Euraudshort
EURAUDHello everyone, and welcome to my TradingView profile, my name is TRADiNG_Club_ and today I am going to analyze EUR/AUD a full technical analysis on different time frames using a translation of market information While doing so, let me give you a personal opinion about it. The next most likely market movement and helps you find and manage market opportunities.
My thoughts are for those who are interested in improving their financial education.
Thank You...
EURAUDHello everyone, and welcome to my TradingView profile, my name is TRADiNG_Club_ and today I am going to analyze EUR/AUD a full technical analysis on different time frames using a translation of market information While doing so, let me give you a personal opinion about it. The next most likely market movement and helps you find and manage market opportunities.
My thoughts are for those who are interested in improving their financial education.
Thank you..
EURAUD: Fake BreakoutI believe we may be witnessing a fake trendline breakout here on EURAUD due to the fact that the main demand is still being rejected.
We created EQL's within the demand which has now been liquidated, this could be enough liquidity for the banks to make a buy move.
Traders, if you have your own opinion about this idea, write in the comments section, I always reply.
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EUR/AUD likely to go down again!Hey tradomaniacs,
looks like EUR/AUD is ready to retrce once again after re-testing a resistance which has often resulted in a stronger move down.
For now we see absoprtion and so a possible retracement that we can trade with a tight stop-loss. Make sure to manage aggressively as falling stocks to often correlate with EUR/AUD to the upside (volatility).
Worth a try as risk-reward is very high here.
Let`s see =)
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Peace and good trades
Irasor
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EUR/AUD Volume areas 📊New Weeks and New levels from my Weekly ideas !!
On EUR/AUD is nice to see strong sell-off from the price 1.6002 , there are nice to see strong volume area....
Where is lot of contract accumulated...
I thing that sellers from this area will be defend this short position...
and when the price come back to this area, strong sellers will be push down the market again...
Strong Downtrend + Strong volume area is my mainly reason for this short trade....
Happy trading
Dale
EURAUD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
EURAUD Trade PlanOANDA:EURAUD
Bearish Indications
1- Bearish engulfer
2- Rejection from resistance at 1.59415, which is also previous neckline support for Head & Shoulder
3- channel trendline resistance
4- 0.5 Fib level retracement for a bearish trend started from Aug, 21
4- bearish divergence
However there are few but strong Bullish Indications
1- HH & HL on 4H timeframe
2- strong bullish momentum on RSI
So, I am short biased for smaller timeframe. It may continue back bullish trend after testing 0.236 Fib level.
But I have given two trade plans for the either side, mentioned on chart.
Please support with comment and like.
Thanks and Good luck