Euraudsell
EUR/AUD Short Setup After 4H Closure To Confirm The Direction !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 - 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.
EUR/AUD PENDING ORDER🔺 Today EUR/AUD has reached a local maximum (1.61650)
🔻 I assume that in the near future there will be a rebound to the uptrend line, and then growth again.
🔥 I think 1.6060 is an excellent point for a long order.
✅ Target: 1.6260
EURAUD ANALYSISAfter the bullish push from this pair since yesterday, we finally have the break of this current hourly level.
Now, we see price correcting above it. We expect a bullish continuation once this correction is over.
Targets would be the previous level at 1.60300. We'll be waiting for a clear continuation confirmation on the lower time frames to join the trend to target.
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
EURAUD Up & Dowm PosibleEURAUD uptrend after break the resistance level. EURAUD may going down to support level/or trendline support level. If break the support level, it may going lower. It can be rise up again if it can't be pass the support level
EURAUD SHORT Hello everyone, euraud as well is forming a nice bearish flag for more downside and again we need to see how fed will react on the market! critical event tonight so eyes on there! be safe and good luck!
EURAUD WYCKOFF DISTRIBUTIONEURAUD looks to be in a Wyckoff Distribution pattern, awaiting UTAD formation to confirm sell bias. I would enter on a lower timeframe retest of the UTAD area using price action to confirm the sell.
EURAUD Sell Trade Opportunity (My View)EURAUD>>??<<>>?? This Pair Is Shaping Up Nicely For A Sell Trade. Ideal Indicated On Chart With SL Slightly @ Resistance (You Can Have Yours Slightly Above The Resistance or Higher High) ... You Can Alternatively Look For Your Own Sell Set-Ups & Cashing In As This Pair Slowly Moves Down.
EurAud- Testing stong resistance, looking to sellSince the March double bottom, EurAud has had a good run, gaining around 900 pips.
At this point, the pair is facing strong resistance and a correction could follow from this point.
I will look for signs of weakness to initiate short trades
EURAUD, 4hr tf, AB=CD pattern
Yesterday we got our stop loss hit for this pair.
I still think a retracement will soon come as this pair hitting resistance right now.
We could see the movement of EURAUD making an AB=CD pattern.
Keep in mind we have RBA in 50 mins so expect some volatility in all AUD pairs. Use proper risk management.
Sell EURAUD 1.6065
Stop loss 1.6130
Take profit 1.5935 (2R)
Use only 1-2% risk
Good luck
EURAUD - Capture BuyersWeekly Projection (4H)
Our aim as always is to capture liquidity.
We will be targeting the aggressive breakout buyers this week.
Our goal is to get involved in sells from the pullback all the way down into likely stop loss region.
Let's see how price reacts around 1.59300 before we consider our sells into the liquidity region.
I will be expecting pullbacks tomorrow.
EUR/AUD New Short Setup Available To Catch 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
1 July: EURAUD time to sell Hi everyone!
EURAUD could see a limited push up to test its resistance zone at 1.58516 which lines up with the 78.6% retracement. This area was the previous high where we saw a reversal in price and could present an opportunity for us to play the drop. Stop loss is placed slightly above the recent spike and take profit target lines up at the 61.8% and -27.2% retracement. What are your thoughts on EURAUD?
EURAUD Sell Trade Opportunity (My View)EURAUD>>??<<>>?? This Pair Is Shaping Up Nicely For A Sell Trade. Ideal Indicated On Chart With SL Slightly Below Resistance (You Can Have Yours Slightly Above) ... You Can Alternatively Look For Your Own Sell Set-Ups & Cashing In As This Pair Slowly Moves Down.
💡Don't miss the great sell opportunity in EURAUDTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.5802).
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 below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 47.
Take Profits:
TP1= @ 1.5733
TP2= @ 1.5690
TP3= @ 1.5659
TP4= @ 1.5605
TP5= @ 1.5538
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 ❤️
💡Don't miss the great sell opportunity in EURAUDTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.5802).
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 below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 47.
Take Profits:
TP1= @ 1.5733
TP2= @ 1.5690
TP3= @ 1.5659
TP4= @ 1.5605
TP5= @ 1.5538
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 ❤️
EURAUD Sell Trade Opportunity (My View)Another Great Pair To Look @Today::: EURAUD Showing Positives Signs of A Down Move... This Pair Looks Like It's Going To Test The Low It Created First Before Pushing Up If That Happens It'll Be A Nice Short Opportunity... Have A Tight SL To Limit Risk... Ideal Trade Indicated On Chart With SL $ TP Indicated.
⚡️EURAUD - Tight Stop Sell OffFrom a liquidity and money distribution perspective, this pair is ready to collapse.
I would like to see a drop from this point now.
GOOD LUCK! Me and the team are in!
