EURAUD LONG IDEAEURAUD shows a clear double bottom pattern. We know that it is a powerful reversal pattern. The divergence theory is used in the awesome oscillator as an additional confirmation. It is illustrated below
Euraudlong
EURAUD - LONG; Buy it up, right here!Like the title says.
Here is the other piece of this puzzle;
... already well under way.
EURAUD LONG SETUP4HREURAUD 4HR :
EURAUD once it crosses current resistance zone after retest then GO LONG ...
It will second resitance zone with Downwards Day trendline it it didn't respect then it should be Take Profit 1..
If it crossed trenline and retest then we can make another trade and then GO LONG
EURAUD Seems BullishEURAUD could not break the support zone pushed-up before touching the zone. I am expecting a big bullish move.
Bullish Butterfly PatternEURUAD BULLISH BUTTERFLY PATTERN
Market Buy Order Set Up.
Buy Entry: (1.56333)
Min Take-Profit: (1.56760)
Max Take-Profit: (1.57144)
Stop-Loss: (1.55752)
Max Risk-Reward: (1.37)
Smash a Like button and leave a Comment, I appreciate every support. Goodluck.
EUR/AUD Analysis - Will possibly break daily/weekly supportWelcome back! Please support this idea with a LIKE if you find it useful.
*** EUR/AUD - Price is currently re-testing the previous week's support. We'd like to see a push lower and will be waiting for a break of support before considering any shorting opportunities. If you trade B-Swing, we recommend setting an alert as this will be a good risk to reward opportunity if it heads for 5400 zone.
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Thanks for your continued support!
Brian Kenya Horton, BK Forex Academy
#EURAUD ready to move North! Ichimoku and Levels #EURAUD is ready to turn around.
The cloud is closing up signifying a kumo twist is on its way shortly wheras TK crossover has taken place.
We wait for Chikou to confirm with it being above the cloud along with price.
If it crosses 1.57724, it has a high probability to continue further up.
euraud ptential bull!euraud in bullish trend, triangle pattern confirm and potential to reject to resisten level. But it can also to reject stay netral bro!
EURAUD, Strong Bullish Possibilities.? As salam alaikum
Already shared Monthly Analysis two days ago.
Few of you have asked me about Lower TimeFrame so here you go.
T.A Review:
Bearish Channel on Monthly TF
Strong DOJI at Monthly TF
Bullish Channel on Daily TF
1.56 seems to be demand zone.
All are indicating Bullish Movementum
F.A Review:
We've got a busy week. EUR might
manipulate vigorously.
Dollar Strength and Covid-19 can't
be ignored.
T.A indicating BULLISH but AUD & EUR both
are BEARISH Fundamentally.
But eventually we've to be patience and
watch 1.55 zone more closely.
EURAUD ANY MOMENT NOWEuraud clear bullish market structure waiting for a breakout when enought sellers trapped
EURAUD LONGAUD Looking weak-ish and right now price has created a good looking correction that could impulse up.
EURAUD: A new BULLISH Impulse? Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
EUR/AUD
⚪ Technical Analysis :
Since the end of December 2020, the price has been moving with a strong bearish impulse, reaching and bouncing few times on the main support level at about 1.56000.
The price created an interesting possible double bottom pattern on the level, starting a new ascending channel on the 27th of January 2021.
It is currently re-testing a S/R zone at about 1.58300, moving very close to its dynamic support line and the next price action around that zone will be essential to understand the next market movement.
If you wish to have a quick look on my previous EURAUD analysis, you could click the link below 👇
🔴 Conclusion :
The price was following a clear downtrend and a double bottom pattern in this specific circumstance could be an interesting sign of market reversal.
I can see the market moving with a nice uptrend and I'm confident to see it bouncing on the current S/R level before moving up with a new bullish impulse.
I'll definitely keep this market in my watchlist and I'll be waiting a proper rejection before entering long in this trade.
Stay tuned for Updates and Trading Signals !
What's your opinion? Share your idea writing a comment!
⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni
EURAUD, Waiting For Fundamentals..!As salam alaikum
T.A Review:
Bearish Channel
Strong DOJI at Monthly
1.56 seems to be demand zone.
All are indicating Bullish Movementum
F.A Review:
We've got a busy week. EUR might
manipulate vigorously.
Dollar Strength and Covid-19 can't
be ignored.
T.A indicating BULLISH but AUD & EUR both
are BEARISH Fundamentally.
But eventually we've to be patience and
watch 1.55 zone more closely.
EURAUD Long Trade IdeaHey traders, here is the analysis for the EURAUD. NOTE - Please do your own analysis before taking the trade. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
Wave CorrectionEURAUD WAVE CORRECTION
Market Buy Order Set Up.
Buy Entry: (1.56575)
Take-Profit: (1.60000)
Stop-Loss: (1.5521)
Max Risk-Reward: (2.51)
Smash a Like button and leave a Comment, I appreciate every support. Goodluck.
EURAUD trend reversal Yesterday we saw the possibility of reversing the trend at EURCAD.
Today we observe EURAUD.
This week we saw a break, a higher bottom, and yesterday the price managed to make a higher peak.
All this signals the depletion of the downward direction.
This allows us to search for purchases to:
1.6020
and
1.6230
This scenario fails when the previous bottom breaks!
If you have questions about how to trade this or another situation, contact us!
To support us, like and comment!
EURAUD long!Bullish EURAUD, as we have broken above the TL and previous structure. If upside plays i anticipate it will be quite significant, to retest the last spike.
