EURAUD LongThe EURAUD appears to form a Cup and Handle pattern, suggesting a bullish trend ahead. Traders may anticipate a breakout above the current resistance level as confirmation of this potential upward movement.
AUDEUR trade ideas
Lingrid | EURAUD opportunity to SHORT from the KEY LevelThe price perfectly fulfills my last idea. The market fell from the resistance zone and hit the target level. FX:EURAUD fell from the range zone and pulled back to it. The price updated its lower lows and closed below the key level at 1.65000. The market rejected this resistance zone multiple times before, as you can see. I expect it to fall from the resistance level if the price makes a fake breakout of the resistance zone and upward trendline area. My goal is the previous support level at 1.63800
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Buy EURAUD Channel Breakout The EUR/AUD pair on the M30 timeframe presents a potential buying opportunity due to a recent upward breakout from a well-defined bullish channel pattern. This breakout suggests a shift in momentum towards the upside and a higher likelihood of further gains in the coming hours.
Key Points:
Buy Entry: Consider entering a long position (buying) above the broken resistance level of the channel, ideally around 1.6300 after confirmation of the breakout. This offers an entry point close to the perceived shift in momentum.
Target Levels: Initial bullish targets lie at the previous resistance levels within the channel, now acting as potential support zones:
1.6402: This represents the first level of resistance within the channel.
1.6456: This is a further extension of the upside target, based on the height of the recent price movement before the breakout.
Stop-Loss: To manage risk, place a stop-loss order below the broken resistance line of the channel, ideally around 1.6290. This helps limit potential losses if the price unexpectedly reverses and breaks back downwards.
Thank you
EUR/AUD: Potential Growth Above 1M PPHello Everyone,
The EUR/AUD appears to be ascending, and should it successfully surpass the monthly pivot point (1M PP) and solidify its position above it, growth momentum is likely to initiate from this point. Conversely, if the 1M PP serves as resistance, further testing of support levels can be anticipated.
TradeWithTheTrend3344
EURAUD - Bullish TradeThis chart shows EURAUD making cup and handle chart pattern indicating bullish trend.
Potential buy setup of EURAUDEURAUD price can come down to fill the FVG and move upto the level of yesterday's high.
Lets wait and see the price action.
EURAUDlooking at EURAUD from weeky and daily chart you can clearly see that the over all trend is bullish and daily demand zone in play
EURAUD 1H Short Trade - 1:3 RRRTP: 1.62317
SL: 1.64671
In this trading strategy, we present a compelling opportunity for a long position on the EURAUD currency pair, focusing on the 1-hour timeframe. By incorporating key technical indicators such as the Exponential Moving Average (EMA) 200, Moving Average Convergence Divergence (MACD) for trend analysis, and Supertrend for entry signals, traders can aim to achieve a favorable risk-to-reward ratio of 1:3.
Indicators:
EMA200: The EMA200 serves as a critical indicator of the long-term trend direction.
MACD Trend: The MACD indicator helps traders assess the strength and direction of the trend.
Supertrend: The Supertrend indicator acts as a reliable tool for identifying entry points in alignment with the prevailing trend.
EURAUD I Scalp & Intraday Short from resistance zone 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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order 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.
EURAUD POTENTIAL LIQUIDITY SWEEP ANALYSISI shared my view on #EURAUD based on the possible liquidity sweep spotted at the demand zone. Your opinions are welcome in the comment section.
shortWe came to the resistance zone that is in line with the fib lvl.
We should see a nice move down to continue the downtrend.
EURAUD - Symmetrical Triangle Pattern - 30/04/2024EURAUD has been trading in a strong Bearish Trend. A Symmetrical Triangle Pattern has been observed on the 1 hour timeframe, which further confirms the continuation of the downward trend.
If price breaks through the 1.62855 level, a short position should be triggered as follows:
Trade Call: Short
Entry: 1.62855
SL: 1.63837
TP1: 1.61870
TP2: 1.60890
Trading offer for #euraudFor today until the end of the week, the price is expected to move towards the green range.
