Euraudsell
Going DOWN UNDERWe are going down under. As you can see price is nearly at a key daily and monthly level and we can only see downside bearish movement IF price enters our resistance zone again... we will be waiting for price to enter this zone before taking a trade though... be patient and if price drops now from where it is before entering our zone and you miss the trade so what, don't cry and move on... The market will present plenty more opportunities.
Most people do not have the mind set for trading which is why they fail, this is the education systems fault.. but that's another story for another time ;p
Come have a chat with us if you like our style of trading to see how we can help you.
Going DOWN UNDERWe are going down under. As you can see price is nearly at a key daily and monthly level and we can only see downside bearish movement IF price enters our resistance zone again... we will be waiting for price to enter this zone before taking a trade though... be patient and if price drops now from where it is before entering our zone and you miss the trade so what, don't cry and move on... The market will present plenty more opportunities.
Most people do not have the mind set for trading which is why they fail, this is the education systems fault.. but that's another story for another time ;p
Come have a chat with us if you like our style of trading to see how we can help you.
EUR/AUD : Sell From Double TOP Looking Awesome Structure !!BUY & SELL As Per Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
EURAUD Trend Analysis and StrategyThe pair has broke below the yellow trend line and now support has now become resistance. Currently price action is retesting the trend line. We are predicting an downward trend to form. We are currently short with take profit set at the green zones. FX:EURAUD
EURAUD Strong resistance levelThis chart good looking to SELL
H1 We have a Double Top on resistance LEVEL on D1
Look at the screen's bottom
Cover YOU MONEY!
EURAUD SHORT IDEALooking to sell EURAUD from sell area, wait for rejection signs. Take profit at the target area (+50-70pips).
EURAUD - A TUG OF WAR BETWEEN BULLS & BEARS CONTINUEThe EURAUD weekly chart above reveals that the rally from February 2017 low to as high as 1.61957 in March 2018 took the shape of a textbook Elliot Wave leading diagonal structure. The pattern is labeled (i)-(ii)-(iii)-(iv)-(v); wave (iv) overlap wave (i) high which make the whole advance an Elliot wave motive diagonal rather than an impulse.
The Big Picture Still Remains in Favour of the Bulls
According to the theory, the motive waves “leading diagonal in this case” point in the direction of the larger sequence, and a three-wave retracement in the opposite direction follows every motive pattern.
Here, EURAUD correction seems to be unfolding as a "top flat ascending triangle" pattern labeled (a)-(b)-(c)-(d)-(e). Price has drawn wave (a)-(d) of the triangle and remain wave (e). So, in the short term, the price has the potential to move lower to complete the wave (e) of B.
However, once the corrective phase of the cycle is over, the larger trend resumes in the direction of the motive wave. This means that once the corresponding triangle correction in wave B is over, another rally in wave C can be expected.
The resistance area around 61.8% Fibonacci level of the monthly impulse structure “Not show on the chart” is plausible for the bulls.
Bottom Line
If this count is correct, traders should expect a short term decline and long term advance in EURAUD as planned on the chart.
Did you like this analysis? Let me know your thoughts in the comment.
EURAUD SHORT a very nice potential on EURAUD is forming, at least price need to come down corrective. Watch Draghi speach on EUR and AUD news for the drop. Wait for the first impulse a small correction and join the drop! Trade with care.
EURAUD Harmonic Crab Pattern Analysis and Backup StrategyIn addition to our AB=CD harmonic pattern analysis we are seeing the formation of a Crab pattern as well. As a fallback strategy, if the resistance zone on the previous chart is broken then we are predicting the harmonic crab pattern to be completed before price falls to the targeted zones. We will post more updates as we see how the strategy plays out. FX:EURAUD
EURAUD Harmonic AB=CD Analysis and StrategyPrice action has completed an ab=cd pattern, at a strong resistance zone, on the 1 hr chart for this pair. The completion of the ab=cd pattern is a bearish signal therefore we took a short position with take profits set on the green zones. FX:EURAUD
EURAUD - FOREX - 10. JUNE. 2019DACAPITALTRADING V2.0:
WELCOME TO DACAPITAL TRADING, WE PROVIDE ANY KIND OF TECHNICAL AND FUNDAMENTAL ANALYSIS
FOR FOREX AND CRYPTO-CURRENCY MARKETS EVERY DAY!
-
1 HOUR
Strong bullish market open and price action.
4 HOUR
Break above previous highs and takeout of shortterm sellers.
DAILY
Sideways moving market at resistance now, we need a small pullback!
FOREX SETUP
SELL EURAUD
ENTRY @ 1.62130
SL @ 1.62600 (50 Pips)
TP @ 1.61330 (80 Pips)
RR: 1.70
Use normal Risk (1% per Position)
(Remember to add a few pips to all levels - different Brokers!)
LEAVE US A LIKE AND COMMENT TO KEEP OUR CONTENT FOR FREE AND EVERYONE!
HAVE A GREAT WEEK
ALAN
EUR/AUD : WatcH Flag and Buy After Breakout !!BUY & SELL As Per Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
POTENTIAL BEARISH CONTINUATION ON EURAUD Price is currently consolidating sideways creating a continuation pattern after that bearish and we may see price continue bearish to our take profit.
red line - SL
Green line - TP
Happy trading :)
Euraud ShortWeekly Ranging Sell
H1 breakout and retest at resistance.
Therefore it is a long term sell with a wide stoploss at first.
EURAUD SELLLooking at an overall sell to 1.51859 long term. Directional bias bearish . Price currently in downward push on daily. Waiting for a retracement for sell entry. Anticipating retracement to 1.62088, looking at this area for potential sell entry. Will take partial profit at 23.6% at 1.59931 for 301.1 PIPS if price breaks down past major support at 1.60284.
EURAUD - SHORT POSSIBILITYSUPPORT BREAKOUT THEN BECOMES RESISTENCE, SELL OPORTUNITY TO THE NEXT SUPPORT
EURAUD - DROP IMMINENTEXPECTING A DROP
TO AROUND 1.603
WHICH ALSO REPRESENTS
38.2 FIB RETRACEMENT.
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EURAUD Harmonic BAT Analysis and StrategyThis pair is currently trading at a major resistance zone and price action has recently broken below a major trend line trend line (yellow) as well. We also see the completion of a harmonic Bat Pattern. These are all bearish technicals which signals a move lower and is giving our short strategy validation. FX:EURAUD
