Liquidity $$$ zoneMarket has reached buy liquidity were once market taps the zone is goes bullish so we enter buy on the liquidity zone
EURAUD trade ideas
EURAUD ANALYSIS 1.0
🚀 Trade Alert: EURAUD Bullish ABCD Pattern & Falling Wedge Reversal 🚀
We have identified a bullish setup in EURAUD, characterized by the following:
Bullish ABCD Pattern: Confirming a potential upward movement.
Falling Wedge Reversal Pattern: Indicating a trend reversal.
Bullish Divergence: Supporting the bullish outlook.
PRZ Zone: The pair is currently at the Potential Reversal Zone.
Entry Point:
Buy Stop: At the recent high
Target Prices (TP):
TP 1:
TP 2:
Stop Loss (SL):
SL: At the recent low to manage risk
Trade Summary:
Buy Stop: At recent high
TP 1:
TP 2:
SL: Recent low
Trade Type: Long Swing 🎢
Good Luck! 🍀
Stay informed and trade smart! 📊
EURAUD Possible Short Position BBMA ReEntry Zone Zero Loss4H - Re-Entry
1H - 50 EMA Rejection + Bollinger Band
Rejection
15m - Entry in MAHILO
Note:
* Cancel trade or cut-loss when candle close Above MAHI (2 Green Color Lines) in 4H
* 1:3 RRR
* TAYOR
A combination of multiple moving averages and Bollinger Bands is the BBMA OMA Ally strategy. It provides an extensive and reliable examination of market trends and patterns by utilizing the strength of both indicators. It is a multi-time frame analysis
EUR/AUD We have good opportunity for open long trade on this pair.I mentioned two price on the chart that shows us for opening long trade.
Trade Signal: EURAUD - SELLEnter Price: 1.60399
Take Profit: 1.60226333
Stop Loss: 1.60687333
Strategic analysis indicates a SELL opportunity for the EURAUD currency pair. This forecast is derived using the EASY Quantum Ai strategy, which leverages advanced algorithms and real-time data evaluation.
Key factors influencing this prediction include:
1. Trend Analysis: Current trend indicators show bearish signals, particularly in the short-term and mid-term brackets.
2. Technical Indicators: Momentum oscillators and moving averages converge on a sell signal, backing the ongoing downtrend.
3. Macro Economic Indicators: Recent economic data reports from the Eurozone and Australia suggest relative strength in the AUD, further pressuring the EURAUD downwards.
4. Market Sentiment: Analysis of market sentiment shows a higher volume of sell orders for this pair.
Based on these factors, the EASY Quantum Ai strategy projects an ideal entry at 1.60399. Target profit is set to 1.60226333, with a stop-loss placed at 1.60687333 to manage any potential market reversals.
Keep trading responsibly and monitor market conditions closely.
EURAUD one more up1.605 seems to be a nice spot to get into buys. took liquidity and complete the structire down. Need a push up and them it may drop to mitigate weekly OB
EURAUD SHORTI will always take an entry in the same level even if last trade was an L as long as I have an edge
Market structure bearish DH
entry at weekly and daily AOi
Weekly rejection from AOi
Daily Rejection at AOi
Strong Buyer's rejection on the daily candles
Around Psychological Level 1.61000
H4 Candlestick rejection
H4 EMA retest
Levels 4.74
Entry 80%
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: Manage Your Risk
: Be Patient
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If Price breaks H4 Structure, Order to be cancelled
EUR/AUD Potential buyHi...
Htf ascending chanel
Ltf ascending chanel
Ltf Head n Shoulder
When we See a clear Break out from the current structure we can expected more bullish movement
How to Plot Head & Shoulders Pattern on TradingViewWelcome back, Traders!
We’re excited to have you here on TradingView where we share valuable trading insights and educational posts to help you succeed in the markets. Today, we’re diving into one of the most reliable chart patterns in technical analysis: the Head and Shoulders pattern. Understanding and identifying this pattern can significantly improve your trading strategy, whether you’re dealing with forex, stocks, or commodities.
What is the Head and Shoulders Pattern?
The Head and Shoulders pattern is a bearish reversal pattern that indicates a potential end to an uptrend and the beginning of a downtrend. It consists of three peaks:
Left Shoulder: The first peak followed by a decline.
Head: The highest peak followed by a decline.
Right Shoulder: A peak similar in height to the left shoulder, followed by a decline.
The neckline is the support line that connects the lows after the left shoulder and the head.
How to Trade the Head and Shoulders Pattern:
Identify the Pattern: Look for the three distinct peaks with the head being the highest.
