EURAUD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Euraudshort
EURAUD to stall at current hihgs.EURAUD - 24h expiry - We look to Sell at 1.5600 (stop at 1.5700)
Previous support located at 1.5450.
Previous resistance located at 1.5500.
Indecisive price action has resulted in sideways congestion on the intraday chart.
Risk/Reward would be poor to call a sell from current levels.
A move through 1.5450 will confirm the bearish momentum.
Our profit targets will be 1.5350 and 1.5300
Resistance: 1.5500 / 1.5600 / 1.5700
Support: 1.5450 / 1.5400 / 1.5350
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EURAUD a SellOn the 1hr chart, EURAUD has given 3 patterns in 1. An overall double top at the 800ema resistance, with the first leg being a head and shoulders formation, and the second leg is a double top. Both at 800ema resistance. If you flip over to the 4hr chart you will see a perfect double top at resistance. Thank me later
EURAUD (SHORT) 🔥🔥🔥ENTRY OPPORTUNITY
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EURAUD, back to top of correction to head down.Price has retraced to top of a correction indication we should see further downfall. We had a strong impulse downward from 1.57 range which a bearish continuation is developing. Price is correctively moving back up to the top structure for a good sell opportunity.
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EURAUD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURAUD | Time to Get 30 PIPs and do WondersNow many people think 30 PIPs is way less, but beleive me if you can capture 30 Pips, you can make Millions.
These 30 Pips will be archieved in really short perioed.
PS: You can see the demand area and if you're willing to HOLD the Position, You can get upto 80 PIPs Easily.
The Direction Just Changed and it's time, Beleive me when I say it's Time