EURAUDHello traders. Due to the +RD and the break of the downtrend line, I expect the price to experience good growth after pullback, and the ratio R:R=5. Are you agree?
Euraudlong
EUR AUD coffee pattern 😄 The pair was broken very strong resistance in monthly frame now turned to strong support has ability to push price up
EURAUD Reacting to Fibo's 0.5 % Hello Traders,
this is the structure on 4H for FX:EURAUD .
I'm expecting a reaction on 0.5-0.618 fibonacci's retracement for a buy setup.
EUR/AUD New 2 Long Setups To Get At Least 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
EURUAD 4h timeframe longs into 1.6162EURUAD 4h timeframe we could get into longs the market could go higher into 1.6162 level which was previous highs of December which was touched and then market went into bearish and it dropped back down we can look into retests of those areas once again and re-touch of those levels again in my opinion if not the market remains bearish as it is on my two other charts,
EurAud- Where is my buy zone?In the past 2 weeks, I draw attention to EurAud and said that a break above 1.5850-1.59 resistance is probable and, in that case, the pair could rise to the next 1.62 resistance.
This happened on Friday...
In my opinion, the trend for EurAud is up and we should look for opportunities to buy.
Looking at the chart we see that the pair is retracing some of the up move, which is normal after a 400 pips rise in 3 days.
This should offer bulls an opportunity to join the trend and a good place for buys is around 1.6 figure.
EURAUD Long OpportunityHere is my analysis for EURAUD for the upcoming week, wait for price to pullback to retest SUPPORT and take a long up to the next resistance area where we can expect a sell.
What are your thoughts? Leave it in the comments below!
Blue Signal FX Rules-Based Trading
1. CHECK THE NEWS!
2. WHAT IS THE OVERALL TREND?
3. IS PRICE AT A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)?
4. IS PRICE APPROACHING A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)?
5. ARE YOU TRADING WITH THE TREND OR AGAINST THE TREND (MAKE SURE YOU ONLY TRADE AGAINST THE TREND ON THE 4HR TIME-FRAME AND ABOVE.
6. CHECK FOR DIVERGENCE.
EUR/AUD Running In 120 Pips From Last Analysis , New UpdateThis 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 1H TFPrice is still bullish on the Daily TF.
Price also just test the lower trendline in the price channel, also formed an inverted H&S pattern.
The RSI and MACD on the 1H also suggest a move to the upside.
I expect price to break and retest the current resistance level on the 1H TF and continue to the upside to test the higher resistance level.
Disclaimer: This is in no way trading or financial advice.
Please like & follow if you find this analysis helpful. Cheers!
Price rejected Hello everybody
We are here on the 4h chart and as you can see, the price was rejected from the support line.
It can be a good long investment
Always use stop loss
What do you think about this idea?
EURAUD buyPrice is in current uptrend and has retraced to previous resistance now turned support. I expect price to buy to continue the uptrend
EUR/AUD long positionconfluence based on:
market structure
fib zones
Support zones (Seen by green lines)
Candlestick pattern (awaiting buyers in the market)
Once confluence is seen on H4 will go to lower timeframes (30/5 min) and await further bullish momentum for entries.
Also keep in mind news (fundementals) as price will either hit SL alot faster or TP will be hit faster.
lot sizes dependant on area of retracement, the lower the price reversal zone the higher the lot size.
EURAUD / LONGEURAUD has made a higher high on the daily and come back and rejected - we are now retesting in my opinion so we look to go long
EUR/AUD Full Analysis And New Long Setup After Confirmation !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 is going to create double topOn H4 tf we can see strong impulse then correction and break of support zone, so I expect price to fill the gap around 1.61400
EURAUD | Perspective for the new weekWill the market risk appetite continue to take its toll on the ‘Aussie’ as a reversal setup evolves? The Euro continued to exhibit strength since November 2021 and a Breakout of Key level structure during last week trading session could be an avenue to look for buying opportunities in the coming week(s). Now, what are my expectations?
