EURAUD selllooking for price to push to push upwards for a little longer then start to trend downward at the entry point which is also a tough area if you look to the left
Euraudsell
2618 setup in a Trend continuation tradeHi guys,
just wanted to share with you this simple structure analysis on EURAUD. As you can see on the left hand side of your screen, this pair finally broke the 1,41 strong support that has been created previously. In this case we know it is a short signal, but we should wait for a retracement instead of chasing the price.
So, i wait patiently and now price is up to the broken support that could become resistance once is broken. Thus, i start looking for clues on lower timeframes such as 4H and 1H.
On the right hand side of the chart there's the hourly chart of this pair and you can see price has formed a double top followed by a break of structure to the downside, and this represents the selling signal were looking for in order to enter the market.
I'll wait for a 618 retracement and then sell at market with stops above the highs and target1 at the retest of the lows.
Target2 to be determined.
I'll keep you updated.
If you want to share your standpoint or ask questions, feel free to comment below.
Otherwise, see you in the next chart!
2618 at previous StructureHi guys,
just wanted to share with you this simple structure analysis on EURAUD. As you can see on the left hand side of your screen, this pair finally broke the 1,41 strong support that has been created previously. In this case we know it is a short signal, but we should wait for a retracement instead of chasing the price.
So, i wait patiently and now price is up to the broken support that could become resistance once is broken. Thus, i start looking for clues on lower timeframes such as 4H and 1H.
On the right hand side of the chart there's the hourly chart of this pair and you can see price has formed a double top followed by a break of structure to the downside, and this represents the selling signal were looking for in order to enter the market.
I'll wait for a 618 retracement and then sell at market with stops above the highs and target1 at the retest of the lows.
Target2 to be determined.
I'll keep you updated.
If you want to share your standpoint or ask questions, feel free to comment below.
Otherwise, see you in the next chart!
my euraud switchwhen the support at 1.3675 gives way the pair will be heading toward the 1.345 level with 1.32 as an extension.
the monthly chart as attached posted negative divergence on the rsi which broke through the ascending trend, implying that the support here will not last for long.
All the best trading this pair and please remember to give this a thumbs up!
EurAud -1.21500 is the target in the long termAfter a rally from 1.20 to 1.65, the pick in Volumes is a sign that strong hands have distributed. Our modified stochastic is giving us a better idea of the direction. Natural target at 1.21500
playing euro chickenmonthly RSI has shown negative divergence and has now crossed below an ascending trend, which suggests the trend has turned negative and support at 1.3675 may prove temporary.
When the gates give way the pair will be heading toward the next projections at 1.35, with any rebound being capped by 1.4040
If you found my thesis helpful please remember to thumbs up.
All the best for the week ahead!
EURAUD short termwe have multiple resistance's, one even dating back from August 3rd 2016. On the daily price is being squeezed. Price has failed at this resistance trend line multiple times and doesn't look like it has the strength to break it now, however if price breaks above the trade will be invalid.
Eur/Aud Short (Feedback IS APPRECIATED)From a long term daily perspective I see it has been in a downtrend. It has retraced up to a level (1.444) it may reverse at or go up a bit (1.4500) more then finally head down to around the 1.42000 area.
short EURAUD @ 30 min. @ trading capability this 52nd week `16This is only a trading capability - no recommendation !!!
Next week i`ll confirm or change my opinion about this SetUp :)
Buying/Selling or even only watching is always your own responsibility ...
Best regards
Aaron
short EURAUD @ 60 min @ trading capability for this 51st week`16This is only a trading capability - no recommendation !!!
Next week i`ll confirm or change my opinion about this SetUp :)
Buying/Selling or even only watching is always your own responsibility ...
Best regards
Aaron
EURAUD 1 HOUR DOWN TREND PULLBACK TRADE Hello Guys, its in downtrend channel in 1 Hour, there is a Moving averages 9-14 conformation of reversal go sell from designated price and follow TP and SL
EUR/AUD, DAY CHART, SHORT (11-DEC-2016)Note:
EUR/AUD breaks the Descending Triangle Pattern.
Further downward movement is expected!
Recently, we see a consolidation after the breakout.
If the price able to break the consolidation support line
at 1.417x area.
Here are 2 ways to trade:
1. Short it directly after the breakout with
smaller lot size.
2. After breakout, wait for pullback to the
support zone and another bullish signal to
short. Can trade with righ lot size :)
Caution on the AUD employment data on Thursday.
Fundamentally, EUR is still on the downside.
EurAudi see price goto down. bearish situation
waiting for more confirmations
Yo veo al precio bajando, situacion bajista
esperaré por mas confirmaciones.
EURAUD weekly short signalthe TP & SL are shown on the chart as the green ray and red ray respectively
AB=CD ongoing!We have a new lower low and the strong support is broken and is now strong resistance. I will be looking for bearish evidence in that area to follow the trend and go short!
Like if you agree, support and follow please!
EURAUD interesting situationHi traders,
today i've found another particular pair at a very important decision point.
As you can see above, here we are retesting a daily level that recently had been broken. This level lines up nicely with two powerful fibonacci retracements.
With that being the case, over the next days we are going to look for some opportunities in lower timeframes (1hr and 4hr).
I'll let you know if i enter the market.
Good luck!
