EURAUDIs EURAUD exhausting at resistance zone?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence( on lower time frame) suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 1.6300.
What you guys think of it?
Euraudshort
EURAUD - Long to resistance ✅Hello traders!
‼️ This is my perspective on EURAUD.
Technical analysis: As we can see here price is in a range for couple of weeks, so I expect to see a rejection from support zone + institutional big figure 1.65000. My target is resistance zone.
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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.
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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
EURUAD potential sell updateas you guys can see euruad is playing out as planned ill make sure to put analysis i shared a hour or two ago to this description but now ill just waiting on a pull back for confirmation so ill just be watching closely because this move could happen really fast.
*EURAUD/SELL
Yemi_Fx1 | Sell For EURAUD Before the major bull move The long-term view (eagle view) of EURAUD is bullish, but in between we can see a bear setup based on the 1HTF.
A preceding impulsive move of a bearish continuation pattern (Flag). Patiently waiting for this pattern to build up.
The short-term flag pattern suggests a potential downside move within the larger bullish trend.
We may see a rejection of price at the lower dynamic trendline, then next tou retest the upper zone before it sell off.
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EURAUD potential sellon the higher time frame EURAUD had been in a overall correction stage and im looking to get into sell after i see a good opportunity. On the lower time frames EURAUD market behavior is moving to the upside in a very slow and consilidating manner like a bearish flag so this is making me feel seller will take control later on during the week for sells.
EURGBP/EURJPY/EURAUD UPDATE! 2/6/2024Im going to attach my analysis from last night to this thread but mainly i was only anticipating these euro currency pairs to go short. they were all high probability set ups with multiple confulences. now ill be waiting for shorts to continue throughout the week holding these trades.
*eurgbp
* Eurjpy
* euraud
EURAUD/rising wedge SHORTEURAUD rising wedge gave me a signal showing bearish price action inside the wedge so i entered sells. if you did not catch this trade with me just watch how it plays out and as a trade look and pay attention to market behavior and ask yourself "why" is price selling off at this level.
*pay attetion to market behavior and (evidence) market give before a move happens.
EURAUD SHORT
EURJPY/EURGBP/EURAUD SELLThe euro is showing multiple signs of bearish price action. my prediction is that most of the euro will be bearish for the rest of the week but these 3 currency pairs are all high probability trades for me. watch these bearish trades with me:) thanks for watching and watch my ideas and watch how accurate they all are.
*Eurgbp
* eurjpy
*euraud
SHORT
Short/Sell EURAUD Trade plan My Trade plan
I have short EURAUD at 1.65739.
I will trail it til 1.63565 (3rd Target) but will unload some at target 1 and 2. Stop loss is at 1.66235.
Disclaimer
I am just trying to keep my trades public and it’s only for education purpose and for my own record. Please do your own analysis before taking any trades because trading is very risky.
EURUAD I Detailed analysis ahead of AUD Cash Rate ReportWelcome 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!
EURAUD I Impulse correction I SHORT! 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!
eurnzd. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
euraud sell signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
EURAUD Sell tradeWe looking at 2 scenerios for the sell.
We would confirm with smaller TF for entry.
So look out for sell in the blocks.
Entry scenario 1 - Around @1.65279-1.65428
Entry scenario 2- Around @1.65000 - 1.65550
Or you can risk entry now and then increase SL while you cut your risk percentage
TP1 - 1.64107
TP2 - 1.63194
EURAUD may declineEUR/AUD has recently formed a bearish rising wedge pattern, and a decisive break below the trendline suggests a potential for further decline in the price. This technical formation typically indicates a weakening bullish momentum and an increased likelihood of a downward correction.
GBPAUD Short Signal Reversal StrategyHi guys, its your girl forex potatoe and its another week of opportunities.
January as been a pretty slow month for swing traders but here we have an opportunity to short GBPAUD, i am just took a short on this trade with my stop loss and take profit in appropriate places as with my tool.
GBPAUD has been in an uptrend and has encountered a solid resistance and its having problems going through it, this is the third time that its showing signs of weakness and we all know how third strong third touches can be. In addition to that we can see the Daily RSI is overbought and just crossed the 70% mark, a head and shoulders pattern together with a bearish engulfing candle stick are confluences that supported my sell decision
I am expecting GBPAUD to drop from this resistance and reverse all the way down.
Kindly hit the boost , leave a follow and let me know what you think of this idea in the comment section
EURAUD 4 HR | Bearish ContinuationGBPAUD could fall 225 pips if it can stay below 1.65699.
Why 1.65699?
Let's just round it and say $1.657 Australian dollar. The price for the EURO is decreasing which means Australians are able to buy the Euro at a cheaper price.
Evidence
High(H) & Low(L)
Per the 4 our timeframe, price is declining. The current falling price of the Euro price per the Australian Dollar has been 1.65700(H), 1.62723(L), 1.65699(H), 1.64281(L).
We can see the high and low prices are decreasing hence what is called LOWER LOWs and LOWER HIGHs.
Actions
The best action to take is to sell since currently the trend is down. That is what the chart per this timeframe is showing.
The best price to sell below as stated above is 1.65699. The entry price is between 1.65350 and 1.65699. This range equates to 35 pips.
This means if you enter at market order, you can wait for price to enter the range and provide evidence price can decrease.
Or, if you set a pending order , you can set a pending order at 1.65350 with a TP down to the low or further.
Why do I believe price can fall 225 pips? This is a Reward to risk drop from the pending order price of 1.65350 based on my stop loss placement.
Sidenote:
Your Reward to Risk will vary from mine analyzing this trade using your own risk management strategy and trading plan.
What can invalidate this trade?
If price pushes higher than 1.65699, showing evidence buyers have taken control, the trade in invalidated.
What would this mean?
If you entered the trade and price went higher than 1.65699 you'd be stopped out. However, if price were to continue lower without pushing past the highs, you'd be in profit.
Should you trade this?
If this fits how you trade, yes.
If not no.
Let's keep it that simple.
I hope you enjoyed this analysis.
Like this post and share it if you did.😁
Many blessings,
Shaquan
EURAUD - Look for a short position ✅Hello traders!
‼️ This is my perspective on EURAUD.
Technical analysis: Here I think we are bearish, so I look for a short position if price fulfills the imbalance higher and then rejects from bearish order block. My target is liquidity below equal lows.
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