EUR/AUD Bullish Channel Trade Setup –Demand Zone Bounce Strategy📉 1. Downtrend Ends
🔽 Price was falling earlier (left side of chart)
🔄 Then it reversed at the bottom of the channel (yellow dot)
➡️ Trend Change Begins
📈 2. Uptrend Channel Forms
📊 Channel consists of:
🔵 Resistance Line (upper blue)
🟢 Support Line (lower blue)
🔁 Price is bouncing between these two lines like a pinball:
🔵 Resistance Line
| 🔼
🟢 Support Line
💠 3. Key Trading Zone
🔷 DEMAND ZONE: (Bright blue box)
🟦 Between 1.74697 and 1.75349
👉 Buyer interest expected here
🎯 4. Trade Setup (Bullish Idea)
🟢 Entry Point:
📍 1.75349
✨ Near support zone and channel bottom
🔻 Stop Loss:
🚫 1.74710
📉 Below the demand zone, protects from downside
🎯 Target Point:
🎯 1.77800
📈 Near the resistance line at the top of the channel
📊 Strategy Flow (Emoji Dots Path)
📉 🔽 🔽 🔽
🟡 Bottom found
⬆️ 🔼 🔼 🔼
📈 Enters channel
🟦 Price enters DEMAND ZONE
🔽
🔵 Entry: 1.75349
🔼
🎯 Target: 1.77800
✅ Final Thoughts
This is a clean bullish setup within a rising channel
✅ Wait for price action confirmation (like a bullish candle 🕯️) in the demand zone
🔒 Protect with your stop loss
🚀 Potential reward is strong if it bounces up
Euraudprediction
EURAUD - Expecting Bullish Continuation In The Short TermH1 - Strong bullish move.
Higher highs on the moving averages of the MACD.
No opposite signs.
Expecting further continuation higher until the two Fibonacci support zones hold.
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EURAUD Short Term Buy Idea Update!!!Hi Traders, on March 18th I shared this "EURAUD Short Term Buy Idea Follow Up"
I expected pullbacks towards the marked key support zones and then a potential continuation higher. You can read the full post using the link above.
Price reached the first key support zone, respected it and bounced higher as expected!!!
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EURAUD Short Term Buy Idea Follow UpHi Traders, on March 13th I shared this "EURAUD Short Term Buy Idea"
We had a strong bullish momentum on the 4H chart and I mentioned that I expect pullbacks towards the marked key support zones and then a potential continuation higher.
Price has currently reached the first key support zone with the price developing a bullish divergence. Expecting the price to potentially move higher further from the first key support zone.
Until both the key support zones hold my short term view still remains bullish here.
If you enjoy this idea, don’t forget to LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍! Drop your thoughts and charts below to keep the discussion going. Your support helps keep this content free and reach more people! 🚀
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EURAUD I Neutral bias and what I expect next (trade update)Welcome back! Let me know your thoughts in the comments!
** EURAUD Analysis - Listen to video!
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!Welcome back! Let me know your thoughts in the comments!
EURUAD I Daily Forecast & Analysis Welcome back! Let me know your thoughts in the comments!
** EURAUD Analysis - Listen to video!
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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EURAUD I Technical and Fundamental Outlook Welcome back! Let me know your thoughts in the comments!
** EURAUD Analysis - Listen to video!
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 and COMMENT 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.
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EURAUD possible short for 1.461016th September daily key reversal bar made a new high closed towards the low. 19th & 20th September daily inside bars range confined within the key reversal bar range. 21st September daily insurance bar broke low of previous three bars low. 22nd September look like coiled bar. Suppy zone for short 1.4885-4935. stop loss 1.4960. target: 1.4610