A Sell-Short Setup EUR AUD
This is currently retracing on Fib levels.
Price recently broke a very key trend line.
It is also a Head N Shoulders pattern on 60m.
Idea for educational purposes is to Short 1.6458 - 1.6468
Stop Loss: 165.05
EURAUD trade ideas
EURAUD Massive Long! BUY!
My dear friends,
EURAUD looks like it will make a good move, and here are the details:
The market is trading on 1.6445 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear Bullish signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 1.6507
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
EURAUD - SELL SIGNALHello trades, I want to share with you my opinion about EURAUD
Looking at the chart we can see breakout from Uptrend and onces the Market cross that support then I will sell.
Guys, what do you think? Leave comment with your thoughts.
EURAUD are risky sell We see price is currently testing resistance level 1.6650
we look to take profits at 1.646 as the first TP , next one is 1.629, near 300 pips in total
EURAUDWelcome back! Let me know your thoughts in the comments!
** EURAUD Analysis - Listen to video!
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EURAUD LONGICMARKETS:EURAUD
M
Bullish was bearish beginning of 2024
but recently has recorrected into HH,HL
EMA Support, strong retest of M Supp
and rejected expect level to hold
W
Bullish W HL, EMA's acting as support along
with M Supp level.
Monthly support level was breached by 20pips to 1.6450
D
Bullish, price bounced of 0.50 Fib area
with a bullish engulfing candle. this retracement was a retest of Monthly Supp which price broke below 2-3 weeks back, although this area should have become a resistance it did not hold with price breaking above and giving us the current 0.50 Fib/ Monthly key level retest which is currently in play. From here I expect price to hold above this area and EMA's with a move for a HH to play out at Previous M Res @ 1.6700
Setup: 4hr can either wait for a further retest of lows or slight pull back and place buy stop as shown (however there has been a very strong retest already)
EURAUD is the best long trade this week. EURAUD has been In a strong bullish momentum for the most of 2024, after the strong bullback a wave of bullish momentum is followed by consolidation and a I expect a strong bullish move this week.
Good luck.
#EURAUD 1DAYEUR/AUD 1-Day Chart: Sell Opportunity
Sell Level: 1.66200
Target Levels: 1.64800, 1.63800, 1.63000, 1.61500
Description:
We are observing a potential sell opportunity in the EUR/AUD currency pair based on the daily chart. The pair is currently trading around the sell level of 1.66200. Here’s a breakdown of the trade setup:
Entry Point:
Sell Level: 1.66200
Consider initiating a sell position if the price reaches or slightly exceeds this level. This is where the market shows signs of resistance and a potential reversal.
Target Levels:
1.64800: The first support level where the price might encounter some buying interest.
1.63800: A deeper support zone where the downtrend could potentially accelerate.
1.63000: A key psychological level that may offer significant resistance or a bounce.
1.61500: The final target, which represents a substantial retracement and a critical support zone for the pair.
Trade Rationale:
Technical Indicators: A bearish signal is suggested by recent price action, technical patterns, or indicators that show overbought conditions at the current levels.
- **Market Sentiment:** Look for any recent news or economic data that could support a downward movement in EUR/AUD.
Risk Management:
- Ensure to set appropriate stop-loss orders to manage risk in case the market moves against your position. A stop-loss above the sell level or a specified percentage away from the entry point could help mitigate potential losses.
Note: Always consider conducting your own analysis or consult with a financial advisor before making trading decisions. Market conditions can change rapidly, and it's crucial to stay informed about economic events that may impact currency movements.
EURAUD - Bullish Case of Break out and Divergence on MACDEURAUD is testing a very critical support area from where it bounced multiple times in the past. We see that the price has broken past the falling trendline and formed bullish divergence on MACD as well. Seems like we are read for bullish wave from support area.
EURAUD Trading Opportunity! SELL!
My dear subscribers,
My technical analysis for EURAUD is below:
The price is coiling around a solid key level - 1.6584
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 1.6472
My Stop Loss - 1.6650
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
EURAUD VS GBPAUDWaiting for more context to decide which setup has highest probability. Will trade the lagging pair into the zone.
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Esperando tener mas contexto para elegir cual par comprare. El que llegue de ultimo comprare.
EURAUD LONGMarket structure Bullish on HTFs 30
Entry at Daily and Weekly AOI
Weekly Rejection at AOi
Strong Bullish engulfing candle on Weekly
Daily Rejection at AOi
Around Psychological Level 1.65000
Touching EMA
H4 Candlestick rejection
Rejection from Previous structure
Levels 5.98
Entry 100%
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Christ is King
EUR/AUD Bank Bearish Robbery Plan on Short sideHola ola My Dear,
Robbers / Money Makers & Losers,
This is our master plan to Heist EUR/AUD Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal / Trap at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Sell Limit Orders in 15mins Timeframe Recent / Nearest Swing High
Stop Loss : Recent Swing High using 30m timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style
EURAUD BUY signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade..
EURAUD - "Bearish Reversal Confirmed"EURAUD has shifted to a bearish trend following a pause in its previous bullish momentum. The emergence of a Head and Shoulders reversal pattern, accompanied by a neckline retest and the formation of a bearish flag, signals a potential continuation of the downward movement. The break of the flagpole and the development of an AB=CD pattern further support a sell-side strategy.
EURAUD BUYGood afternoon traders!! I hope you all are having a great trading week so far. This is my analysis on EURAUD!!
Let me know what you guys think so far!!
Overlap support ahead?EUR/AUD is falling towards the pivot which acts as an overlap support and could bounce to the 1st resistance.
Pivot: 1.64591
1st Support: 1.63587
1st Resistance: 1.66207
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
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EURAUDFrom daily timeframe price has broke the swing high, which indicate that the structure is now bullish and from the recent high to low of the daily timeframe we FVG that allies wiithin the discount area. Looking for sell from the discount zone.
EURAUD after breakIf we validly break the 1.66052 level on the EUR/AUD in the 4-hour time frame, we will likely reach the 1.6830 level, from where we can consider initiating a sell position.
EURAUD Is Bullish! Buy!
Take a look at our analysis for EURAUD.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 1.655.
The above observations make me that the market will inevitably achieve 1.662 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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EURAUD: Classic Bullish PatternAfter a breakout of a resistance line of a bullish flag pattern on a 4-hour chart, EURAUD is now undergoing a retest.
There is a strong alignment between a horizontal support level and an upward trend line, indicating a potential bullish movement in the near future.
It is likely that the pair will continue to rise, with a target set at 1.6581.
EURAUD: Intraday Bullish Confirmation?! 🇪🇺 🇦🇺
Update for EURAUD.
Earlier, we spotted a confirmed Change of Character on a daily
and a violation of a significant resistance.
Today, we see a retest of a broken structure.
The price formed a bullish flag pattern on a 4H time frame
and broke its resistance line.
We can expect growth now.
Next goal - 1.662
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