Euraudlong
Divergence signals and buying opportunities with EURAUDH4 time frame.
Structure: Uptrend.
At the price zone of 1.57000, a divergence signal and a double bottom reversal pattern appeared.
Waiting for the price to break the Key level at 1.59000 and the retest signal to confirm the uptrend, we can find buying opportunities.
Profit target is 1.61500 and 1.64000 price zone.
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Wish you all have a good trading day!
EURAUD to dip and riseFor more daily detailed analysis, don’t forget to click on the follow button. Also, please ask any questions you may have and I will be happy to answer them.
The EURAUD recently hit our targets and we are looking to RE long on smaller TFs. Longer term move is upwards to more comfortable resistance.
We will look for this move out after the next dip in price.
EURAUD Plan to comeDon't forget to Click on the follow button for more daily professional analysis. Also please do ask any questions should you have them!
With Eyes on news sentiment and the ECB the EUR has seen a recent rise up.
The EURAUD has seen a recent rally from the lower end of our P channel.
This move up will continue after a dip. It is not likely to fly all in one direction immediately.
Stochastic oscillator is in line for a short and we are off the MA's.
Price direction is seen on chart by directional arrows.
SUPPLY AND DEMAND - EURAUD (5-11 Dec 2021)W1 TF:
Room for more LONGs
D1 TF
Look for fresh H4/H1 zones to take entries
H4 TF
BUY zone in H4
H1 TF:
2 buy zones identified
EURAUD LONG 900+ pips?!Looking for EURAUD to reverse now and gain bullish momentum.
We have seen a break of structure (bos) and have tapped into the last daily down candle before the impulse up.
Would like to see bullish price action from now.
I have two potential entry areas shown on my chart.
Looking to risk 1% on the first entry and 2% on the 2nd resulting in a maximum loss of 3%.
Potential take profit areas are also shown with purple lines.
This trade could take a couple of weeks to play out and reach the final TP so bare that in mind as it is a long term swing trade.
DISCLAIMER: I am not a financial advisor and nor is this financial advice. Only risk what you can afford to lose. Trading live carries risk and you may make money or lose some or all of your capital. I am not liable for any gains or losses made
EUR/AUD likely to move up!Hey tradomaniacs,
EUR/AUD is still in a correction-mode for the mid-term-trend and could continue to move up after multiple attempts to move down which got absoprbed as you can see with the previous fake-moves to the downside.
A good condormation for EUR/AUD to move up in terms of correlations would be falling indicies and so a risk-off-mood in the stockmarket.
Let`s see of the breakout continues =)