EURAUD
EURAUD:🔴Sell opportunity🔴
As you can see the price left the clean equal lows that can be defined as a target.
Well, the price grabbed the liquidity above the previous day's high and changed the market structure, so in that case we can expect a more bearish move to sell-side liquidity.
Please pay attention: We need LTF confirmation to execute the sell position.
💡Wait for the update!
🗓️11/03/2024
🔎 DYOR
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EURAUD - Buy The Breakout! ✅EURAUD is currently within a channel. It's appearing as a 535 zigzag and we're anticipating a breakout soon.
Safe entry will be break of the red trendline. Risk entry will be bounce off channel or a lower timeframe trendline breakout.
We'll be targeting the fib levels but it could fall short or go past the fib so we'll be taking a cautionary approach to our targets.
Trade idea:
- Entry on red trendline break (safe entry)
- Risk entry on bounce off channel or lower timeframe trendline break
- Target: 1.67 (600pips), 1.685 (750pips)
Be sure to taper positions as we move higher.
Goodluck and as always, trade safe!
See our previous setup below:
EURAUD - Big Moves Pending... ✅EURAUD is setting up really nicely for a big 650pip move to complete subwave c of Wave B. We are currently in what appears to be a Flat correction = 335 breakdown.
Trade idea:
- Watch for price to come into the buy zone
- look for reversal signs and put your confirmations in such as BOS or trendline break
- enter once confirmed
- Targets: 1.68 (450pips), 1.7 (650pips)
Once we complete Wave B of the flat correction, we will be looking for a reversal and catch wave C, which will be another 900pip trade!
Goodluck and as always, trade safe!
See our previous setups below:
EURAUD OUTLOOK & TRADE IDEA | 4HRisky buys, although there was already a lot of liquidity and orders taken there might be some imbalance left. (minor imbalance - left bottom corner). There was no major POI to be mitigated under the imbalance. The safer option is buying in the 4H DBR.
What do you think?
LQP = Liquidity Pool
DBR = Drop Base Rally Demand Zone
EURAUD Buyers In Panic! SELL!
My dear subscribers,
My technical analysis for EURAUD is below:
The price is coiling around a solid key level - 1.6712
Bias - Bearish
Technical Indicators: Pivot Points Low Highanticipates a potential price reversal.
Super trend shows a clear sell , giving a perfect indicators' convergence.
Goal - 1.6633
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 I Intraday long opportunity from support zoneWelcome 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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EURAUD Bullish Idea 05/03/2024Looking for some bullish continuation on the pair after a break of the previous high.
Looking at a possible target of 1.68360 and incase we see another bullish run will be targeting 1.6985
Buyers need to maintain price action above 1.6585 any break below could signal some more bearish moves
✅EUR_AUD LONG TRADE UPDATE🚀
✅EUR_AUD is already making
A bullish rebound from the
Broken resistance which is
Now a falling support, just as
I predicted in my previous
Analysis which reinforces our
Bullish bias and makes us
Expect a further move up
LONG🚀
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Euraud likely more upside coming?Hello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Do check out my stream video for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
Believe that this is a lower timeframe bullback for more upside. Let's see.
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Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
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EUR-AUD Long From Falling Support! Buy!
Hello,Traders!
EUR-AUD broke the falling
Resistance line ad went
Up in strong bullish move
So we are now bullish biased
And as the pair is now making
A local bearish correction
We will be wating for the
Retest of the broken falling
Resistance which is now a support
From where we will be expecting
A further move up
Buy!
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Check out other forecasts below too!
EURAUD can melt downThe EUR/AUD currency pair has recently exhibited a classic head and shoulders pattern, signaling a potential reversal in its trend. With the neckline breached, this suggests a confirmation of the pattern. Traders may anticipate further downside movement as this pattern often indicates a shift in momentum from bullish to bearish. Monitoring price action and key support levels could provide insights into the extent of the potential decline in the pair's value.
EURAUD - Bullish price action ✅Hello traders!
‼️ This is my perspective on EURAUD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for a long. I expect bullish price action from here as price almost filled the imbalance and now we could see a rejection from support zone + FIBO 0.618 level.
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Sell EURAUD Channel BreakoutThe EUR/AUD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined bearish channel pattern. This suggests a shift in momentum towards the downside and a higher likelihood of further declines in the coming minutes or hours.
Key Points:
Sell Entry: Consider entering a short position around the current price of 1.6620, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels: Initial bearish targets lie at the previous support levels within the channel, now acting as potential resistance zones: 1.6525 and 1.6479. Further downside targets could be determined using other technical analysis methods like Fibonacci retracements or extensions.
Stop-Loss: To manage risk, place a stop-loss order above the broken support line of the channel, ideally around 1.6660. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Thank you.
Eur/ Aud SellEA has been shooting up for a while and has tapped and induced into supply taking out the equal highs and early sellers and now broken structure to the downside both on the 5, 15mins & 30mins.
Upon seeing a decent retracement back up I entered sells @1.66900 with stop loss @1.6705 (risking 15pips).
TP1: 1.66500 TP2: 1.6605 TP3:1.6585 TP4:1.65600
* Where has the market moved since I entered my trade? Slight profits
* If I looked at the market now, would I take the same trade? Yes
* How do I feel about my trade? Optimistic
* What do I like about this trade ? precise entry & multiple confirms & confluences
* What do I dis-like about this trade now? nothing
* On a scale of 1 to 10, where would I rate this Trade now? 7/10
* If I were not in a trade now, would I take the opposite trade ?no