Is This Week In Favor Of The Bulls? Depends On The WeeklyThis did not beat the last lower high, so waiting to see if what will happen when price decides to make a return trip to the weekly 1.66128 zone.
Just going to play this out zone to zone for now and see if this is a continued bearish trend or not.
BULL TPS:
• 1.67637
• 1.68857
• 1.70101
BEAR TPS:
• 1.66260
• 1.64795
• 1.63299
Eur-aud
EURAUD| BUY TRADE📈| MOMENTUM TRADE🌟Hypothetical scenario:
(1) Entry @ 1.66665(Buy LMT)
(2) Stop Loss @ 1.65540 | 111 pips
(3) Target @ 1.68925 | 226 pips
(4) R:R = 1:2.03
Stay tuned for the updates.
Follow and leave a like if you liked this idea and want to see more!
*DISCLAIMER*
This post is solely for educational purposes and does not constitute any form of investment / trading advice.
EURAUD - SWING - 29. MAY. 2020Welcome to our weekly trade setup ( GBPUSD )!
-
1 HOUR
Very bullish price action above main sr level.
4 HOUR
Strong waving market took out previous lows and skyrocketed instantly!
DAILY
Overall ranging market at its lows, we might see another push to the upside!
-
FOREX SWING
BUY EURAUD
ENTRY LEVEL @ 1.67080
SL @ 1.66280
TP @ 1.68390
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
Don't miss the great buy opportunity in EURAUDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.6585). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURAUD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 59.
Take Profits:
TP1= @ 1.6883
TP2= @ 1.7195
TP3= @ 1.7737
SL= Break below S2
Don't miss the great buy opportunity in EURAUDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.6585). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURAUD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 59.
Take Profits:
TP1= @ 1.6883
TP2= @ 1.7195
TP3= @ 1.7737
SL= Break below S2
EURAUD - SWING - 18. MAY. 2020Welcome to our weekly trade setup ( EURAUD )!
-
1 HOUR
Bearish market open and price action.
4 HOUR
Strong waving market structure with break below sr level.
DAILY
Expecting another push to the downside.
-
FOREX SWING
SELL EURAUD
ENTRY LEVEL @ 1.67490
SL @ 1.68720
TP @ 1.65740
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
Don't miss the great buy opportunity in EURAUDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.664). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURAUD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 48.
Take Profits:
TP1= @ 1.6876
TP2= @ 1.7010
TP3= @ 1.7315
SL= Break below S2
Don't miss the great buy opportunity in EURAUDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.664). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURAUD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 48.
Take Profits:
TP1= @ 1.6876
TP2= @ 1.7010
TP3= @ 1.7315
SL= Break below S2
EUR AUD 2 POSSIBLE SCENARIOSHi there. There are 2 possible scenarios on EURAUD.
The first one is wait for the price to reach the SMMA. If price moves correctively, wait and watch strong price action for sell.
The second scenario is possible if price starts to move impulsively to the upside. If that happens wait for the price to form a continuation pattern and watch strong price action for buy.
EURAUD - SWING - 07. MAY. 2020Welcome to our weekly trade setup ( EURAUD )!
-
1 HOUR
We broke below main resistance level..
4 HOUR
Pullback towards our blue leve, expecting a break to the downside now!
DAILY
Overall bearish waving market structure, looking for another bearish wave.
-
FOREX SWING
SELL EURAUD
ENTRY LEVEL @ 1.69050
SL @ 1.71080
TP @ 1.66090
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
EUR/AUD LONGEUR/AUD ANALYSIS
5/6/20
Oh boy, this is my favorite pair.
I have linked all my past ideas about this pair below to check out for yourself.
This pair does not let me down, it's like we work universally together
Currently in a correction,
looking to take this to the upside
Do NOT trade before taking confirmation.
Stay Patient!
Reminder: Drawing is only an idea of how the price will move, it's NOT 100% perfection due to market nature
PM for VIP signals group