EURAUD ____ BULLISH MOVE UPDATEHello Guys,
FX:EURAUD is one pair that has been on my radar and right now, it has entered a key weekly demand zone after taking out a daily buy-side liquidity. Not only that, you would notice on my chart I have marked out some buy-side liquidity pools on the 1-hour timeframe that the price would like to go hunting on its way up.
Another interesting thing to note is, if you go on the weekly timeframe, you would notice the particular candle that the price has just been taken out. That candle had a strong bullish impact and we have just closed below it on the daily, so I expect the market to react accordingly. It is also based on that candle that I have decided to place my TP at that price.
I would love to see the price go higher to sweep the other buy-side liquidity in the 1-hour timeframe but I am content with where my TP is.
As you guys know, trading is a long-term game and you will always leave money on the table.
There is no point in trying to have the best entry and exit. Just focus on each trade to win and that's all.
If you have any questions concerning this trade idea or anything related to forex, feel free to ask me.
Cheers,
David
Euraudsignal
EURAUD Possible buy zoneCurrency Pair : EURAUD
Possible direction : Bullish
Technical Analysis :4h timeframe price has formed an inverted head and shoulder has broken out of the inverted head & shoulder. Daily price has just broker recent support and may reverse back to the resistance level. Weekly and Monthly are strong bullish price action lower timeframe market structure is merging with higher timeframe price action.
Possible trade recommendation : Bullish on the retest of the neckline
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EURAUD ____ 7.9R BUY TRADE IDEAHello Guy, FX:EURAUD is one pair that has been on my radar and right now, it has entered a key weekly demand zone after taking out a daily buy-side liquidity. Not only that, you would notice on my chart I have marked out some buy-side liquidity pools on the 1-hour timeframe that the price would like to go hunting on its way up.
Another interesting thing to note is, if you go on the weekly timeframe, you would notice the particular candle that the price has just been taken out. That candle had a strong bullish impact and we have just closed below it on the daily, so I expect the market to react accordingly. It is also based on that candle that I have decided to place my TP at that price.
I would love to see the price go higher to sweep the other buy-side liquidity in the 1-hour timeframe but I am content with where my TP is.
As you guys know, trading is a long-term game and you will always leave money on the table.
There is no point in trying to have the best entry and exit. Just focus on each trade to win and that's all.
If you have any questions concerning this trade idea or anything related to forex, feel free to ask me.
I am still monitoring OANDA:USDSGD for a long. When I see my setup, I'd be sure to let you guys know.
See my analysis on USDSGD below
Follow me so you don't miss out.
Cheers Guys,
David
DeGRAM | EURAUD trend continuation opportunityEURAUD rebounded from the major resistance level, and it's approaching the psychological level at 1.62000.
Price pulled back to the support, broke, and closed below the ascending channel.
The market is bullish on the daily timeframe, so it makes sense to take advantage of long trading opportunities.
We expect bullish from the kill zone.
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EURAUD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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 : Short Trade , 4hHello traders, we want to check the EURAUD chart in the 4-hour time frame. After moving in an ascending channel, the price has reached the resistance level of 1.63800 and also the ceiling of the ascending channel. We expect that this resistance level will stop the upward trend of the price and the price will reach May the specified targets fall, good luck.
EURAUD sell Entry : 1.63775
Stop : 1.65455 , Target1 : 1.62070 , Target2 : 1.60420
Risk/Reward Ratio : 2
EURAUD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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 : Short Trade , 1DHello traders, we want to check the EURAUD chart in the daily time frame. The price has reached the key area of 161.700 and 162.000. The price has reacted with this level several times in the past and the price has played the role of a resistance level. We expect This time, the price will not be able to break this level and fall to around 1.59800. Good luck.
DeGRAM | EURAUD structure based tradeEURAUD is in a ascending channel and is in an uptrend. However, the price is near the structure resistance.
The market made equal measured move; AB=CD pattern.
Price is likely to go down from the resistance level 1.57500 and fibo extension level.
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DeGRAM | EURAUD false breakout EURAUD is in a ascending channel. But
The market made a shallow higher high, then the price was pushed back below the resistance level 1.55650. False breakout
Bull are running out of steam and the market is likely to restest the support level.
We expect bearish move.
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DeGRAM | EURAUD trend continuation EURAUD is in a descending channel and is in a downtrend.
The market is consolidating at the resistance level after AB=CD pattern.
Price action is printing HLs and LLs and is likely to go down from the psychological level 1.5600 + resistance + dynamic resistance + 61.8% fibo.
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EURAUD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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.
DeGRAM | EURAUD Breakout continuationEURAUD broke and closed above the consolidation zone and descending channel .
The bears failed to make a new low at the support level instead bulls pushed the price higher.
We expect a breakout pullback continuation pattern ( BPC ).
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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.
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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
DeGRAM | EURAUD level breakout EURAUD moving in the ascending channel.
Price is creating a triangle pattern, resulting in a potential AB=CD pattern if it breaks it.
The market is trading near the psychological level of 1.5600.
We expect a breakout of the resistance level and a further bullish move.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
EURAUD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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.