Euraudbuy
Potencial compra +230 PIPSObservamos un canal cuyo recorrido paralelo es de aprox. 380 pips. Nos encontramos en una posible caída de unos 15 pips hasta 1.59619 aproximadamente. En éste punto, posiblemente se da inicio a una compra de +237 pips.
NOTA: Mantener seguimiento a la acción del precio cada vez que esté por tocar el TP.
Entrada: 1.59619
TP1: 1.60540 +90
TP2: 1.60914 +130
TP3: 1.61927 +230
NOTA: Luego de obtener el TP3 hay una posible compra hasta 1.62364; lo que daría un total de +270 pips.
EURAUD - FOREX - 15. JULY. 2019Welcome to DACapitalTrading, We provide any kind of Technical and Fundamental Analysis
for Forex and Crypto-Currency Markets every day!
-
1 HOUR
Strong bearish price action and break below previous lows.
4 HOUR
Bearish rally, good long entries with an amazing risk reward here!
DAILY
Waving market structure with very strong waves nice to consolidate now.
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FOREX SETUP
BUY EURAUD
ENTRY @ 1.60220
SL @ 1.59540 (70 Pips)
TP @ 1.61380 (115 Pips)
RR: 1.70
Use 1% risk per Position!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
EURAUD approaching support, potential for a bounce!
EURAUD is expected to drop to 1st support at 1.61012 where it could potentially react off and up to 1st resistance at 1.61633.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURAUD potential reversal!
EURAUD expected to rise up to 1st resistance at 1.61451 where it could potentially react off and drop down to 1st support at 1.60992.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
EURAUD approaching resistance, look out for potential reversal!
EURAUD is approaching its resistance at 1.60559 where it is could reverse down to its support at 1.60056.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURAUD Bearish trend for this week 30/6/2019EurAud this week will continue dropping to 1.56950 to break it out
but the first thing will happen while the market is open is to retest price @1.6250 trying to break it, then going down again
The average dimension is (1.609375 to 1.625000) (yellow line in the chart )
Daily dimension: (1.617375 to 1.619375) (Green line )
Our Target is :
SELL order @ 1.625000
TP1 @ 1.615000
Tp2 @ 1.62500
TP3@ 1.61175
SL@ 1.62770
Trade at your own risk!
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EURAUD - FOREX - 01. JULY. 2019Welcome to DACapitalTrading, We provide any kind of Technical and Fundamental Analysis
for Forex and Crypto-Currency Markets every day!
-
1 HOUR
Dropping market with incredible price action.
4 HOUR
Bearish gap formed and market dropped over 70% of previous wave structure
DAILY
Bullish waving market with bearish pullback right now, great long entries!
-
FOREX SETUP
BUY EURAUD
ENTRY @ 1.61540
SL @ 1.60690 (85 Pips)
TP @ 1.62960 (140 Pips)
RR: 1.70
Use normal Risk (1% per Position)
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
EURAUD reversed from resistance, potential drop!
EURAUD reversed off its resistance at 1.62552 where it could potentially drop further to 1.61788.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
EURAUD - A TUG OF WAR BETWEEN BULLS & BEARS CONTINUEThe EURAUD weekly chart above reveals that the rally from February 2017 low to as high as 1.61957 in March 2018 took the shape of a textbook Elliot Wave leading diagonal structure. The pattern is labeled (i)-(ii)-(iii)-(iv)-(v); wave (iv) overlap wave (i) high which make the whole advance an Elliot wave motive diagonal rather than an impulse.
The Big Picture Still Remains in Favour of the Bulls
According to the theory, the motive waves “leading diagonal in this case” point in the direction of the larger sequence, and a three-wave retracement in the opposite direction follows every motive pattern.
Here, EURAUD correction seems to be unfolding as a "top flat ascending triangle" pattern labeled (a)-(b)-(c)-(d)-(e). Price has drawn wave (a)-(d) of the triangle and remain wave (e). So, in the short term, the price has the potential to move lower to complete the wave (e) of B.
However, once the corrective phase of the cycle is over, the larger trend resumes in the direction of the motive wave. This means that once the corresponding triangle correction in wave B is over, another rally in wave C can be expected.
The resistance area around 61.8% Fibonacci level of the monthly impulse structure “Not show on the chart” is plausible for the bulls.
Bottom Line
If this count is correct, traders should expect a short term decline and long term advance in EURAUD as planned on the chart.
Did you like this analysis? Let me know your thoughts in the comment.