Euraudlong
EUR/AUD long positionUpdate:
EUR/AUD still bullish
What happened?
- 120% Retest happened with bullish engulfing (always wait for h4 candle)
- Price "seen" to push below market structure
- Liquidity pushed price to get collect pending sell orders and stop out those who had long positions open
- Tp @ -27%
EUR/AUD long positionAnalysed as far back as 7th December to identify current market setups
Market is in a clear long term bullish setup but short term sells.
Awaiting on confluence based on:
Fib zones (seen by green lines)
Support zones (Seen by green lines)
Candlestick pattern (awaiting buyers in the market)
Once confluence is seen on H4 will go to lower timeframes (15/30 min) and await further bullish momentum for entries.
Also keep in mind news as price will either hit SL alot faster or TP will be hit faster.
EurAud to break resistance, 1.62 is my targetAfter reaching a low at 1.53 zone at the end of October, EurAud has reversed strongly and has risen to 1.61. A correction followed and at this point, we can consider it over and a higher low in place at 1.56.
At this moment EurAud is facing resistance at 1.5850 zone and a break here would open the door for more gains to and above 1.62
I'm bullish as long as 1.56 is intact
Buy dips can be a good strategy for this pair
EUR/AUD 4HR BUY SET UPHi TRADERS this is my trade set up for the EUR/AUD for the new week ahead
i am expecting the EUR/AUD to continue bullish this week I have noticed a dragonfly Doji on the weekly, wait for pullback into the order block zones and i will be looking for a buy trade only, if it meets your criteria for a trade then execute
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
please like and comment both are welcome
EUR/AUD BUY IDEAHey tradomaniacs,
welcome to a new free trading-setup.
This is meant to be apreparation for you. As always we will ahve to wait for a confirmation!
EUR/AUD:Daytrade-Preparation
Notice: Waiting for confirmation!
Market-Buy: 1.57420
Stop-Loss: 1.57190
Point of Risk-Reduction: 1.57685
Take-Profit: 1.58380
Stop-Loss: 24 pips
Risk: 0,5% -1%
Risk-Reward 4,0
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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EURAUD Potential Buy from SupportWelcome back! Here's an analysis of this pair!
COMMENT BELOW and let us know your thoughts or questions!
** Price approaching previous daily support zone, uptrend on 4 hr., price above 50MA, look for rejective support and a bounce from the highlighted level. No rejection, no entry.
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
Brian & Kenya Horton, BK Forex Academy
EUR/AUD 4HR BUY SET UPHi TRADERS this is my trade set up for the EUR/AUD for the new week ahead
i am expecting A DECENT CANDLESTICK CONFIRMATION IN the order block zones and will be looking for a buy trade only if it meets your criteria for a trade then execute
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
please like and comment both are welcome
EURAUD (Euro / Australian Dollar) Currencies Analysis 30/03/2021we can see the Bullish Divergence with MACD which is the sign of bearish trend reversal and start of new Bullish wave or some retracement of the bearish wave
there are total of 3 Targets defined
the 3 TP gets it confirmation if the 2 TP gets triggered and followed by some price retracement and the Support area shall be compromised
💡Don't miss the great buy opportunity in EURAUDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.5720).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURAUD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 66.
Take Profits:
TP1= @ 1.5812
TP2= @ 1.5880
TP3= @ 1.5950
TP4= @ 1.6049
TP5= @ 1.6170
SL= Break below S2
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💡Don't miss the great buy opportunity in EURAUDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.5720).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURAUD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 66.
Take Profits:
TP1= @ 1.5812
TP2= @ 1.5880
TP3= @ 1.5950
TP4= @ 1.6049
TP5= @ 1.6170
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
EURAUD with room to FLYDon't forget to click on the follow button for more daily detailed analysis. Also, please ask any questions should you have them!
Here we have our EURAUD chart.
Our TECHS are lining up for a long move.
There is plenty of room for it to go with the directional arrow NOTING the target area for an exit.
Likely to be a SHORTER term trade.