Buying after the retestThere was amazing breakout from the downtrend movement so I guess we are in an uptrend right now but I will be patient and will enter long after the retest
Good luck all if you like my idea💡like it and comment your opinion 😊
Euraudlong
💡Don't miss the great buy opportunity in EURAUDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.4363).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURAUD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 73.
Take Profits:
TP1= @ 1.4460
TP2= @ 1.4501
TP3= @ 1.4559
TP4= @ 1.4606
TP5= @ 1.4713
SL= Break below S2
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EURAUD BUY ANALYSISLooking at NAS100 on 15M timeframe
Currently looking for long/buy position
We currently waiting for signals of reversal whereby we will then execute the trade
Long EURAUDBullish Indicators
*Morning star
*Descending trendline breached
*Double bottom neckline breached
*Bullish divergence
Bearish Indicators
Biased Long
Stop loss below double bottom
TP at height of neckline from double bottom
EURAUD for a longAccording to my analysis I have entered this trade for a buy position with tp at the next resistance as outlined
EUR / AUD LONGYesterday we broke 4H down trendline, and on daily basis price closed above the spot we wanted,
Now price is moving in a BULL FLAG pattern, and just ranging for corrections,
We can enter on the lower line of FLAG OR we can wait for the breakout to upper line of FLAG.
Just sharing ideas, it's not an investment plan,
Trade safe do your analysis as well
Good Luck
Have a good day at trading
EURAUD sk analysismarket is approaching our buying zone yellow WCL with almost 45 pips as stop loose RR 3:1 after finishing the previous yellow sequence with good impulsive move
EUR/AUD Long Setup After D Closure To Get A Good ConfirmationThis 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 long setupEA is reacting off a bearish channel top and squeezing into a triangle, i'm looking for a break upwards and expecting to hold the 1.46/145 500 area and rise upwards to initiate longs
EURAUD - Potential Double Bottom 👀Hi Traders,
EURAUD price action is shaping up for a potential buy opportunity. Looking at the HTF, price broke out of a descending channel following with a continuation correction which price impulsively broke higher creating higher lows but failed to continue any further. Looking at the LTF price made a double top and is currently consolidating which I will be looking for a buy opportunity at the double bottom area if only I see a bullish confirmation.
Thanks
Trade Safe
End Of a-b-c Corrections OR Start Of Wave 3 On EURAUD?If it's a correction, price may elapse into another correction or start a new trend, but if it's the beginning of wave 3, then wave 3 is expected to be longer than wave 1...
N.B
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades
EURAUD BUY ANALYSISLooking at EURAUD on 4H timeframe
Currently looking for long/buy position
We currently waiting for signals of reversal whereby we will then execute the trade
EURAUD LONG1- See the trendline Broke
2- 3 time touch the trendline - Which attract the Investors to SHORT
3- Bottom and Top to be a FRESH
4- Re-Test the BASE ZONE
5- Maanage the RR for your Equity
EURAUD Long to POCPrice has recently broken the down trend and is showing bullish movement. I expect price to retrace to 1.47 and then push upwards to the POC (1.485). Remember to use proper risk management.
BUY [EURAUD]EURAUD Setup / Analysis
🕐 4hr's Chart
Key Technical / Reason's LONG
———————————
What is our confirmation?
- Breakout trendline and retest
- Resistance & Support
- Pressure zone
- Pivot and MA rejection confluence
- Ascending Pattern
- Descending Pattern
- The pivot zone
- Demand Supply
- Candlestick Patterns
Euraud my plan......Am looking at these setups and waiting for the markets to choose a direction......for me to REACT and not try to PREDICT.
The long setup yields 2.84R and the short 2.78R......
Like and Subscribe.
Euraud longs....Am going long on the retest for 2.96R ....
Confluence breakout of inverse head and shoulders, and descending triangle......
Like and Subscribe
EURAUD - Long/Buy at SupportEURAUD - Long/Buy at Support
some news weak for AUD could come at our favour and help to push price up which is already at a support zone
