EURAUD : 4H : Break down rising trend-lineEURAUD : 4H : End of Bullish Run and break down below trend-line
E : Above 157.5
SL : 158. 1
TP : 156.30
Euraudsell
EURAUD possible big move towards lowsEURAUD broke out the uptrend line and just retested. It is very much likely that the market will retest the lows. Momentum indicators supporting the view, i am looking for sell setups for a target to the lows.
EURAUD Decision Zone
EURAUD moving into important decision zone.
With the previous uptrend being broken with strength we hypothesize this recent up-move is simply counter-trend to set a lower-high, with price being at an ideal location for that lower-high to be created.
A selling opportunity will present itself upon a break of this counter-TL as well as a break of the previous counter-trend low. We will then look for price to pull back to the last counter-trend low for entry with stops above counter-trend highs. Target One circa 1.5500. Target Two circa 1.5400 - 1.5350 just before weekly structure / decision zone.
1.5650 could prove to be a tough price to break, but if broken, I will have high confidence in the trade reaching Target One & increased probability of reaching the weekly decision zone.
EURAUD (Shoulder-Head-Shoulder with break trend and Fibonacci)Risk:Reward 1:3
Shoulder-Head-Shoulder with break trend and Fibonacci touch in 61.8.
There are three very good confirmations for sell.
EUR/AUD Will make next price rangeEUR/AUD Will make next price range
Watch and wait price action in vital price & area
Write trading planing and exit planing to backup your trade if your analysis going wrong
Always write exit planing first before you go in market calculate the risk according to which you are able to receive it
limit your losses and let gains run
Short trade on EURAUDHi all,
i've been looking at this pair over the last days, and it finally turned into a trading opportunity right now. The blue zone is a structure zone in which price has lately been very sensitive and it's also been a zone in which price has gone overbought on the 4hr chart, also creating a short candlestick with an engulfing candle. Moreover, on the hourly timeframe price has created a strong bearish leg, which signifies selling pressure. A conservative trader would wait for a break of the hourly support, i'm entering now because my trading rules are met.
If you have questions, feel free to comment below.
Otherwise, see you in the next chart!
Short setup on EURAUDHi all,
i've been looking at this pair over the last days, and it finally turned into a trading opportunity right now. The blue zone is a structure zone in which price has lately been very sensitive and it's also been a zone in which price has gone overbought on the 4hr chart, also creating a short candlestick with an engulfing candle. Moreover, on the hourly timeframe price has created a strong bearish leg, which signifies selling pressure. A conservative trader would wait for a break of the hourly support, i'm entering now because my trading rules are met.
If you have questions, feel free to comment below.
Otherwise, see you in the next chart!
EURAUD short profit taking on friday.This could be nice profit taking for the friday trade, observe it.
EURAUD - SHORT - 1 HOUREA - Teacup on the 1 Hour.
Entry: 1.54575
SL: 1.54875 (30 PIPS)
TP 1: 1.54325 (25 PIPS)
By the time of me publishing this, it already started to make a move down past my entry point. Let's see how it plays out!
(I'm a student sharing my trade ideas. If anyone has input please share!)
*This is not a signal, nor am I giving financial advice. Trade at your own risk.*
EURAUD short speculationEURAUD is in a bearish trend according to our indicator, we can either sell at CMP or wait for a pullback.
Great Sell Opportunity EUR AUD Very Nice Rising Wedge is formed ,So we can anticipate a Selling Wave and waiting a confirmation of breakout the pattern and take profite with the last suppport
EURAUD testing major support, prepare for a potential bounce!EURAUD is testing major support at 1.5772 (long term ascending support line, Fibonacci retracement, horizontal overlap support, Fibonacci extension) and a strong bounce could occur at this level pushing price all the way up to major resistance at 1.6137 (Fibonacci extension, Fibonacci retracement, horizontal swing high resistance). We identified second support at 1.5632 which is right below major 50% retracement and swing low support).
Stochastic (55,5,3) is seeing major support above 2.6% where a corresponding bounce could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Weak... ISH Euro!Euro is still on the weak side for me this week along with the US Dollar and Pound. Nice simple set up here, hammer candle formation at a descending trend line. Target at fib extension, done.
EURAUD SELL SELL Opportunity EURAUD SELL SELL Opportunity! Will EURAUD Continue With The Move Down? According to Gann, Yes. A Good SL Will Be Around 1.6024 Levels
>> EURAUD << April 16th >> Short „Swing“ Setup <<Hey Guys and Welcome,
EURAUD broke retraced over 60% of previous week price action, we are following „Mid“-term Trend with a good RR.
Pullback to midterm downtrend done, will this trend channel hold? Sniper Entry!
Short: 1.59477
Sl: 1.60623 (110 Pips)
TP1: 1.58134 (135 Pips)
Feel free to Comment and Discuss my Trades.
Have a Great Week :)
Alan
EURAUD SHORT (Volume Analysis)www.tradingview.com
Low volume shows no Professional interest in buying.,,,
Possible Head and Shoulders with a big dropFound possible head&shoulders pattern.
trade with care.
manage your risk.
i do not take responsibility.
EURAUD Testing Strong Ascending Support, Prepare For A BounceEURAUD is bouncing nicely off major support presenting us with a good buying opportunity.
Buy above 1.6058. Stop loss at 1.6020. Take profit at 1.6185.
Reason for the trading strategy (technically):
Price is testing major support at 1.6058 (Fibonacci retracement, Fibonacci extension, horizontal overlap support, ascending support) and a strong bounce could occur at this level pushing prices all the way up to major resistance at 1.6185 (Fibonacci extension, horizontal swing high resistance).
Stochastic (21,5,3) is seeing a nice bounce above major support at 6.8% with good further upside potential.
EURAUD seeing strong bullish support, potential for further riseEURAUD is seeing strong ascending support maintain our bullish momentum. We’re also seeing strong horizontal overlap support at 1.5799 (Fibonacci retracement, horizontal overlap support, Fibonacci extension) and a bounce could occur at this level to push price back up to 1.5951 once again (Fibonacci extension, horizontal swing high resistance).
Stochastic (55,5,3) is seeing strong support above 3.5% where a corresponding bounce could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
EURAUD bouncing nicely above major support!
EURAUD is bouncing nicely above major support at 1.5625 (Fibonacci retracement, horizontal swing low support) and a further rise could see price push up to 1.5770 resistance (Fibonacci retracement, horizontal swing high resistance).
Stochastic (34,5,3) is seeing a nice bounce above 4.8% support with really good upside potential, similar to what we’re seeing in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
