUD LONGLiquidity made easy, dont get manipulated by market makers.
if you know where the liquidty you will be unstopable on your trading carreer.
im expecting the price to goes back to 1.58667, the word patience dont forget, my best entry
enter 1.54400-1.54200 sl would be your choice. tp1 1.56100 tp2 1.5700 tp3 1.58667
Trade base on your own decission or you can observe it.
If you like my Ideas on this pair, give a like and comment or suggest your ideas..
Thanks to all new followers. be patience guys, most day trader has no patience, ive been their before, you cant control markets, control only
your emotions, trade only when there is confirmation.
EUR/AUD AnalysisAs long as prices remain above 1.5580 in EUR/AUD parity, I think it will first see 1.5940 and then 1.6400.
EURAUD buy to the 61.8 fib a previous broken structure zoneEURAUD buy to the 61.8 fib a previous broken structure zone
EURAUD Trade!Hello traders around the world!
My name is Alexandre Karim & today I will be sharing with you my trade on EURAUD.
If we go back to the daily chart, we can draw an expanding descending channel from October 2020 till present.
Currently the price formed a bull flag on the upper daily TL (We can see it on the 4H & 1H TL)
I was planning to take a long position when the price was forming the bull flag pattern.
I was waiting for the third touch on the lower TL shown in the picture + the price gave us a little descending correction (hover) as a reversal signal & took the trade at the breakout.
I am currently running at 4% and already moved my SL to BE.
Will be looking to lock below 1H corrections to secure profits.
You have to be patient and take quality trades.
#THEPRIMES
We Have an Analysis Of EURAUD H1.🟢EURAUD BUY LIMIT @ 1.57620
TP1 @1.58500
TP2 @1.59200
Sl @1.57320
With this analysis, you will be able to find your most profitable trade. EnclaveFX does not recommend that you buy or sell this assist. We do not take any responsibility for your profits & losses. EnclaveFX believes in enhancing the knowledge of our clients & followers.
EURAUD LONGEA was on a continuation pattern since Thursday, and went to test the OB of Thursday, and after that broke the recent lower high, so what's my expectation? my expectation is for price to come back to this support zone and go bullish since it's at a minor resistance zone.
EURAUD may go long according to my view (26/12/22)Educational Analysis says EURAUD may go LONG according to my technical.
This is not an entry signal. I have no concerns with your profit and loss from this analysis.
Why long?
On the 1HR timeframe, the pair is making lower high and higher highs which makes breaks in the previous structure.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS.
ADDITIONAL CONFIRMATION IS PRICE REACTED FROM FIB 0.5
WILL SHOOT UPTO 1.618.
ENTRY - 1.58099
STOP-LOSS - 1.57449
TAKE PROFIT - 1.63075
RISK TO REWARD RATIO IS 1:7.7
