Euraudshort
EUR/AUDX2 Position
1. Sell: EUR / AUD
SL @ 1.53040
TP @ 1.50650
Max Risk: 2%
2. Sell: EUR / AUD
Sell limit: 1.53180
SL @ 1.53700
TP @ 1.51600
Max Risk: 2%
(When calculating, do not forget about different spreads from Brokers)
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It is not an investment recommendation
💡Don't miss the great sell opportunity in EURAUDTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.4876).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURAUD is in a downtrend, and the continuation of the downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 45.
Take Profits:
TP1= @ 1.4816
TP2= @ 1.4745
TP3= @ 1.4695
TP4= @ 1.4649
TP5= @ 1.4599
SL: Break Above R2
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💡Don't miss the great sell opportunity in EURAUDTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.4876).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURAUD is in a downtrend, and the continuation of the downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 45.
Take Profits:
TP1= @ 1.4816
TP2= @ 1.4745
TP3= @ 1.4695
TP4= @ 1.4649
TP5= @ 1.4599
SL: Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
EURAUD SHORT Points of Liquidity to be noted on EURAUD to the downside, expecting more downside on EUR - more likely to react off the higher liquidity zone but the lower would catch more people out, looking for confirmation and confluence. The .88 comes into line with the higher liquidity zone hence why i think we're more likely to get there
ready for both and confirmation is as follows,
break of 15m and a return to liquidity - i am stopping limit orders on trades like this i am only showing the trades like so on the screen for an idea of what the possibility is from these set-ups
DeGRAM | EURAUD sell pullbackEURAUD made lower lows. It is in a bearish trend.
Currently, it has pulled back to the previous resistance zone.
This is a simple breakout - pullback - continuation trade.
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EURAUD - Support Trap 🐻This pair is creating support just above the demand and fair value gap.
I have no interest in trading the support or the demand just below it.
My main focus is locating longs within the gap or at the lowest demand.
We will have to wait a while for this to play out but the patience will pay.