EURAUD 2h Short positionsEURAUD Shorts into 1.57 and 1.5750 and lower lows into 1.5650 and 1.5600 decent risk reward trade
Euraudshorts
(sells) EURAUD Technical Analysis for April 2, 2018Potential sell opportunities in EURAUD. Wait for a stochastic sell signal to print and short at around 1.61-1.6130. In that case, stops should be around 1.62 with targets at 1.56, 1.50. Hold this for a long time after all, you will be earning positive swaps.
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EURAUD Potential ShortsLast week was bearish and I shall wait for short signals in this time frames before shorting. Potential sells lies within 1.58 and 1.585 with stops above 1.59. Remember, the weekly chart is very bearish complete with a sell signal and a bearish divergence pattern.
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EURAUD Technical Analysis Buy AUDEuro over-extended to the upside and as it is, its a prime time to sell this pair.
so sell and take profits at 1.524 at the 61.8% Fibonacci retracement level in the daily chart.
EURAUD analysis-Sell for November 02, 2017Hey guys,
There is price action bear divergence pattern relative to the stochastics which are moving lower. Other than that sell signal, there is a clear double bar reversal happening at the 3rd quarter of this wedge meaning at any time there will be a break out. A break out below the 20 period MA and support trend line will be desirable for AUD bulls looking for free swap money.
In the monthly chart EURAUD Technical Analysis, there looks to be a potential head and shoulder pattern with recent highs testing the neck like at 1.554. Secondly, with technical formation in the daily chart, I will look to sell tomorrow especially if there is a strong break below the 20 period MA in the daily chart.
This will turn out as follows:
Sell: 1.505
Stop Loss: 1.52
Take Profit: ideal below 1.41 but look for a risk reward of 1:3
As always, let me know what you think in the comment section.
