EURAUD I Double wick rejection on daily Welcome back!
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EUR/AUD is currently displaying double wick rejection on the daily and due for a correction. Target is 5970!
Be sure to follow the entry criteria rules for your strategy and keep this on your watch list! Best entry is at resistance zone if price pulls back.
Euraudshort
EURAUD, 4hr tf, AB=CD pattern
Yesterday we got our stop loss hit for this pair.
I still think a retracement will soon come as this pair hitting resistance right now.
We could see the movement of EURAUD making an AB=CD pattern.
Keep in mind we have RBA in 50 mins so expect some volatility in all AUD pairs. Use proper risk management.
Sell EURAUD 1.6065
Stop loss 1.6130
Take profit 1.5935 (2R)
Use only 1-2% risk
Good luck
EURAUD, 4hr tf, sell at weekly resistance level
As you can see price now at horizontal weekly resistance which is 1.5900 area.
We do have an impulse to the upside recently, but after an impulse, there is always a correction. Usually the correction will be in 3 sub waves ABC.
As we are already completed wave A and B. I think EURAUD might drop once again to complete wave-C.
Sell EURAUD 1.5900
Stop loss 1.5940
Take profit 1.5700 (5R)
Use only 1-2% risk
Good luck
EURAUD - Capture BuyersWeekly Projection (4H)
Our aim as always is to capture liquidity.
We will be targeting the aggressive breakout buyers this week.
Our goal is to get involved in sells from the pullback all the way down into likely stop loss region.
Let's see how price reacts around 1.59300 before we consider our sells into the liquidity region.
I will be expecting pullbacks tomorrow.
EUR/AUD Full Analysis And 2 Setups Available In This Video 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
EUR/AUD New Short Setup Available To Catch 200 Pips !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
💡Don't miss the great sell opportunity in EURAUDTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.5694).
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 24.
Take Profits:
TP1= @ 1.5619
TP2= @ 1.5554
TP3= @ 1.5477
TP4= @ 1.5424
TP5= @ 1.5359
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 (1.5694).
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 above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 26.
Take Profits:
TP1= @ 1.5619
TP2= @ 1.5554
TP3= @ 1.5477
TP4= @ 1.5424
TP5= @ 1.5359
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 ❤️
Bearish outlook on EURAUD Hey everyone, this is what we are seeing on EURAUD, prices are under pressure from our resistance in line with the 78.6% fibonacci retracement and a test of this area could see a drop from here. The next support target highlighted will be at 1.57715, in line with the retracement levels. This area was also previously respected by prices as the support.
1 July: EURAUD time to sell Hi everyone!
EURAUD could see a limited push up to test its resistance zone at 1.58516 which lines up with the 78.6% retracement. This area was the previous high where we saw a reversal in price and could present an opportunity for us to play the drop. Stop loss is placed slightly above the recent spike and take profit target lines up at the 61.8% and -27.2% retracement. What are your thoughts on EURAUD?
EURAUD Sell Trade Opportunity (My View)EURAUD>>??<<>>?? This Pair Is Shaping Up Nicely For A Sell Trade. Ideal Indicated On Chart With SL Slightly Below Resistance (You Can Have Yours Slightly Above) ... You Can Alternatively Look For Your Own Sell Set-Ups & Cashing In As This Pair Slowly Moves Down.
EUR/AUD Swing TradeEUR/AUD is trading in a bearish channel, and I expect for the current correction to end when the price reaches the down trend to begin falling to the down traget in green line.
This a swing trade, if you want to take please wait for the price to reach the down trend first, or place a SELL LIMIT order in 1.6080.
Trade safe.
💡Don't miss the great sell opportunity in EURAUDTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.5802).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURAUD is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 47.
Take Profits:
TP1= @ 1.5733
TP2= @ 1.5690
TP3= @ 1.5659
TP4= @ 1.5605
TP5= @ 1.5538
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 ❤️