Euraudsell
EURAUD Market Outlook | Alchemy FX Daily Telegram Breakdown.EURAUD
As previously mentioned we have a head and shoulders pattern on the daily time frame. Price looks to be breaking out to the downside but it could be a fake out and is still too early. I am going to wait patiently for this set up to develop some more although it does look like a good short.
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EUR/AUD: Daytrade-Opportunity#SELLHey tradomaniacs,
welcome to another free signal of Week #43 Nr. 1
How to trade: Wait for the breakout below the trendline and horizontal support before you sell.
Type: Daytrade
Market Sell: 1,62443
Stop-Loss: 1,62814
Target 1: 1,62101
Target 2: 1,61712
Target 3: 1,61506
Stop-Loss: 37.1 pips
Risk: 1-2%
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Peace and good trades
Irasor
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EURAUD Market Outlook | Alchemy FX Weekly Breakdown.EURAUD
Clean Head & Shoulders with EA on the daily perspective. EA is looking very bearish on the higher timeframes. On the lower timeframes we appear to be in a slight uptrend still. EA is a bit tricky right now so being adaptable will be key.
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EURAUD Short Trade Opportunity... Full analysis on screenPrice is up against some heavy resistance @1.63 and we can also see that Bearish momentum is increasing so I guess we will see a further decline in Price in the next few days. Crucial is a break of the trend line on the other hand if there is a break of the counter trend line I will close the trade manually. I hope my on screen analysis is clear but if not feel free to ask me in the comments below.
EURAUD reversed from resistance, potential drop!
EURAUD reversed off its resistance at 1.63682 where it could potentially drop further to 1.62797.
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Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
EURAUD bounced from support, potential for a further rise!
EURAUD bounced off 1.62857 where it could potentially rise further to 1.63421.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
EURAUD ShortHi,
We get a pullback to the 618 level, we are looking for a third bearish leg to the 1272 extension level. Entry on the break of the upward channel. But, was a bit late on this. This is a purely technical setup and will be holding this into the Asian session.
Entry: 161700
Stop loss: 161876
Take profit: 161214
Will be trailing stops to Break Even at the break of the lows.
EURAUD ShortHi,
Looking for a continuation to lows here, this is a purely technical setup, with price testing the 618 fib level and breaking the channel formed. We are finding bearishness on the Euro and are looking to get on the back of this. For me to take this trade, I will need to see strong bearishness.
Entry: 161775
Stop: 162082
Target: 161385
Trailing the stop to breakeven at 161630.