Euraudbuy
EURAUD - SWING - 23. NOVE. 2020Welcome to our weekly trade setup ( EURAUD )!
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1 HOUR
Price moving sideways..
4 HOUR
Expecting another push to previous highs.
DAILY
Overall sideways moving market after a bearish structure, good long entries!
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FOREX SWING
BUY EURAUD
ENTRY LEVEL @ 1.62040
SL @ 1.61680
TP @ 1.63140
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
EurAud- I say bullishAfter finding a bottom in the important 1.6150 zone support, EurAud rebounded around 200 pips.
Now the pair is trading in a congestion range forming a symmetrical triangle and, although triangles are a continuation pattern, I expect the break to be on the upside in this case.
1.63 is the zone that should be conquered by bulls and a daily close above would accelerate gains towards and above 1.65
As long as the pair stays above 1.6150 I'm bullish
EUR/AUD Wave Analysis EUR/AUD Wave Analysis
The counter is correcting in an ABCDE formation.
It has completed wave D and is taking support at the trendline.
Further, the the stochastic oscillator is forming an inverted head and shoulder at the lows.
We expect the pair to move higher to complete wave E.
EurAud- bullish above 1.6150After beaking the falling wedge resistance last week, EurAud rose to 1.6350 zone
Now the pair came to confirm 1.6150 as support and we can assist in a new leg up for this pair
The first resistance is 1.6350 followed by 1.65 important zone
I favor longs
EurAud- In buy zoneOn Friday I've spoken about "buying dips" on EurAud.
Now the pair is trading in my predicted buy zone and a long trade around this level could;d have a 1:2 R:R
I'm looking to buy this pair
EurAud- Where to buy?From 1.68 recent top, EurAud had quite a drop reaching 1.61 zone and major support (see daily chart)
Now the pair broke above falling wedge resistance and there is a high probability to continue higher.
I'm looking to buy this pair and 1.6230-1.6250 zone could be a good place for longs
EURAUD - BUY AFTER FALSE BREAK OUT The price is returned for retest level - the previous touch of the level more than 6 month ago. moreover, a strict namber of false breakdowns.
Thank you very much and thank you to the responsive commentators for their understanding.
I spend my personal time tracking the market situation and share my opinion openly with you.
Push like and write your comments. We will catch the best trades together!
EURAUD [H4] Descending near Strong support 🔥🔥EURAUD Descending near Strong support 🔥🔥
Now EURAUD Down near Stong support look it that for entry "BUY"
❌ IF BREAK NO TRADE ❌
🔥Resistance ▶ 1.632X
🔥Support ▶ 1.614X
Goodluck
Ton Trader
🙏🙏🙏🙏🙏🙏
EUR/AUD for buy $$$Hi traders and anvestors , we have a breaks of the great resistance
so you shoud buy (eur/aud)
EURAUD - Buy position taken for a swing tradeeuraud ready to rally up from here according to its bullish weekly structure and risk on status. I see this pair rallying up 1000s of pips as the next drop happens in indices!
EURAUD buy Analysis Euraud shows an emerging shark pattern in confluence with wave 5 of an impulse wave structure.
the minimum target is to think of truncation of wave 5 and that will be at the price region where wave 3 terminated.
Goodluck
Long EUR/AUDECB'S De Guindos warned on Friday that Q4 growth will not reach the target 3%... he also said that the eurozone will start to see positive rates by 2021, so we have lots of mixed verbiage coming from ECB. With that info, I'm looking towards the technicals and taking a long based off a break and a pullback towards my down trendline.
EURAUD - Long (Buy Limit Order)Liquidity has been grabbed and price will come to 1.66147 level and continue bullish.
Note: Trade at your own risk
EurAud- Stop hunting and 1.7 after?After a false break of what should have been strong support at 1.6550-1.6600 zone (In my opinion stop hunting, and liquidity search for longs) EurAud finished the day with an immense bullish engulfing from the trend line support and above horizontal one.
I still have a target of 1.7 for this pair and corrections should be bought
