Get started

Euraudsignal

DeGRAM | EURAUD oppportunity to buyEURAUD rebounded from the support level and lower border of the channel, which act as dynamic support. Price action is putting pressure on the channel's border, which is a dynamic resistance, and probably it will breakout.  The bears failed to make a new low at a psychological level of 1.5400.  We expect retest of the resistance level. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Long
by DeGRAM
10
20 Reasons for Buy EURAUD 🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️ 1 ✨Eagle eye: Yearly Market is sideways. Both sides have imbalance areas, but most markets' sentiments are bullish 2 📆Monthly: market structure is bullish, and the current move is corrective, but now the market also changes character with the previous break 3 📅Weekly: a strong up move now makes a clear retest on weekly FVG and CIP, ready for another bullish impulse move 4 🕛Daily: previous retest support and bullish order block prepared for an impulse move 😇7 Dimension analysis 🟢 analysis time frame: daily 5: 1 Price Structure: bullish 6: 2 Pattern Candle Chart: panic bottom flag 7: 3 Volume: Heavy volume on bull candles 8: 4 Momentum UNCONVENTIONAL Rsi: Sideways middle bull phase 9: 5 Volatility measure Bollinger bands: Not supporting 10: 6 Strength ADX: full sideways 11: 7 Sentiment ROC: Eur is at full strength right now ✔️ Entry Time Frame: H4 12: Entry TF Structure: Bull to sideways 13: entry move: impulsive 14: Support resistance base: mid-order block support 15: FIB: discount price support ☑️ final comments: buy 16: 💡decision: buy right now 17: 🚀Entry: 1.5601 18: ✋Stop losel:1.5400 19: 🎯Take profit:1.6500 20: 😊Risk to reward Ratio: 1:5 🕛 Excepted Duration: 1 month
Long
by Optimum369