SHORT - EURAUD (D) (28 May 2023)Position Trade - EURAUD
Monthly Supply in Control
In the Monthly Chart,
- Expecting price to come down hard as it hits a 2nd re-test in the Monthly Supply
In the Weekly Chart,
- Need a confirmation that price will come down, hence wait for price to break an opposing Weekly Demand Zone first
In the Daily Chart,
- Price is correcting to the downside
- This trader is looking for continuous sell/s trades as there are compression to the left of the chart
Pending SELL order on the D1 chart is set on 28 May 2023
Euraudshort
EURAUD to find sellers at current resistance?EURAUD - 24h expiry - We look to Sell at 1.6090 (stop at 1.6140)
Current prices have reacted from a low of 1.5978, however, we expect further losses to follow.
Previous resistance located at 1.6050.
There is no clear indication that the downward move is coming to an end.
A higher correction is expected.
Risk/Reward would be poor to call a sell from current levels.
A move through 1.5978 will confirm the bearish momentum.
Our profit targets will be 1.5970 and 1.5950
Resistance: 1.6100 / 1.6140 / 1.6240
Support: 1.5978 / 1.5900 / 1.5850
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
EurAud sellWe can see a potential sell on EURAUD in next trading session as it has broke the H1 support and making lower lows and Higher lows under H1 trendline there could be a potential sell oppertunity after resistance on H1 trend line we will wait for the price action and respect of H1 trendline and resistance as well then after a proper price action candle on M15 we will genrate M5 signal and enter
EURAUD Strong support Short opportunityHi traders!
According to my analysis, the EUR/AUD currency pair is expected to decline, presenting a potential short opportunity. The basis for this expectation is the recent crossing of the price below the 200-period Weighted Moving Average (WMA), indicating a bearish signal. Additionally, there is a strong support level that further strengthens the case for a downward movement in the price. Traders may consider capitalizing on this situation by initiating short positions in the EUR/AUD pair, anticipating a potential decrease in value. However, as market conditions can be unpredictable, it is essential to conduct thorough research and employ appropriate risk management strategies before making any trading decisions.
Have a great trading week ahead!
EURAUD sellWe have a sort sell trade on euraud as it has completed its wave formation too as its going to fall the confluance is rejection on H4 significant resistance and E wave in a wedge is formed which is also a continuation patteren in the long run also we are waiting here for a confirmation of price action like hammer pinbar engulfing twizzertop any one so we will have a short scalping trade of 83 pip with 1:2 R:R and then we will wait for the pair to continue to its direction and break the level of 1.62302 and give us singal we will enter after confirmation
EURAUD in a triangle.EURAUD - 24h expiry - We look to Sell at 1.6325 (stop at 1.6375)
Previous support located at 1.6250.
Previous resistance located at 1.6300.
Price action has continued to range within a triangle formation.
Further downside is expected.
Risk/Reward would be poor to call a sell from current levels.
Our profit targets will be 1.6205 and 1.6185
Resistance: 1.6300 / 1.6325 / 1.6400
Support: 1.6250 / 1.6200 / 1.6100
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
EurAud to resume its uptrend (Nice R:R trade)After reaching 1.67 high EurAud started to drop and test the important support level at 1.61
A nice bullish structure followed this rop and test of support and now the pair seems ready to resume the up trend.
Buy dips under 1.63 could be a good idea and such a trade would also have a nice R:R
EURAUD NOT convincing upward momentum We are still in short from Friday on this pair, the reason for not exiting the trade so far is failed breakout of the downtrend, all attempts failed as we see. The sole purpose is to hit the stop loss of many traders. Every deal we enter has an exit point and an entry point in our records. The exit point is a close above a supply area or a candle close below a demand area. This is how large corporations trade. And that's the right way.
EURAUD nicely fulfilled my last idea what nextEuraud nicely hitt our sell target and give us 600+ pips ( tagged ).
Now I expect some more bullish retracment before further drop.
And we have an area for selling is bearish trend line marked on chart and there is a horizontal zone also.
So wait for the area for selling opportunity.
Always trade safe and must use stop loss.
If you like this idea kindly appreciate with like button.
SELL TRADE SETUP ON EURAUDHey Traders,
Check this sell trade on EURAUD out.
The Market is in complete bearish momentum and the price is making a free fall for it.
Watch out for the completion of the pattern, touching the upper band of the channel and then look for a sell opportunity on a smaller timeframe.
Stay patient.
EURAUD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EUR/AUDHello dear traders
I try to guide you in trading and creating trading positions and share my trading ideas with you so that if I make a profit, you can also make a profit with me.
These analyzes are done with great complexity and all technical parameters are taken into account as much as possible.
And finally, it is presented to you in a completely simple and practical way to use them.
Be sure to follow the capital management.
Do not risk more than 1% of the capital in any of the positions.
Keep in mind that you are responsible for all trades.
(Good luck)
EUR/AUD Best 2 Places To Can Sell It To Get 300 Pips At Least !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.
EURCAD - Coming long position ✅Hello traders!
‼️ This is my perspective on EURAUD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs from discount zone. I expect price to go a little bit lower to fill the imbalance and then to reject from bullish order block + institutional big figure 1.47000.
Like, comment and subscribe to be in touch with my content!
AURAUD SellIn my point of view EURAUD is showing Bearish momentum as we can see with 200SMA price also crossed SMA 200 downwards which means EURAUD will continue bearish ,here is a sell oppertunity if price goes back to fill Fare value Gap it has created or retest the broken trendline then we will be taking a position Short after confirmation from 1.64579 to 1.64147 zone SL will be 1.64707 TP will go around 1.62531
Now i will be waiting for price to fill the imbalance and enter if doesn't do so i will wait for price to reach at its support level and then after confirmation it will be a buying opportunity...
EURAUD - Long from discount zone ✅Hello traders!
‼️ This is my perspective on EURAUD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs from discount zone. I expect price to go a little bit lower to fill the imbalance and then to reject from bullish order block.
Like, comment and subscribe to be in touch with my content!
EURAUD - Bearish TrendBased on the chart, it appears that there is a bearish trend forming as evidenced by Lower highs (LHs) and lower lows (HLs). Further analysis using the Relative Strength Index (RSI) indicates that there is currently no divergence present. I recommend taking a short trade with a risk/reward ratio of 1:1.
Please note that this is my personal analysis and trade plan, and it is important for you to conduct your own research and risk management strategies before making any trading decisions.