Euraudlong
EURAUD trade idea Daily Chart - Break previous level of resistance making a new high...
H4 chart - broke support level failing to reach target, potential corrective (ABC) underway.
30m Chart - break of support, retest of previous support level as resistance 38.2% Fib level (trynna catch the higher timeframe retracement) which on the 30m chart is a "temporary" downtrend.
EUEAUD - Pullback & ContinueThis pair needs a significant pullback to mitigate some of the losing positions, once the imbalance is filled, we can begin to search for the next strong sell opportunity.
The arrows marked are a good indication of what we are trying to achieve.
Utilise this analysis to buy and sell, be tactical.
EURAUD BUY/LONG RETRACEMENTFirst lower entry: (5MINUTE TIMEFRAME) 88.6% fib retracement area. Imbalanced price action on 5M timeframe & 50% of last institutional move that took previous liquidity.
Second entry: (30MINUTE TIMEFRAME) 78.6% fib retracement area. 50% institutional area of last bearish move before the bullish move upwards. Mitigation area for smart money to close out positions.
4H higher TF bias is downtrend. Entering countertrend to buy up and sell off around TP3.
EURAUD LONGThe pair (EURAUD) broke the resistance level on the ascending triangle. How do you spot the ascending triangle? Well, The top part of the triangle appears flat, while the bottom part of the triangle has an upward slant.
How do you trade this symmetrical triangle? Easy, ascending triangles are generally considered bullish and are most reliable when found in an up-trend.
NB: This is for educational purpose
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EURAUD approaching 1st support, potential for a bounce!Price is approaching 1st support, in line with 61.8% Fibonacci retracement, 127.2% Fibonacci extension and horizontal pullback support. We could potentially see a bounce and further rise up to test 1st resistance, in line with 61.8% Fibonacci extension and horizontal swing high resistance. RSI is also approaching the ascending trendline support, showing signs of bullish pressure as well.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
EURAUD - enter after breakoutHello Traders Welcome back to another profit day
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Here is the full analysis for this pair, Let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
EURAUD try to break the resistant line, i think it will be break the resistant area. Let's watch together
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
The information given is not a Financial Advice.
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have a good profit week guys
EUR/AUD New Long Setup To Catch 250 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