Bearish crab harmonic pattern EURAUDBearish crab harmonic pattern in formation.
Sell at 1.59680
SL 1.60180
TP1 1.58000
TP2 1.56205
Euraudsell
EURAUD SELL - LONG TERM SHORTTo retrace to the 0.786 level of fibonacci would mean for price to get all the way up to 1.59949.
4/25/18 (1.61409) on the Daily timeframe, shooting star candle which lead to a massive drop (~860 pips) til around 6/4/18 (1.52747 top of a key zone.)
Historically, this trend repeats itself from the ~1.61409 level very well. From 8/24/15 to 2/11/16 about 5 significant drops occurred resulting in a drop of about 300 pips at a minimum.
9/29/15 rice was at 1.62505. VERY close to the aforementioned high of 1.61409. From that time until 12/3/15 there was a ~1900 pip drop and price went to a low of 1.43479.
Price has consolidated the last 5 hours ranging from around 1.59336 to 1.59023.
I am looking to see if price will reach 1.61409 - 1.60008 for a really nice long term sell.
If price does not reach that level and shows a lot of bearish signs and signals.. I plan to sell it around 1.58895.
My take profit aligns perfectly with the 1.272 level of the fibonacci extension which is 1.50337. I plan to take profit at 1.50657. I will look for a sooner place to take profit and update as I analyze.
Happy trading everyone, let’s milk this bitch!
EURAUD - LONG TERM SELL - MUST SELLTo retrace to the 0.786 level of fibonacci would mean for price to get all the way up to 1.59949.
4/25/18 (1.61409) on the Daily timeframe, shooting star candle which lead to a massive drop (~860 pips) til around 6/4/18 (1.52747 top of a key zone.)
Historically, this trend repeats itself from the ~1.61409 level very well. From 8/24/15 to 2/11/16 about 5 significant drops occurred resulting in a drop of about 300 pips at a minimum.
9/29/15 rice was at 1.62505. VERY close to the aforementioned high of 1.61409. From that time until 12/3/15 there was a ~1900 pip drop and price went to a low of 1.43479.
Price has consolidated the last 5 hours ranging from around 1.59336 to 1.59023.
I am looking to see if price will reach 1.61409 - 1.60008 for a really nice long term sell.
If price does not reach that level and shows a lot of bearish signs and signals.. I plan to sell it around 1.58895.
My take profit aligns perfectly with the 1.272 level of the fibonacci extension which is 1.50337. I plan to take profit at 1.50657. I will look for a sooner place to take profit and update as I analyze.
Happy trading everyone, let’s milk this bitch!
EURAUD Short term SetupEURUAD has Broken Multiple trend lines in 4hr and daily chart too. I am expecting more downside on this pair for the next target of 200 days EMA at 1.54500 levels.
EURAUD SELL VIDEO ANALYSIS #1808If you like what you see, please like and follow me BELOW!
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EURAUD short - pullback almost done after channel breakEURAUD broke the channel and retracing now.. it is advised to enter after green candles are finish.. it'll be a good short...
Please hit "LIKE" to support and follow for more ideas.
Vinny
Euraud sell idea sell euraud on flag breakout
1.5640 and stop loss 1.5740 and tp is 1.5500 tp2 1.5460
Reason to sell
1> Rectangle breakout and retest breakout
2> Range breakout
3> flag pattern formation and trade on breakout
Good luck and Remember me in prayer
Asad Ullah Jass
EURAUD 4hr time analysis: bearish biasThe 4 hour timeframe of the EURAUD is shown in this analysis with price action from March 28, 2018 till present date. The EURAUD between June 25, 2018 and July 30, 2018 did complete a complex head and shoulder top pattern that confirmed at ~1.57239.
The other valid chart pattern that is present in the region discussed above is a Triple top that also confirmed after price closed below the neckline. The implication of either chart pattern is ideally bearish, and implies more bearish action in the EURAUD.
Conservative point of entry for a short position is a price close below ~1.55839, while earlier points of entry would seek placement of a sell order prior to price reaching 1.55839.
Price returning to 1.55839 region and failing to proceed would establish a rectangle bottom between the neckline and 1.55839. Momentum confirming a decline is therefore of paramount importance.
The point of invalidation (POI) of either chart pattern mentioned above is a price close above ~1.58905.
EURAUDHere is a chart analysis on EURAUD, I see short coming up on this pair.
lets see how the market will react.
EURAUD - WEEKLY SWING - 13. AUGUST 2018WELCOME TO DACAPITAL TRADING!!
EURAUD just started moving as expected, quick Timeframe breakdown for free and everybody.
4 HOUR
Bullish start into the week taking out short-term sellers before heading down
DAILY
Sideways consideration with a lot of strong pins
WEEKLY
Bearish movement right now with a lot of sellers pressure
LEVELS
SELL EURAUD @ 1.56740
SL @ 1.57530 (80 Pips)
TP1 @ 1.55890 (90 Pips)
TP2 @ 1.55580 (120 Pips)
MOVE SL TO BE @ HIT OF 88.6 FIB!
Weekly Wave Swing, Close 3/4 Position at Hit of TP1!
Enjoy our limited Free Content and Setups,
leave us a like and Comment!!
DACAPITAL TRADING
EUR/AUD - 200 Pips+ OpportunityEUR/AUD has broken down the 200 EMA and is currently in a bearish trend.
