EURAUD What do u guys think?there was a big move up and i feel it will fall back and consolidate for a while.....but im hoping to buy after that....what do yall think?
Eur-aud
Exhausted, Overextended & Double Topped: Oh My! EURAUD made a ludicrous 1000 pip run from the 1.61 level and handly pulled back. Price finally gave sellers a hand in the markets at the 1.71xx handle and is now making a double top offering a second chance to enter.
There is an abundance of unsettled bank liquidity below that needs to get clapped.
Targets: 1.676, 1.658, 1.645, 1.63178
EURAUDTF: 4 hr
Looking for sells and potential wicking candles around the blue zone. Double top with rejection, bearish divergence on the RSI, and stochastic indicating overbought conditions make this a great short opportunity.
Red dashed lines are Fibonacci clusters pulled from the previous impulse at 1.6120 area, look for some reaction around these lines.
SHORT EURAUD - Price Decline Risk 06/03/2020I expect the start decline of EURAUD in wave 1 or A.
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Thanks.
EURAUD with a crazy good RR and high probability of a drop!On the 4H we have a cross over of the DC and EMA which indicates bearish momentum, this the 1H has a beautiful bearish continuation pattern.
More details in video soon!
Don't miss the great sell opportunity in EURAUDTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.6950). 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 downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 66.
Take Profits:
TP1= @ 1.6615
TP2= @ 1.6400
TP3= @ 1.6085
SL: Break Above R2
Don't miss the great sell opportunity in EURAUDTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.6950). 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 downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 66.
Take Profits:
TP1= @ 1.6615
TP2= @ 1.6400
TP3= @ 1.6085
SL: Break Above R2
EURAUD WEEKLY VIEW Please use my price labels as reference points.
For further details on this trade or any help please message me, and happy trading! :)
EURAUD ShortBearish RSI Divergence here. EURUSD is overbought and AUDUSD is oversold. This is primed for a short.
EURAUD price just entered our bearish zone! This is a full breakdown of my perception of Price action on higher time frames! I take my entries using smaller time frame confirmation and you should too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Good Luck!!!!!!!!!!!
EURAUD SHORT TRADEEURAUD rebounded from supply zone at level 1.6448
False breakout occurred and confirmed by bearish engulfing candlestick
MACD shows bearish momentum
RSI is in downtrend
It's expected for coming correction to target first key level at 1.6228
then target demand zone at level 1.6094
EUR AUD SELL (EURO - AUSTRALIAN DOLLAR)Hi there. Price is forming a reversal pattern to change its formation. Watch strong price action at the current price for sell.
EURAUD: Be Prepared To Sell!!!
EURAUD has reached a strong structure resistance .
based on the rejection and rsi divergence the chances that the pair will drop are quite high.
I am waiting for a bearish breakout of minor support on 1H as a trigger to short the pair.
Initial target - 1.63
Second target - 1.622
don't forget to like the idea! thank you :)
EURAUD - Long opportunityPAIR IN FOCUS: EURAUD
PLAN: LONG
ENTRY: 1.61530
STOP LOSS: 1.60840
TP 1: 1.62070 (+ 54 PIPS)
TP 2: 1.62620 (+111 PIPS)
TP 3: 1.63160 (+ 163 PIPS)
REMEMBER TO MANAGE YOUR RISK!
EURAUDThese trading ideas are only satisfied on valid price action. These are merely my opinoions and are not intended for your personal trading decisions or any form of signals. Trade safely ...Good luck this week
EURAUD: SHORT and SWING entryAs we see in the graphic, EURAUD has done a fake out in the simetric triangle, after of this we can spect a first fall to the monthly KL, an a acumulation in the same monthly, after of this, the fall will be as least as big as I marked in the graphic, so i will wait until monday to go in, if the confirma<tion (another retest in 61%) is done, enter to the value! i will refresh this value in monday so FOLLOW ME FOR MORE ANALYSIS and PEACE AND PIPS!
EURAUD - FOREX - 21. FEB. 2020Welcome to our weekly trade setup ( EURAUD )!
-
1 HOUR
Very bullish price action towards previous resistance
4 HOUR
Waving formation at its top, we need a drop now.
DAILY
Short holders taken out before droping further down.
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FOREX SETUP
SELL EURAUD
ENTRY LEVEL @ 1.63460
SL @ 1.64560
TP @ 1.61260
RR: 2.0
Use 0.5% risk!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
