Euraudlong
EURAUD - SWING - 08. MAR. 2021Welcome to our weekly trade setup ( EURAUD )!
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1 HOUR
Bullish price reaction..
4 HOUR
Overall bullish market structure.
DAILY
Expecting more upside pressure and price action.
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FOREX SWING
BUY EURAUD
ENTRY LEVEL @ 1.55000
SL @ 1.54230
TP @ 1.56350
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
EURAUD facing bullish pressure, potential for further upside!Price is facing bullish pressure as it continues to hold above both the ascending trendline support, in line with our bullish bias. We could potentially see a bounce at our 1st support level at 1.54635, which is in line with our 61.8% Fibonacci retracement and 161.8% Fibonacci extension, and a further rise towards our 1st resistance level at 1.55420, which is in line with our 50% Fibonacci retracement and 78.6% Fibonacci extension. It is worth noting that the MACD is above the 0 line, showing bullish pressure in line with our analysis.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
EURAUD REVERSAL SCENARIO !As we can see euraud was rejected at support weekly timeframe
and potentially he will reversal
we looking at 4H timeframe
he just made clear channel and potential making higher low , stuck at fibo 0.618 on 4H timeframe
we expect euraud will bullish to resistance , that arround 1000 pips
so you guys
if you follow my forecast dont forget to watch you risk
salam cuan dari friendlineco !
EURAUD is facing bearish pressure, potential for further drop Price is facing bearish pressure from our first resistance in line with our horizontal overlap resistance, 38.2% fibonacci retracement and 61.8% fibonacci extension where we could see a further drop below this level to our first support target. Ichimoku cloud is showing signs of bearish pressure as well, in line with our bearish bias.
EURAUD - To short to 1.52400, then long to 1.55800As you can see on the chart, price is currently in a downtrend. Price has left the supply zone at 1.55800 where it turned support to resistance.
Therefore, I expect price to short to the previous support at 1.52400 before retracing upward to 1.55800. Watch out🔥🔥
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AB = CD & HHBET Double BottomAfter developing AB = CD, my target, fibonacci extension 0,618. Double bottom formation is developing in HHBET Oscillator. Please share your views with me. Thanks. AB = CD geliştirdikten sonra, hedefim, fibonacci uzantısı 0,618. HHBET Osilatöründe çift dip oluşumu gelişmektedir. Lütfen görüşlerinizi benimle paylaşın. Teşekkürler.
EURAUD- Trading Plan and ForecastingDisclaimer:
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions. this is not a signal. it's my opinion. trade your own risk. and Must Follow Money management.
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EUR/AUD 2 Trades And The Next Moves To Catch More Than 500 Pips 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 long trade ideaPlan: resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
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GWBFX