Bullsh market analysis Market failed to retract into a bearish market after three failed attempts.by Kayme4
euraudUpon reviewing the 4-hour timeframe and the formation of the ABCD pattern, we anticipate that after breaking the downtrend line, the price will move towards the supply zone of 1.6677.by FXSMARTTUpdated 3
$EURAUD SIGNAL2 sell trades as you can see, if second was achieved before first entry is still possible! ATTENTION : forex trading is professionally studied and it's not based on luck, any attempts to enter any trade requires patience, studying, and relaxation so u don't stress out Shortby aliamhz2
EURAUD APRIL 2024 WEEK 1 OUTLOOK - Daily - looks short. tight range all last week. still is in tight range here right now. **1.66081** was a key level last week. price could not sustain above it all of last week. so if we are to continue in trend, I will need price to hold above **1.66081** first. Origin - Here price has already tagged S1. but even if I think price is going up, I cannot enter until price clears the daily level. if I do get a A grade long on my trigger chart this week, I will look to close quickly as we have major levels to clear before long bias can be cemented.Longby Osiris992Updated 2
Short IdeaAfter re-assessment, price has hit significant level and potentially could be a reversal to the downside. Possibly start of a bearish trend. Waiting for price to hit zone before initiating sells for lower prices. Safe and happy trades. Shortby WikFx111
EURAUD short ideaOn the 1H, Bearish fvg filled, short idea to swing low liquidity as tpShortby ProdemoNL112
Short (Bearish Bias)Trying out a new strategy, simplyfying SMC and going with a fibonacci based strategy, I might not take this trade; it is hypothetical, depends on the reaction from the given area, If there is no rejection of the area, I will instead wait for the rejection of the top side of this area :)Shortby Dretrades2024Updated 2
Bullish manipulationIt can be observed that after each accumulation phase, market usually breaks to the upside breaking all short sells.Longby Kayme2
EURAUD 113 PIPS LONG READ DESCRIPTION 1. **Support and Demand Zone**: EUR/AUD is currently within a buying zone, specifically situated in a support and demand area spanning from 1.65560 to 1.65680. This suggests a region where buyers are likely to enter the market, indicating a favorable area for initiating long positions. 2. **Trader Sentiments**: The sentiment among traders for EUR/AUD reveals that 62% of traders are holding long positions, while 38% are holding short positions. This sentiment leans towards the bullish side, implying a positive outlook for the pair. 3. **Technical Analysis Indicators**: - Daily Summary: The daily summary indicates a strongly bullish sentiment, with 15 buy signals, 9 neutral signals, and only 1 sell signal. - Moving Averages: There is a strong buy signal in the moving averages, with 15 buy signals, 1 neutral signal, and 0 sell signals. - MACD, Momentum, Bull Bear Power, CCI, RSI, ADX, Stochastic, Stochastic RSI: All these indicators are signaling buy opportunities, reinforcing the bullish bias. - ATR (Average True Range) and Average Intraday Range %: These indicators suggest a high level of volatility, with an average intraday range of 91.61%, indicating ample trading opportunities. - EMA (Exponential Moving Average) and SMA (Simple Moving Average): Both EMA and SMA (ranging from 10 to 200) are indicating a buy signal. - HMA (Hull Moving Average): The HMA (9) is also signaling a buy. 4. **Trade Targets**: According to your analysis, there are two target prices set, with a target of 113.1 pips. These targets provide clear objectives for traders and help in managing risk and profit-taking strategies. In conclusion, the technical analysis, combined with trader sentiments, suggests a strongly bullish outlook for EUR/AUD. The current positioning within the buying zone and support and demand area indicates a favorable opportunity for long positions. Additionally, the plethora of buy signals across various technical indicators reinforces the bullish bias. Traders should monitor the trade closely and adhere to risk management strategies, considering the high volatility indicated by ATR and average intraday range %.Longby MOAZAM1133Updated 1
DeGRAM | EURAUD broke and closed below consolidationEURAUD is trading in the descending channel. It is creating AB=CD pattern. The market consolidated for a while, and it broke and closed below it. Price action is printing HLs and LLs and is likely to go down. We expect a bearish move to retest the support level. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!Shortby DeGRAM115
EURAUD NeutralThis pair was strugling to break below that trendline in last 30days. Now its making head and shoulder pattern. Break below trendline is clear downtrend. What do you think abt this pair traders?by abdirahmanboss0
EURAUD Long Term Technical AnalysisEURAUD Long Term Technical Analysis Timeframe: Weekly Bullish channel breakout happened and a fibo 61.8% retracement completed with candle confirmation.Shortby Forexians118
EURAUD - High Probability Reversal Sell Zone 🚨Hello traders, EURAUD has been moving sideways for a period. Expecting this sideways movement to finish at 0.786 - 0.88 Fibonacci levels. SHORT Entry - Watch the rejection of the sell zone. - Look for a reversal pattern in that area. - Stoploss: above the highs - Target: 1.63592 ( -0.27 fib ) Goodluck and trade safe! by TradenessfxUpdated 4
EURAUD EURAUD's downward trend has been broken and it is now preparing to rise to the highest level, although it is important to note that this is only a corrective trend. Good luck!Longby KechFxUpdated 3
EURAUDEURAUD rebounded strongly from the area around 1.66120. It has been confirmed that it will continue its downward trend and any correction is expected to be short-lived. Therefore, a sell deal is recommended. Good luck.Shortby KechFx3
for long*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.Longby iminigham11Updated 113
euraud*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.Longby iminigham11Updated 3
EURAUDThis Weekly FORECAST Opportunity for EURAUD. This setup trading idea is for intraday. >> TAYOR Risk Factors: 1. Market conditions, unexpected news, or external events could impact the trade. 2. Always use risk management strategies to protect your capital.Shortby TREND-TITAN0
EURAUD LONGlooking at inverted head and shoulder. good support and resistance area printed out. looking at test of bottom support and push to1.68000.Longby Adambulmantrades2
EURAUD short ideatrendline has confirmed that the third touch is valid and we expect the market to move down, i had another confirmation on swing low candles and ema cross-overShortby DoctorForex27225
TURNING POINT BREAKOUT + OUTLOOK FOR INVERSE TO HAPPENWe've observed four resistance breakouts with the price attempting to retrace back. As of now, there hasn't been a formation of an inverse pattern, indicating that a reversal signal has yet to manifest. It's advisable to monitor the situation closely. Should such a pattern emerge, there's a possibility of a test towards the Fibonacci level of 1.618.Longby vinnhaziqUpdated 1
EURAUD Potential Bullish ShiftOn an hourly timeframe, EURAUD printed Bullish Engulfing pattern followed by a Bullish Hammer which suggests a Bullish Shift. Longby CipherChartsUpdated 2
EURAUD WILL FALL SELLManage SL during news time, intraday trade tp and sl mentioned not a financial adviceShortby ArehmanB1