EURAUD setups for classical break of structureEURAUD was on a classical downtrend but the downtrend structure was broken when it broke the market structure, breaking above the Lower High. Currently price is consolidating above local support. The next upward impulse move will confirm about the uptrend. 1.6150 is a global resistance where we keep our target.
Traders, I will be glad if you like this idea or have your own opinion about it, write in the comments.
Euraudlong
Bearish outlook on EURAUD Hey everyone, this is what we are seeing on EURAUD, prices are under pressure from our resistance in line with the 78.6% fibonacci retracement and a test of this area could see a drop from here. The next support target highlighted will be at 1.57715, in line with the retracement levels. This area was also previously respected by prices as the support.
1 July: EURAUD time to sell Hi everyone!
EURAUD could see a limited push up to test its resistance zone at 1.58516 which lines up with the 78.6% retracement. This area was the previous high where we saw a reversal in price and could present an opportunity for us to play the drop. Stop loss is placed slightly above the recent spike and take profit target lines up at the 61.8% and -27.2% retracement. What are your thoughts on EURAUD?
EURAUD A Great Buying OpportunityTrade Proposal:
There is a probability of first tp to the proposed ( 1.620 ) Direction line. So, Traders can set orders based on Price Action and expect to reach short-term goals.
Technical analysis: euraud Waiting for the Range Bound and the beginning of the Ascension Trend.
EURAUD - Sweeping SellersThis pair looked great for sells, however, the price decided it wanted to come up to capture liquidity.
We have tackled the break and re-test stop losses and have now targetted the stop losses placed above the high.
Now that this liquidity has been wiped, we could see a strong aggressive sell-off.
I will be keeping this pair on my watchlist at the market open, If the price shows signs of bearish rejection, I will get involved in sells.
EUR/AUD Running In 140 Pips From Last Analysis, Did U Enter ?This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
EURAUD - Break of trendline & broken necklne of double bottomPrice at significant support level and at 50% fib retracement.
Neckline for double bottom broken to the upside.
Price also broke the descending trendline.
Initiated a small long here and will add once price action confirmed on close of 4 hour.
EURAUD - FOREX - 14. JUNE. 2021Welcome to our weekly trade setup ( EURAUD )!
-
1 HOUR
Closure above main sr level.
4 HOUR
Overall price turnover, expecting more bullish pressure!
DAILY
Great long setup!
-
FOREX SETUP
BUY EURAUD
ENTRY LEVEL @ 1.57040
SL @ 1.56650
TP @ 1.57590
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
EUR/AUD Running In 70 Pips Profits ,Did U Catch It ?This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
EUR/AUD New Long Setup Available To Catch 100 PipsThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
EURAUD Buy (Monthly)EURAUD reacted thrice to the trend line, by providing the best long-term investment opportunity.
It also provides a great confluence setup.
TIPS: Enter in the lower time frame
Plz follow fundamentals too, because they are the driving forces of the market
Don't predict the market, let the market react
If you like my idea please do follow for future updates
Happy trading!
EURAUD trade idea Daily Chart - Break previous level of resistance making a new high...
H4 chart - broke support level failing to reach target, potential corrective (ABC) underway.
30m Chart - break of support, retest of previous support level as resistance 38.2% Fib level (trynna catch the higher timeframe retracement) which on the 30m chart is a "temporary" downtrend.
EUEAUD - Pullback & ContinueThis pair needs a significant pullback to mitigate some of the losing positions, once the imbalance is filled, we can begin to search for the next strong sell opportunity.
The arrows marked are a good indication of what we are trying to achieve.
Utilise this analysis to buy and sell, be tactical.