EURAUD | COULD BE A GOOD BUY Hey Traders!
EURAUD could be a good buy, it broke out daily triangle pattern, and has not yet finished reaching the previous inverse head and shoulders take profit level.
I believe this + the overall market direction of moving averages will take this trade further to the upside.
As always first take profit should be around 20-30 pips then manage according to the current market sensitiment.
EURAUD
EURAUD AT SUPPLY..... WHAT'S NEXT?If we understand the concept of supply and demand, then making trading decisions won't be so hard for us. trading is simple plus and minus. all you need is to identify a good supply{resistance} and then plan a sell trade from it. and or identify a good demand{support} and plan a buy trade from there.
Supply and Demand are no different from support and resistance, they are simply an area and not a line.... they are the zones that makes things happen. price moves impulsively to the opposite direction once it approaches these areas.
so with that in mind, I am looking to short EURAUD. as price just retested a supply zone and rejected for a second time. creating a double top like structure. Meanwhile, price had just broken out from a recent uptrend here in this 4hr chart. closing below a recent low... now I expect a pullback to the 1.67800 price area for a nice entry and a tighter stop loss.
it may or may not pullback that much, but it is only right that it does. GOODLUCK GUYS!!!
EURAUD: Expecting a bounce down from channel boundaryExpecting strength from the Aussie this week, even though the RBA hiked, I think the Aussie was negatively affected by the fall in commodities rates in the past week.
I see no strength in the Euro and I think Friday's candle suggests that this pair may not break back into my ascending channel, this could form a double top too.
Tuesday EUR GDP data - could be indicating recession...
Expecting a fall.
EURAUD I PACS strategy and your next long opportunityWelcome back! Let me know your thoughts in the comments!
** EURAUD Analysis - Listen to video!
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EURAUD - Look for a long ✅Hello traders!
‼️ This is my perspective on EURAUD.
Technical analysis: Here I have 2 points of interest for a long position, I want price to make a retracement to fill the imbalance and then to reject from bullish order block around 1.67000 or a rejection from lower order block around 1.66000.
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EURAUD I Potential short from top of the channelWelcome back! Let me know your thoughts in the comments!
** EURAUD Analysis - Listen to video!
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Interesting Area To Sell EUR/AUD To Get Easy 200 Pips !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
#EURAUD to the downside--------------EURAUD SHORT--------------
Now I went short on EURAUD currency pair. Current market structure fully supports this idea. RBA raised interest rates yesterday and still AUD weakened. I think this was a false movement before the real one which is a downside move. Besides of that stock indices skyrocket like there is no tomorrow.
This is not a financial advice, do your own research and analysis.
EURAUD I Potentially headed upwardWelcome 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 I Ready to make some profit with me?🔥 Let's go!Welcome 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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EURAUDEURAUD is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now retesting the broken level, which is also the 50% Fib retracement level.
If the sell momentum continues the next target could be 1.6500 followed by 1.600 region.
What you guys think of this idea?
EURAUD 250+ Pips Short SetupHello traders it seems like EURAUD is changing directions from bullish to bearish.
here are your bearish clues :
The Price Failed to Create a higher high and instead forming a lower high. (CHoCH)
The Price broke a Major bullish trendline on weekly TF with a massive red candle.
the confirmation will be the breakout of the greenzone (support) thenwe will be able to see a nice 250+ pip move towards the downside.
EURAUD: Bearish Setup & Forecast 🇪🇺 🇦🇺
EURAUD formed a tiny cup and handle pattern, after a test of a strong
intraday horizontal resistance.
Because the global sentiment is bearish,
probabilities will be high, that the price will keep falling.
Goals: 1.6486 / 1.6465
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EurAud more downside to come But...But do take note of the key support area now, bias is still on short side.
Likewise I am also bearish on GbpAud!
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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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EURAUD I Potential long from support Welcome 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.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!