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Euraudsell

💡Don't miss the great sell opportunity in EURAUDTrading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (1.6142). 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 a downtrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 58. Take Profits: TP1= @ 1.6071 TP2= @ 1.5976 TP3= @ 1.5905 TP4= @ 1.5785 TP5= @ 1.5704 SL: Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity_World
14
💡Don't miss the great sell opportunity in EURAUDTrading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (1.6142). 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 a downtrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 58. Take Profits: TP1= @ 1.6071 TP2= @ 1.5976 TP3= @ 1.5905 TP4= @ 1.5785 TP5= @ 1.5704 SL: Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity
8
Potential Head and Shoulder Pattern Spotted @ EURAUDFX:EURAUD [/symbol Friends, [ b]H&S pattern and rising wedge are brewing on EURAUD (1D TF) with a potential price move of about 1000 pips (10,000 ticks) if measured from resistance area formed by left shoulder (potential right shoulder) to height projection of the H&S from it's neckline. 2 sell positions will be appropriate with TP1 @ the neckline while TP2 @ the end of the rising wedge. Good luck to us all. PPPDirhams... Follow my ideas at your own risk!
Short
by Kingsley_lotanna
2
EURAUDEURAUD is approaching strong daily support in so we will be looking for buy setups. Before we buy, we want the buyers to prove that they are taking over again. ON 1 H Chart EURAUD is forming a descending parallel channel but our upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. Trigger => Waiting for that swing to form and then buy after a momentum candle close above it . Meanwhile, until the buy is activated, EURAUD would be overall bearish can still trade lower.
Short
by SmoothJB
EURAUD - SHORT - WYCKOFF DISTRIBUTION AND DAILY SUPPLY ZONEEUR/AUD looks bearish on the Daily timeframe, when scaling down on the 4hr timeframe you can see the potential for a Wyckoff Distribution occurring. It looks as though we are entering Phase C of the Distribution and the potential for a UTAD to form. Further confluence is found in the long term downward channel, a false breakout would tie into the Wyckoff analysis. At the top end of the channel resistance is a strong Daily supply zone (in yellow). This occurs near the 61.8% Fibo so provides further confluence. I would look for price action confirmation either within the Supply zone or near the top of the channel, both would be taken as the UTAD formation and I would then initiate a short trade.
Short
by BullBearBlair
euraud buyeuraud buy : Reasons : 1)my ema lines are intersected and yellow line started to face uptrend 2)there is breakout and a nice pattern formed 3)Got the confirmation from the heiken ashi candles and marked the stop loss 4)naked candle of bearish is formed with nice pin facing downwards i have marked the support line where the prices have been bounced since last year once it hits that level,price is gonna go up take Profit : green line stop loss : red line note : only for swing traders
Long
by saimanik9
2