The EURAUD is currently exhibiting a bullish bias with increasing momentum. On the 4-hour timeframe, a retracement has brought the pair to a key support level, potentially presenting a trade opportunity at the Fibonacci 61.8 retracement. It's crucial to note, however, that the pair is currently somewhat extended, leaving the possibility of further downside before...
The reversal structure identified on the 1H time frame is probably going to incite a retracement of the Impulse leg after which a trend continuation might begin. NB: It is pertinent that we remain conscious as a breakout of 1.495 could encourage a bullish momentum Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs,...
Hi everyone this is my trade set up for the EUR/AUD This is my analysis only please trade with caution and risk management in place look for pullback to zones lined off on chart then if it meets your criteria for a trade then execute good luck for this weeks trading please like and comment both are welcome
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
FX:EURAUD My Prediction Need another one or two candles on the support level for long trade
Euraud make a pin bar in D1 and H4 Clear H & s pattern Break trend line