EURAUD Lately on EURAUD price has retested both the daily Inverse gap + the daily fair value gap and has closed below the both of them now ready to take out those swing lows
AUDEUR trade ideas
EURAUDi don't think so , the price will go down or up
haha
what do you think guys?
this is so disappointed.
Timeframe H4 ; clear downtrend
but, some tiggreeeddd when the price break the resist!!
what do you think guys
please share
disclaimer this is not a signal
thanksyou
EURAUD MAY 2024 WEEK 3 OUTLOOK -
Daily - flip of AU here. price has already tagged S1 on daily and so, we can expect a pullback here. could be to the POC.
Origin - this confirms pullback theory from daily. as long as price stays above **1.63210 - 1.63003** bias will remain long and vice versa. since we are trading around start of month AVWAP it is critical to see how price reacts from this area.
EURAUD MAY 2024 WEEK 3 OUTLOOK -
Daily - flip of AU here. price has already tagged S1 on daily and so, we can expect a pullback here. could be to the POC.
Origin - this confirms pullback theory from daily. as long as price stays above **1.63210 - 1.63003** bias will remain long and vice versa. since we are trading around start of month AVWAP it is critical to see how price reacts from this area.
EurNzdMotive to go up based on last weeks, price action and are current rejections from the downside promoting upward movement
EUR/AUD DailyPrice looks to be moving within a daily downtrend as shown by the subsequent lower highs and lower lows on the chart. Daily support sits at 1.6150 which was last tested and rejected several times over December 2023 and January 2024. If price continues on its trajectory, we could see support tested before the end of this new trading week.
Shorting EUR/AUDI am shorting Eur/Aud since last friday. Still in a down trend and the Euro will probably have an interest rate cut sooner than AUD.
EURAUDbase on basic technical analysis
i think this pair is strong bearish,
but lets see on Monday
disclaimer
this is not a signal
be smart and save your money
i just share what i learn and what i see
thanksyou
EURAUD - Bullish TradeEURAUD in bearish trend depicted Bullish AB=CD pattern which is indicating bullish trend ahead.
EURAUD I Potential bearish continuation Welcome back! Let me know your thoughts in the comments!
** EURAUD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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EURAUDA possible move for EUR AUD. Gap is getting larger and larger between supply and demand zones.
EURAUD:🔴Is it Bearish...?!🔴(Details on caption)
As you can see the price reached the HTF bearish Inversion, which is a strong resistance and had a bearish reaction and shifted the market structure, so we looking for a sell opportunity.
In that case, the price created the liquidity pool below the bearish order block which is a high probability selling scenario.
So if the price reaches the bearish order block we can enter the sell position with LTF confirmation.
💡Wait for the update!
🗓️10/05/2024
🔎 DYOR
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EUR/AUD BULLS WILL DOMINATE THE MARKET|LONG
Hello,Friends!
EUR-AUD downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 1.658 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the EUR/AUD pair.
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Strifor || EURAUD-08/05/2024Preferred direction: BUY
Comment: The next buy transaction is being considered for the EURAUD currency pair. We previously considered both long and short positions for this instrument. Today it is not too late to join long positions, and most likely, starting from the current price, the price will go to the level of 1.64767 (scenario №1) , where our goal is located.
If scenario №1 does not realize, another entry from the level of 1.63067 can be actively considered (scenario №2).
Additional comments on this trade will be provided as situation changes. Follow us!
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EUR/AUDThe "bullish AB=CD" pattern is another harmonic pattern used in technical analysis to identify potential trend reversals in financial markets, particularly in stocks, forex, and commodities. It's based on the Fibonacci ratios and consists of two legs that are equal in terms of price and time.
Here's a breakdown of its characteristics:
1. **AB Leg**: The initial leg of the pattern, marked from point A to point B. This leg represents the initial impulse move in the direction of the prevailing trend.
2. **BC Leg**: After the AB leg, there's a corrective move from point B to point C. This leg usually retraces a portion of the AB leg, often to a Fibonacci retracement level such as 38.2%, 50%, or 61.8%.
3. **CD Leg**: The final leg of the pattern, from point C to point D. This leg mirrors the AB leg both in terms of price and time. In other words, the distance from point B to point C should be equal to the distance from point C to point D. The CD leg typically follows the same slope as the AB leg.
When the AB=CD pattern forms, traders interpret it as a potential reversal signal. In a bullish AB=CD pattern, they anticipate the price to reverse higher after completing the CD leg. However, it's important to confirm the pattern with other technical indicators or price action signals before making trading decisions. Like any trading strategy, it's not without its limitations and should be used in conjunction with risk management techniques.
Euraud sellThis pair will continue its bearish trend , below 50ema after a pullback, the direction of the market still bearish...Banked 211 pips past week and now we will an extension. Happy trading guys, risk management....
SELL EURAUD - Trade explained in detailTrader Tom, an investing.com technical analyst with over 15 years experience, explains his trade idea using price action and a top down approach. This is one of many trades so if you would like to see more then please follow us and hit the boost button.
Double zigzag pattern bearish scenarioEsteemed analysts and traders,
I hope this correspondence finds you in good health and high spirits, prepared to tackle the upcoming week with renewed energy. I extend my best wishes for your continued success in all your business endeavors. It is worth noting that success in trading is largely dependent on the consistent definition and adherence to one's own rules.
As a supporter of the Elliott Wave Principle, I consider this methodology an invaluable tool for market analysis. After three years of personal experience, I have developed my approach by combining this principle with meticulous consideration of different market scenarios. I strive to avoid market surprises by maintaining a range of market prospects, which enables me to recognize the market structure forming with 100% accuracy.
I am pleased to share my analysis with you, with the caveat that I do not provide buy or sell signals. My perspective on idea analysis is entirely impartial, and if my analysis meets your standards, it may serve as a guide to making an informed decision.
For your reference and comparison, I have attached my previous analysis of the same market. All the details of my analysis are clearly labeled for ease of comprehension. Nonetheless, familiarity with the Elliott Wave Principle theory would facilitate an understanding of the analytical idea.
My study of the Elliott Wave Principle took nearly three years, during which my understanding and experience with this invaluable tool have grown. My progress thus far is a testament to the legacy of Ralph Nelson Eliot, whose genius has provided the foundation for my achievements. May he rest in peace.
I express my gratitude for your continued support and kindness, and welcome your comments and critiques.
May my analysis be a valuable asset to your business journey, and I remain sincerely yours,
Mr. Nobody
EURAUD - In Downtrend with AB = CD PATTERNEURAUD chart in 4h time frame is in downtrend and there is no divergence observed. Therefore market can go more down.
Hence I'm using AB = CD Harmonic Pattern to take short entry with Sell Stop Order on the breakdown of "B" point Level with stoploss above at "C" Point which is last Lower High level.
EURAUD short movePrice is currently rising towards our resistance level and if there should be any bearish reaction at that level, we hope to see price drive downward towards our target level.
EURAUD - Sell StopEURAUD - Sell Stop
- Bearish trend
- Take Entry if price reaches B of AB-CD pattern
EURAUD SHORT ICTPrice retrace back into H4 Bearish OB.
Price taking out internal liquidity in the FVG area and reject towards bearish direction.
Price created a MSS with BOS tgt to form a strong lower low candle. This has also formed a FVG settling a new Bearish OB.
Set short trade in the LTF bearish OB targeting H4 Swing Low.
R:R 1:5