An opportunity has presented itself to enter the bearish trend. As the price breaks the current support (1.56 area) it may continue down for the rest of the month until it finds a strong support.
The long term bearish move is cancelled if the pair finds the strength to break the 1.57 area.
Happy trading! Follow your rules!
EUR/AUD - 350 Pips+ Short Opportunity - ReversalEUR/AUD has been in a consolidation area for about a week and seems to have taken the impact from the last uptrend.
As we can tell from our indicators, this pair does not seem to have the steam left to go further high. Thus, we can open a short position for the reversal of this pair back to 1.54.
Our Stop Loss needs to be higher than the last highs. Recommended at 1.59.
If the pair fails to break down and begins to show some sign of strenght, which I don't expect to, then open a long position. Until now, from the looks of it, this pair seems very week and the resistence has acted well.
The impact has been taken, and a reversal is imminent.
Happy trading!
EUR/AUD chart: 3 crucial factors to pay attention toCommentary provided today is aimed at understanding the 3 important things to keep in mind when trading and/or investing in the EURAUD. The Daily timeframe chart below captures price action from ~ August 21, 2015 till present date.
Chart patterns, (which includes trend lines) are utilized in this analysis to point out 3 key areas to pay attention to that are numbered on the EURAUD chart. These are discussed below:
(1) The bearish trendline in the EURUAUD that is established by price rejecting approximately 1.65885 and 1.61835 on August 25, 2018 and March 28, 2018 respectively. A close above ~1.62486 would imply resumption of the uptrend in the EURAUD.
(2) A rising diagonal pattern (wedge) as drawn here captures price between June 5, 2017 and March 22, 2018. This indicates exhaustion and a break outside of the wedge eventually resulted price moving back to support (i.e. number 3) which is discussed next.
(3) Price between 1.53175 and 1.51352 should be watched closely as it indicates support for the EURAUD. Retracement in price action after exiting the wedge found support in this area on January 10, 2018 with another successful test of support on June 6, 2018.
Use of at least 2 pivots to connect or draw a valid trendline therefore implies that the top of the support area (1.53175) is indeed valid and any EURAUD investing and/or trading must be aware of price remaining range bound to uptrend for now.
EURAUD SHORT IDEAON THE WEEKLY CHART, PRICE BROKE OUT FROM THE ASCENDING WEDGE AND IS CURRENTLY DOING A PULLBACK FOR THE BIG MOVE
ON THE DAILY PRICE BROKE OUT OF THE ASCENDING WEDGE (WHICH IS THE PULL BACK ON THE WEEKLY) AND HAS GONE INTO CONSOLIDATION
i AM EXPECTING PRICE TO BREAK OUT OF THE BOX AND THEN i WILL SHORT THIS PAIR.
MY EYES ARE ON THE 1.5700 AREA.
EURAUD : 4H : Break down rising trend-lineEURAUD : 4H : End of Bullish Run and break down below trend-line
E : Above 157.5
SL : 158. 1
TP : 156.30
EURAUD possible big move towards lowsEURAUD broke out the uptrend line and just retested. It is very much likely that the market will retest the lows. Momentum indicators supporting the view, i am looking for sell setups for a target to the lows.
EURAUD Decision Zone
EURAUD moving into important decision zone.
With the previous uptrend being broken with strength we hypothesize this recent up-move is simply counter-trend to set a lower-high, with price being at an ideal location for that lower-high to be created.
A selling opportunity will present itself upon a break of this counter-TL as well as a break of the previous counter-trend low. We will then look for price to pull back to the last counter-trend low for entry with stops above counter-trend highs. Target One circa 1.5500. Target Two circa 1.5400 - 1.5350 just before weekly structure / decision zone.
1.5650 could prove to be a tough price to break, but if broken, I will have high confidence in the trade reaching Target One & increased probability of reaching the weekly decision zone.
EURAUD (Shoulder-Head-Shoulder with break trend and Fibonacci)Risk:Reward 1:3
Shoulder-Head-Shoulder with break trend and Fibonacci touch in 61.8.
There are three very good confirmations for sell.
EUR/AUD Will make next price rangeEUR/AUD Will make next price range
Watch and wait price action in vital price & area
Write trading planing and exit planing to backup your trade if your analysis going wrong
Always write exit planing first before you go in market calculate the risk according to which you are able to receive it
limit your losses and let gains run
Short trade on EURAUDHi all,
i've been looking at this pair over the last days, and it finally turned into a trading opportunity right now. The blue zone is a structure zone in which price has lately been very sensitive and it's also been a zone in which price has gone overbought on the 4hr chart, also creating a short candlestick with an engulfing candle. Moreover, on the hourly timeframe price has created a strong bearish leg, which signifies selling pressure. A conservative trader would wait for a break of the hourly support, i'm entering now because my trading rules are met.
If you have questions, feel free to comment below.
Otherwise, see you in the next chart!
Short setup on EURAUDHi all,
i've been looking at this pair over the last days, and it finally turned into a trading opportunity right now. The blue zone is a structure zone in which price has lately been very sensitive and it's also been a zone in which price has gone overbought on the 4hr chart, also creating a short candlestick with an engulfing candle. Moreover, on the hourly timeframe price has created a strong bearish leg, which signifies selling pressure. A conservative trader would wait for a break of the hourly support, i'm entering now because my trading rules are met.
If you have questions, feel free to comment below.
Otherwise, see you in the next chart!
EURAUD short profit taking on friday.This could be nice profit taking for the friday trade, observe it.
