💢SELL EURAUD at the best price and place💰🧨🔰You can see the analysis of the Euro-Australian dollar currency pair in the 30-minute time frame(EURAUD_ 30min) 🔍🧨🧨
💥The price is currently in the support zone caused by the UP trend line🖤 If the price can break❗ the UP trend line🖤 downwards and stabilize❗ below it, in the pullback🧐 area, the price is the best place and price to sell this currency pair, and there is a possibility that the price will fall to the DEMAND zone🔻
Do you think this analysis can be profitable❓
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Euraudshort
EURAUDam analyzing this on popular private demands from my followers.
am expecting EURAUD to drop if price continues to trade below 1.5328, price has initially dropped from this point earlier this week. and it has done the required retracement... once price gets to the box start looking for your sell entries . am expecting a 250pips to 300pips drop.
stay tuned for more updates
EURAUD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find a 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.
EUR/AUD :: Back to the blue line !EUR/AUD :::
The price has broken the orange channel, although it has not stabilized in the higher time frame, and it is likely that it will move towards the support of 1.52 after hitting the stronger resistance that is in the range of 1.537.
Currently, the blue line is the best way to follow the price .
⁉️ EURAUD - Market AnalysisHello traders!
⁉️This is my analysis on EURAUD .
Here we are in a bearish market structure, so I am looking only for shorts. I expect price to continue the retracement and to reject from bearish orderblock + institutional big figure 1.52000.
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EURAUD possible short for 1.461016th September daily key reversal bar made a new high closed towards the low. 19th & 20th September daily inside bars range confined within the key reversal bar range. 21st September daily insurance bar broke low of previous three bars low. 22nd September look like coiled bar. Suppy zone for short 1.4885-4935. stop loss 1.4960. target: 1.4610
EURAUD - Short Opportunity.Hi Traders,
I have a short opportunity for EURAUD here.
The reasoning has been demonstrated in the chart using annotations. But, to sum up you can see that the area of entry has good confirmation confirming a move downside. This includes:
- 3rd touch and rejection of the trendline.
- Resistance zone rejected.
- The rising support trendline was broken (waiting for a clean retest and rejection of the resistance zone again before short entry.
- My target is the support zone highlighted in the chart.
We'll see how this works out.
Thanks for taking the time to read!
- SilencedTrader
*Disclaimer*
I am not a financial advisor. This post is strictly for educational purposes only. Trading involves substantial risk of loss and is not suitable for every investor. Protect your capital at all costs.
Enter anything I post at your own risk and discretion.
EURAUD - New Impulse Brewing From the setup above we can see price is clearly on a downtrend on higher timeframes. We had a little bit of bullish pullback to previous level of supply. This was a 61.8% retracement on the Fibonacci level which aligned with the descending trendline. We have more than 3 confluences to look for sells from current price
- Bearish trend still obvious
- Price failed to create a new high
- Rejected 61.8 Fib level
- 4hr break of structure
- Bounced off the descending trendline
To go short on this trade, our Stop loss will be placed few pips above the trendline (1.50000). Our first take profit would be targeting the recent low where priced bounced to the upside (1.44000). Second TP will be at 1.40000.
We are looking at a 450 pip swing take profit for TP1 and 800+ pip for TP2. This is a swing setup, apply risk management 💙
EURAUD SHORT The price make nice break out for short trade with many confirmation on it, as you all can see channel pattern from daily price already touch the upper resistance channel pattern with nice breakout from the flag pattern and resistance area. The price also make nice big red candle confirmation so i assuming it will low as target. Remember your money management !
Looking to sell the EURAUD resistance.EURAUD - Intraday - We look to Sell at 1.4925 (stop at 1.5000)
Previous support located at 1.4850.
Previous resistance located at 1.4900.
Prices expected to stall near trend line resistance.
Risk/Reward would be poor to call a sell from current levels.
A move through 1.4850 will confirm the bearish momentum.
Our profit targets will be 1.4775 and 1.4750
Resistance: 1.4900 / 1.4925 / 1.4950
Support: 1.4850 / 1.4800 / 1.4775
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EURAUD bearish continuation the week of 12 Sep 2022This pair has been bearish for a while, for the most part has been respecting previous significant levels (areas). The bulls tried to break and hold above the 1.4800 area last week but did not succeed. I am looking to see if they attempt again and another failure will provide a nice shorting opportunity.
If this happens, we could be looking at a 4R trade that will be in line with the major trend.
Always use sound money and risk management and stay patient in all your trades.
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