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Euraudshort

EURAUD,🔴It Bearish...?🔴(Details on Caption) I like this chart 📊 Please pay attention to the details. The price did the stop hunt and create the FVG, then could not continue to go higher and created the inversion. After that, by closing the candle's body below the last down-close candle, the price activated the breaker block, and also the market structure shifted. Now, the price has moved higher and it is close to the premium, so we are looking for a sell position. In that case, a bearish breaker block and buy-side liquidity formed inside the FVG are our confidence in a bearish move. It is a high-probability setup, but this market is all about probability, so stick to your risk management. Do not forget we need LTF confirmation to execute the sell position. 💡Wait for the update! 🗓️15/03/2024 🔎 DYOR 💌It is my honor to share your comments with me💌
Short
by VahidTradingCR
11
EUR/AUD SHORT from 1.6545EUR/AUD has hit a band of resistance under the WPP pivot at 1.6567 which coincides with the 200 EMA on H1. With the 200 and WPP above the price, then EUR/AUD BULLS will have their work cut out to push the price musch higher and this gives us a natural STOP for SHORT trades at 1.6574 (29 pips). However. This trade carries risks as we have few confirming indicators. The Andean Oscillator has the red SELL line flat and we would like to see this above zero although it doesn't look like it will be long before it turns north. The Pivot Point SuperTrend has been signalling a SELL trade since last Wednesday so this is good. RSI is in midtable and tells us little and MACD has the fast and slow MA's locked together both reading close to zero so we have directional information just yet. The last 3 H1 candles could be considered a triple top and these tops have all touched the 100 EMA on H1 and been rejected. This looks a SHORT trade set-up and with news out of the way we could see this pair head lower but this will have to be watched. Target initially is support at 1.4679.
Short
by forextraplaces
EURAUD can melt downThe EUR/AUD currency pair has recently exhibited a classic head and shoulders pattern, signaling a potential reversal in its trend. With the neckline breached, this suggests a confirmation of the pattern. Traders may anticipate further downside movement as this pattern often indicates a shift in momentum from bullish to bearish. Monitoring price action and key support levels could provide insights into the extent of the potential decline in the pair's value.
Short
by indaytrading
Sell EURAUD Channel BreakoutThe EUR/AUD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined bearish channel pattern. This suggests a shift in momentum towards the downside and a higher likelihood of further declines in the coming minutes or hours. Key Points: Sell Entry: Consider entering a short position around the current price of 1.6620, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: Initial bearish targets lie at the previous support levels within the channel, now acting as potential resistance zones: 1.6525 and 1.6479. Further downside targets could be determined using other technical analysis methods like Fibonacci retracements or extensions. Stop-Loss: To manage risk, place a stop-loss order above the broken support line of the channel, ideally around 1.6660. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Thank you.
Short
by KABHI_TA_TRADING
6
Eur/ Aud SellEA has been shooting up for a while and has tapped and induced into supply taking out the equal highs and early sellers and now broken structure to the downside both on the 5, 15mins & 30mins. Upon seeing a decent retracement back up I entered sells @1.66900 with stop loss @1.6705 (risking 15pips). TP1: 1.66500 TP2: 1.6605 TP3:1.6585 TP4:1.65600 * Where has the market moved since I entered my trade? Slight profits * If I looked at the market now, would I take the same trade? Yes * How do I feel about my trade? Optimistic * What do I like about this trade ? precise entry & multiple confirms & confluences * What do I dis-like about this trade now? nothing * On a scale of 1 to 10, where would I rate this Trade now? 7/10 * If I were not in a trade now, would I take the opposite trade ?no
Short
by mrachaw
EURAUD Trading Plan 28/Feb/2024Hello Traders, Hope you all are doing good!! I expect EURAUD to go Down after completing this wave. Look for your SELL setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
Short
by For3xScalper
EURAUD I Ranging but expect price to react from EUR CPI data Welcome back! Let me know your thoughts in the comments! ** EURAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
by BKTradingAcademy
EURAUD I Bearish market structure and more potential downside Welcome back! Let me know your thoughts in the comments! ** EURAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Short
by BKTradingAcademy
4
EURAUD !! Trend DOWN, SELL now⭐️ Smart investment, Strong finance ⭐️ Personal comments NOVA: DOWN trend, stable trading below the EMA lines, establishing a SELL signal ⭐️ SET UP EUR / AUD PRICE: 🔥SELL zone: 1.65200 - 1.65350 SL 1.65800 TP1: 1.65000 TP2: 1.64700 TP3: 1.64300 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️ NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
Short
by Nova-Scalper
2