Euraudsell
EURAUD approaching resistance, look out for potential reversal!
EURAUD is approaching its resistance at 1.60559 where it is could reverse down to its support at 1.60056.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURAUD Bearish trend for this week 30/6/2019EurAud this week will continue dropping to 1.56950 to break it out
but the first thing will happen while the market is open is to retest price @1.6250 trying to break it, then going down again
The average dimension is (1.609375 to 1.625000) (yellow line in the chart )
Daily dimension: (1.617375 to 1.619375) (Green line )
Our Target is :
SELL order @ 1.625000
TP1 @ 1.615000
Tp2 @ 1.62500
TP3@ 1.61175
SL@ 1.62770
Trade at your own risk!
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Thanks a lot for reading.
EURAUD ShortWe have to watch 1.6260 level if any strong bearish 4h closer we are for sell, I think that level will be tested again, but trade safe this pair is a pain in the ass and can do big manipulations.
My advice don't trade this pair until you see a candle you want in that level because that level is the level where the manupilation
is made, I think that level will be tested 3 4 times until aussie gets stronger.
And make sure you put a big stop loss for this pair.
EURAUD reversed from resistance, potential drop!
EURAUD reversed off its resistance at 1.62552 where it could potentially drop further to 1.61788.
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EURAUD - FOREX - 18. JUNE. 2019DACAPITALTRADING V2.0:
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1 HOUR
Bullish price action and pressure.
4 HOUR
H4 Price action broke previous highs and resistance.
DAILY
Overall strongly bullish waving market with several x-a waves and sctructure.
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FOREX SETUP
SELL EURAUD
ENTRY @ 1.63900
SL @ 1.64680 (80 Pips)
TP @ 1.62570 (130 Pips)
RR: 1.70
Use normal Risk (1% per Position)
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN