EURAUD - MORE UPSIDE COMING FOR THIS PAIRI AM EXPECTING EURAUD - MORE UPSIDE COMING FOR THIS PAIR
LIKE, FOLLOW AND COMMENT
Euruad
EURAUD - LOOKING FOR DOWNSIDEHello traders. We are looking for downside on this pair (and possibly upside correction which will be tradable) Make sure you use corect MM and Strategy.
EURAUDEURAUD has just formed under the strong daily support. Heading towards the target to complete the potential H&S.
05-13/07/2018For technical analysis:
Please review the notes below
Pair in very strong resistance areas represented:
1 - historical resistance represented by the levels of the Maori Math
2. Very strong buying signals at resistance levels in Stochastic, RSI and CCI
3. Very strong resistance levels with Fibonacci levels at 61.8-78.2 coming from top to bottom
4 - opportunity to sell another list at the highest R2 resistance at the highest levels where these levels if the price reversed and arrived to designate it that the region proves its strength as a resistance after the price broke in the past and was a support area and then turned to resistance
5. The pair now has two peaks as shown on the chart
Personally better selling than buying
And preferably to be out of the agreement according to the proportion of risk on your account does not exceed 5%
Open the jar and wait for the break on the smaller ferris and Bryce Action
6 - The areas that have been identified are not pending orders, but areas may reach the price and then rebound with the advent of signs of sale or purchase, for example, fluctuations or fluctuations or price Action and ...
7-DEFERGENCY between price, MACDY and CCI on four-hour frame
EURAUD, shortRisk on mood brought strength to the aussie with ease of tentions with China after weekend announcement that the 'trade war is on hold'. EUR continues to sell against the majority of currencies.
Current set-up offers good risk-reward and is in line with fundamentals. Fib levels seem to be respected so first obstacle in the way is 61.8% retracement. Potential to take profits and re-enter there.
Happy Trading!
EURAUD - What will happen?If you look on the weekly time frame, EURAUD will be showing multiple rejections on a very significant weekly resistance level;
On this chart i'm on the daily time frame, and as of right now price is moving between two different zones, showing a strong fight between bears and bulls.
My bias is short, If we get a strong bearish daily close below the grey box and below my trendline,
I believe we will be moving down to the next zone.
for now, I'll sit on my hands and see how price action plays out.
EURAUD Short Trade SetupHello traders
I'm waiting for breaking of green trendline and correction to take short trade.Down move will be either weekly impulse or weekly corrective structure. It is not clear yet, bu we can expect vey big down move after the completion of up impulse:
EURAUD Short IdeaPending Short @ 1.5060
Stop Loss @ 1.5160
Target @ 1.4770
RR Ratio @ 2.9
Trading involves substantial risk of loss. I'm just providing insight into what trades I'm taking.
EURUAD: Major Support / Go ShortThere price is getting close to the major resistance level at 1.4760. The market moves sideways last few weeks and it respected that resistance many times and it is more likely it will do again. If you are an aggressive trader, you may place your sell limit order at the key level. For more conservative traders, wait the confirmation bar and then open the position.
EURAUD May 15 week day trading levelsMy levels I have my day trading short and long zones marked at. Ie. Price coming from below, ill short, and vice versa. 15-30 min tf. Let me know if you have any questions.
EUR/AUD - turning BEARISH?The difference a week makes. Last week this pair looked quite strongly BULLISH but 1.3923 now looks to be a significant level. On the H4 charts the 200 and 100 sma meet at 1.3923.
Unless EUR/AUD can rise above and hold above this level then the picture looks BEARISH.
A break and hold above this level and the picture turns BULLISH.
Trade idea.
Look to SELL if price stays below 1.3923
Look to BUY if price stays above 1.3923.
Look to SELL at 1.4069.
EURAUD FALSE BREAKOUTPRICE WILL CONTINUE ITS OVERALL BEARISH OUTLOOK, DESPITE THIS. A SHORT TERM BULLISH TRADE SEEMS IMMINENT. ENTER A BUY TRADE JUST ABOVE THE 1.44039 LEVEL, IF PRICE WILL BREAK THROUGH THRESHOLD.
ON THE ATR, WE'RE SEEING AN INCREASED VOLATILITY. TRADE WITH CARE.
EURAUD - Probable CypherGood Morning All,
Cypher a probable one...though the ratios do not exactly meet.
EURAUD Short Setup With Great PotentialEURAUD is in a downtrend and we now see price having bounced from a resistance parallel of a valid median line. That's a nice level to short the market with stoploss and profit targets as shown at the chart. Move your stoploss at BE to the second position if price reaches the target at the first one.
Likes and comments are welcomed..
EuraudHello traders , have a bat pattern with structure and a divergence on the rsi. Targets as shown
Cheers
