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.
Euraudsell
EURAUD, daily tf, hanging man candle appearsPrice previously broken above the marked yellow resistance area and go up for 160 pips.
In my opinion we haven't see any retest to this resistance as a support and we might see one soon.
There is going to be RBA meeting soon and it might follow it neighborhood RBNZ stance which send NZD gone up.
Notice also the previous daily candle close looks like hanging man candle indicating sellers could be in control soon.
Sell EURAUD 1.5790
Stop loss 1.5840
Take profit 1.5665 (2.5R)
Use only 1-2% risk
Good luck
EUR/AUD Moved +80 Pips From Last Analysis, New Entry AddedThis 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 SELL IDEAHey tradomaniacs,
welcome to another trade-setup!
EUR/AUD: Daytrade-Execution
Market-Sell-Order: 1.56120
Stop-Loss: 1.56700
Point of risk-reduction: 1.55550
Take-Profit: 1.54750
Stop-Loss: 54 pips
Risk: 0,5% - 1%
Risk-Reward: 2,50
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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EUR/AUD Full Analysis And 3 Setups Available In This Video 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 Full Analysis And 2 Setups Available In This Video 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, daily tf, HnS pattern in play
As you can see we spotted a HnS pattern forming and price already broken below the neckline.
Right now is the retest of the broken neckline so we might try selling this pair at this retest.
Notice that price broken below the neckline previously with a strong solid candle so we could see further drop in this pair.
Sell EURAUD 1.5540
Stop loss 1.5590
Take profit 1.5360 (3.6R)
Use only 1-2% risk
Good luck
#EURAUD set to continue the Downtrend 📉#EURAUD showed a weak signal in the early morning after European Markets open.
As the global economy recovers after the block caused by the Covid pandemic, the commodity currencies like the Australian Dollar or New Zealand Dollar are well placed to advance. In particular, the outlook for EUR/AUD is bearish as the pair has actually been strengthening since late February despite all the signs of an economic recovery.
EURAUD, daily tf, inside bar breakout to the downsideWe see an inside bar pattern on the daily chart and price pretty much break below the candle.
It also closed below EMA-21 and we might see further drop from this pair.
Sell EURAUD 1.5555
Stop loss 1.5635 (80 pips)
Take profit 1.5275 (280 pips)
RR ratio 1 : 3.5
Use only 1-2% risk
Good luck
EUR/AUD SELL SIGNALHey tradomaniacs,
welcome to another free trading-setup.
EUR/AUD: Day-Swingtrade-Execution
Notice: Risky ahead FOMC-meetings tomorrow as market is really choppy! Rather stay out if you don`t like trading with a higher risk.
Sell-Stop-Order: 1.55270
Stop-Loss: 1.55800
Point of Risk-Reduction: 1.54840
Take-Profit: 1.53550
Stop-Loss: 50 pips
Risk: 0,5% -1%
Risk-Reward: 3,45
EAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
EURAUD, 4hr tf, sell on strong resistance
Price currently on a nice resistance area. We might see some bounce from this resistance to complete this sideways correction.
We might see 1 more downwards movement before price continue going up again.
I will try selling EURAUD from this point.
Sell EURAUD 1.5600
Stop loss 1.5680
Take profit 1.5280 (4R)
Use only 1-2% risk
Good luck
Series of Rising wedge patterns-Run towards southEURAUD
The recent downtrend will further accelerates the selling in this pair.Rising wedge pattern will give us good risk
reward ratio.Rejection around 1.57000 and support around 1.52500
Breakdown of the minor rising channel will be a good signal to sell this pair.Primary target would be 1.52500
*Price-below price action level
*Price around point of control
*Price around 03 EMA(50,100,200)
*Fundamental support-AUD
*Rising COVID cases-Negative impact in this pair
Disclaimer!
This chart represents the future expected move only-Not a financial advice
Appreciate good works-
“Don’t judge each day by the harvest you reap but by the seeds that you plant”
Robert Louis Stevenson
EURAUD Hit All Targets +200 Pips And New Short Trade Available 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