Euraudlong
EURAUD ANALYSISEURAUD is testing big support again. EURAUD is failing to make lower lows since it entered this range in mid July. If EURAUD keeps closing above this support we can see another move testing the resistance at 1.615. If however we can get a candle closing below this support with big volume we can see a move down to 1.58500 or even lower since we would be creating new lows and possibly entering a new range zone.
EUR/AUD Full Analysis, 3 Setups In This Video To Catch 500 PipsThis 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 BULLISH FLAG PATTERN + RSI divergenceHey Traders ! How are you ? Hope you are doing well.
So here is my simple euraud H1 TF analysis. It is in the falling channel which can be also considered as bullish flag pattern. And also the RSI is showing a clear divergence at the moment. So keep an eye on it and it is the major key level to buy it to gain decent pips.
EurAud- Where to buySince the double bottom market with March's low, EurAud is trading in a clear ascending trend.
Now the pair is in a normal correction after the recent 1.64 high and this can offer us a good opportunity to join this trend
1.6 is both psychological and confluence support and is the zone where I'm looking to buy
EURAUD: Ride the WaveTrading zone to zone can be made simple with the understanding of smart money concepts.
In this example, the price pushed away from the bearish order block that created the initial dive.
Once we got bearish confirmation, we refined our entry and placed our order.
Now we sit on our hands and manage risk ready for FOMC
Good luck!
Incoming bulls | EURAUDFX:EURAUD
As it can be inferred from the chart, we had a shift in market structure. At this point, we got a structural break from the previous bearish structure.
The initiation of this move was from the OB marked out with a pink rectangle. We expect price to grab liquidity, come to that zone then continue bullish till we hit the previous high.
EURAUD: Scalp Long Position in FocusLooking the EURAUD daily chart and of course using top down analysis approach. I see a scalp long with 1:2 ratio target.
The price action has clearly established a reasonable support level with vertical and horizontal confluence.
What do you guys see ??? Please leave feedback in the comment below:
Buy setup with EURAUDH4 time frame.
Structure: Uptrend.
After a deep downward move, the price formed a consolidation area.
The price after a strong increase broke through the consolidation zone at 1.60900, there was a retest and there was a signal to increase again from this zone.
Here, waiting for the price to form a continuation candlestick pattern, you can buy with the profit target at the price of zone 1.62500 and 1.64500.
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Wish you all have a good trading day!