Tendency: Uptrend (Bullish)
Structure: Breakout | Supply & Demand | Trendline | Reversal pattern (Double Bottom)
Observation: i. It is no doubt that the overall perspective on this pair is bearish with the bearish trendline going as far as April 2020.
ii. However, since price tested A$1.535 in November 2021, the price has continued to finder higher lows which culminated in what looks like a successful breakout on the 26th of November 2021.
iii. Following this breakout, the price touched A$1.615 to respect the bearish trendline on the 2nd of December 2021.
iv. The bearish momentum following the touch of A$1.615 appears to have reduced as we continue to witness rejection of the A$1.56 area to confirm a Demand zone is mature.
v. And if we look closely, we will notice that the rejection within the demand zone shares a confluence that respects the new Bullish trendline to signal a possible reversal set-up.
vi. A visual representation of a trend after connecting a series of prices with a line drawn under pivot lows shows the prevailing direction and speed of price in the last 3 months.
vii. Now, the appearance of a Double Bottom within the identified Demand zone which also shares a confluence with the new trend describes a possible change in trend and a momentum reversal from prior leading price action with confirmation at Breakout of Key level (A$1.5800) which is also the neckline of the pattern.
vii. The early hours/days of the new week might see a drop in price into the key level to incite a Trend continuation.
viii. Hence, it is appropriate to state here that, above key level @ A$1.5800 remains the most comfortable place to open a long position with an opportunity to add to our existing position at a breakout/retest of A$1.59500 level... Trade consciously!😊
Trading plan: BUY confirmation with a minimum potential profit of 400 pips.
Risk/Reward : 1:3
Potential Duration: 5 to 12days
NB: This speculation might be considered to make individual decisions on the lower timeframe.
Watch this space for updates as price action is been monitored.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
EURAUD Can give an UP side BREAKOUTEURAUD currently facing a small RESISTANCE between the price of 1.59356-1.59783. If you look at the above chart you can see there is a triangular pattern formation. If you look at candle near the RESISTANCE area you an see 4 small candle and a big BULLISH candle, which covers all the previous candle. There is a HIGH chance of giving a up side breakout by next week. In case if it respect the RESISTANCE are then it can fall till the blue TRENDLINE that I have drawn in the chart.
MY OPNION- One can take a LONG POSITION by putting a STOPLOSS below the blue TRENDLINE that I have drawn in the chart.
NOTE
ENTRY-1.58000-1.59500
STOPLOSS-1.56000 (Adjust it as per the blue TRENDLINE if it goes up)
1ST TARGET-1.62500
2ND TARGET-1.67950
EurAud&EurNzd could fly soonA few days ago I said that I expect EurAud to break above resistance and reach 1.62.
Yesterday the pair confirmed 1.57 as a strong support zone and reversed losses to reach 1.5850 resistance again.
Since the beginning of November, the structure is bullish for this pair, with a sequence of higher lows in place.
Once/If 1.5850 will fall, EurAud should accelerate gains and, as I said, 1.62 is my target.
EurNzd:
The situation here is pretty similar, with a bottom in November and the pair trading just under resistance.
The structure here is also constructive and we can expect a break of this resistance.
1.75 can be bulls target
EurAud to break resistance, 1.62 remains my targetIn my previous analysis on EurAud I said that as long as 1.56 is intact, the pair is in an uptrend and once 1.5850-1.5900 resistance is cleared, the pair can continue its rise to the next important resistance at 1.62.
Last week EurAud dropped to confirm again 1.56 as support and today we can clearly see that dips are bought
I expect a break up sooner rather than later and only a daily close under support will negate this bullish scenario
Trading Idea Regarding EURAUDinshallah, This Currency pair is going bullish for rest of the week
1-Break Ascending Triangle Chart Pattern
2- Create Strong bullish key levels and fallowing them accurately
EUR/AUD 4HR BUY SET UPHi TRADERS this is my trade set up for the EUR/AUD
i am expecting a pullback into the order block zone and will be looking for a buy trade only if it meets your criteria for a trade then execute
This is my analysis only please trade with caution and risk management in place
clean crisp charts I hope it helps if you have any questions please private message me
good luck for this weeks trading
please like comment and follow
EURAUD SetupEURAUD is trading in a symmetrical triangle and the momentum looks bullish, we are expecting it will break its resistance and price will be pump.
Trade your levels accordingly.
Trading Idea Regarding EURAUDThis Currency pair is moving in triangle chart pattern
kindly like and fallow for the upcoming updates
