EURAUD BUYA clear break out and retest on EURAUD . Also, the wave 2 correction has completed and I am now expecting an impulsive wave (3).
Euraudlong
EURAUD ProjectionG'day Guys.. How ya going?
Here some projection for EURAUD, based on previous projection this price was completing DEMAND Zone area.
I am expecting this pair looking for Supply Zone soon.
In Weekly perspective, Price was stopped in Strong Support Level which is i consider it as Demand Zone.
Expecting bouncing up for 2++ pips.
Let see what happen next.. Stay Tune..
Cheers
EURAUD approaching 1st support, potential for a bounce!Price is approaching our 1st support, in line with our 78.6% Fibonacci retracement, 50% Fibonacci extension, horizontal swing low support and ascending trendline support. We could potentially see a bounce and further upside towards our 1st resistance, in line with our 50% Fibonacci retracement, 78.6% Fibonacci extension and horizontal swing high resistance. Stochastics is also approaching the lower 7.11 support level where it has reacted from before, in line with our analysis.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
EUR/AUD BUY IDEA.....
EUR/AUD makes symmetric triangle and also make apex megaphone. so Waite to triangle breakout .otherwise this case is invalid.
Eurnzd volatility zone is comming wait for retest and shoot upEuraud volatility zone is comming wait for retest and shoot up
EURAUD Long Trade IdeaHey traders, here is the analysis for the EURAUD. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
EURAUD is approaching support, potential bounce | 30 Mar 2021Prices are approaching our support level in line with graphical support level, 78.6% fibonacci retracement and 127.2% fibonacci extension where we could see a bounce above this level.
EURAUD is approaching support, potential bounce | 30 Mar 2021Prices are approaching our support level in line with graphical support level , 78.6% fibonacci retracement and 127.2% fibonacci extension where we could see a bounce above this level.
EURAUD- Bullish Set-upLooking at a buy set up for EURAUD
1. Red circle to the left denotes a break of the monthly trendline.
2. Red circle to the right denotes a retest of the same zone that the monthly trendline was broke, which is in confluence with the 50-61.8 1hr and 4hr Fib zone.
3. I am looking for a swing low and a break of the down trendline for an entry long, with the first target at the 1.56588 zone marked in green.
4. TP 3 is denoted with the higher green zone. If the price breaks this level, look for it to take a long ride back to the previous high of around the 1.595 area.
EURAUD possible bullish target 1.5560daily two bar reversal pattern formed 24th & 25th February daily bars. 18th March key reversal bar indication for further strength ahead. 1.5370 & 1.5320 demand zone for buy, target 1.5560.
EURAUD Long - Break of bearish market structure
- Break and retest of dynamic resistance
- Failure to pierce previous lows and create lower lows
- 1:7RR, antipating bounce to upside off dynamic resistance now becoming support
EURAUD is facing bullish pressure, potential for further upside Prices broke out of our descending trend line and are facing bullish pressure where we could see a bounce above this level.
EURAUD is facing bullish pressure, potential for further upsidePrices broke out of our descending trend line and are facing bullish pressure where we could see a bounce above this level.
Potential Buy on EURAUD EURAUD seems to be reaching a previous resistance level. Looking for a retest on this level.
[EURAUD W4 Mar 2021]EURAUD
Long Setup
This pair has a potential to rise another 90-100 pips to complete the first wave of the Elliot Wave Theory,
before dropping a 200 pips to form the major Wave-2.
After that is another potential rise to 1.59000-1.60000 area (~+500 pips) or higher for a 3rd impulsive wave
EURAUD is approaching support | 24 Mar 2021Prices are approaching support in line with our fibonacci confluence where we could see a bounce above this level.
EUR/AUD Is Expected to Fly Soon 🚀🚀🚀💡 Trade Idea
📈 EUR/AUD | Buy Limit Order @ 1.5472
🎯 Target Profit 1.5566
🛑 Stop Loss 1.5435
❌ Do not risk more than 1% of your account on each trade
🙂 Good Luck !
Description:
The price is trading within a bullish channel formation where the price formed a bullish flag formation. A slight correction to the downside is expected to the 1.5472 USD mark and then we expect a breakout of the bullish flag formation to the upside and then it might reach the 1.5566 USD level.
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