Draw the Neckline: Connect the lows after the left shoulder and the head to form the neckline.
Entry Point: Enter a short position when the price breaks below the neckline.
Target: Measure the distance from the head to the neckline and subtract this distance from the breakout point to set your target.
Stop Loss: Place a stop loss above the right shoulder to manage your risk.
Inverse Head and Shoulders Pattern
Conversely, the Inverse Head and Shoulders is a bullish reversal pattern signaling the end of a downtrend and the start of an uptrend. It consists of three troughs:
Left Shoulder: The first trough followed by a rise.
Head: The lowest trough followed by a rise.
Right Shoulder: A trough similar in depth to the left shoulder, followed by a rise.
The neckline is the resistance line connecting the highs after the left shoulder and the head.
How to Trade the Inverse Head and Shoulders Pattern:
Identify the Pattern: Look for the three distinct troughs with the head being the lowest.
Draw the Neckline: Connect the highs after the left shoulder and the head to form the neckline.
Entry Point: Enter a long position when the price breaks above the neckline.
Target: Measure the distance from the head to the neckline and add this distance to the breakout point to set your target.
Stop Loss: Place a stop loss below the right shoulder to manage your risk.
Follow us on TradingView for more helpful ideas and educational posts!
Stay tuned as we continue to share insights that will help you on your trading journey. Happy trading! - BK Trading Academy
EURAUD buyWe are hoping for a sniper entry on EU. This was yesterdays analysis btw. Also i haven't analyzed this pair for quite sometime but i decided to add it back to pack after firing GPYJPY. Let's see how this plays out.
euraud can move up ?hi every body today Im gonna have a trade on euraud
as my analysis its on a important supply zone am d can break previous trendline
EURAUD JULY 2024 WEEKLY OUTLOOK -
Daily- Looks good for shorts. betting on AUD strength seems like the way to.
Origin - A small pull into VA (highlighted area) and then we drop to 15M and look for our regular entry to the short side.
Euraud broke its rising trend.Euraud broke its rising trend. and tested this trend, which it broke. In this case, I opened a sell position because I expected a downward movement.
EURAUD: Bullish Forecast & Outlook
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current EURAUD chart which, if analyzed properly, clearly points in the upward direction.
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EURAUD BUlls are down to play this gameit's time to make make the big moves, confluences that support this analysis
1. a clear liquidity pool in the form of relatively equal high
2. a clear formation of reverse head and shoulder
3. a clear market structure shift on the 15 minutes
4. a clear low for stop loss placement
5. a retracement to 0.702 fib retracement level
6. an overlap of the fib point with a bullish order block
EURAUD - Short from trendline !!Hello traders!
‼️ This is my perspective on EURAUD.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for short position. I wait price to continue the retracement and then to reject from trendline + FIBO 0.618 level + institutiomal big figure 1.61000.
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EURAUD BEARISHEURAUD IN H4 bearish trend
now euraud play suppport and resistence we wait at resistence level to sell
because it is in good trend and fail to break the last lower high
EURAUD Bulls are making their sinister movesthese are the confluences that support a bullish bias
1. Divergence between the EURAUD and EURNZD on the Daily Timeframe
2. change is state of price delivery on the 4hr
3. liquidity pool at the buy side as raid on internal range
4. a clear bullish dealing range
5. overlap of volume imbalance and fib retracement at 0.702
EURAUD ascending triangle patternThe formation of the ascending triangle pattern, along with the current price being at the lower trendline, and the stochastic divergence, as well as the price action indicating losing momentum marked by a doji candle, increases our optimism to go long.
The formation of 2 higher lows indicates a potential trend reversal. In the next 3 candles, we should see confirmation.
SL: 1.60411 (30 pips)
TP: 1.61611 (+3)
Potential buys on EURAUDThe trade is basically based on liquidity purge, Break of structure, inducement and retest/reclaim of Order block
Potential buys on EURAUDThe trade idea is basically based on liquidity purge, Break of structure, inducement and retest/reclaim of Order block.
EURAUD- BREAKOUT OF SYMM.TRIANGLE. DOWNTREND CONTINUATION PLAY?Price has been in a downward play on the breakout of the symmetrical triangle pattern. Price looks like could retest RESISTANCE level before heading south. Watching pair closely as I look forward to SHORT scalping pair during intraday sessions till price eventually arrives at next SUPPORT level of 1.5900 - 1.5868.
Sentiment data shows a mixed reaction on EURAUD.
EURAUD Is Very Bearish! Short!
Please, check our technical outlook for EURAUD.
Time Frame: 4h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 1.611.
Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 1.606 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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