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.
Euraudsignal
DeGRAM | EURAUD buy pullbackEURAUD moving in the ascending channel and to the support level and lower border of the channel, which act as dynamic support.
Price pulled back to support zone with deceleration.
The market is trading the psychological level 1.5700.
We expect retest of the resistance level.
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DeGRAM | EURAUD ascending channelEURAUD has reached the support level and lower border of the channel, which act as dynamic support.
The price has rebounded from the psychological level of 1.55000.
We expect a further bullish move until the trend is broken.
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20 Reasons for sell EURAUD 🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1 ✨Eagle eye: prices side way or in a range from last 10 years to date
2 📆Monthly: a clean bearish trend also filled their correction
3 📅Weekly: after a weekly correction, now price grab one all liquidity as a flag pattern and forming upper side wicks candle
4 🕛Daily: a long consolidation and Wyckoff spring all major resistance at the point
😇7 Dimension analysis
🟢 analysis time frame: Daily
5: 1 Price Structure: Sideways
6: 2 Pattern Candle Chart: Wyckoff
7: 3 Volume: below average
8: 4 Momentum UNCONVENTIONAL Rsi: Sideways
9: 5 Volatility measure Bollinger bands: Head fake
10: 6 Strength ADX: sideways
11: 7 Sentiment ROC: Eur is weaker than AUD
✔️ Entry Time Frame: H4
12: Entry TF Structure: Clean bear
13: entry move: impulse
14: Support resistance base: previous Resistance Ob Base
15: FIB: triggered
☑️ final comments: sell right now
16: 💡decision: sell
17: 🚀Entry: 1.5528
18: ✋Stop losel: 1,5565
19: 🎯Take profit: 1.5381
20: 😊Risk to reward Ratio: 1:5
🕛 Excepted Duration: 5 day
DeGRAM | EURAUD moving sidewaysEURAUD has reached the major resistance level .
The market is moving sideways.
Price is approaching the resistance level that was respected multiple times before. Look left.
We expect a further sideways move until the new trend is confirmed.
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DeGRAM | EURAUD ranging between levelEURAUD has reached the major support level.
The market created consolidation pattern: Cypher pattern.
Price is approaching the support zone that was respected multiple times before. Look left.
We expect a pullback.
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DeGRAM | EURAUD selling opportunityEURAUD bounced off the major resistance zone .
The market is moving in an expansion-pause pattern.
Price is approaching the resistance zone.
We expect a down move to the support level.
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DeGRAM | EURAUD sell pullbackEURAUD has reached the major resistance zone.
The market pulled back to the resistance zone with a deceleration.
Price is approaching the resistance zone that was respected multiple times before. Look left.
We expect a down move to the support level.
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DeGRAM | EURAUD descending channelEURAUD is trading in the descending channel .
The market is consolidating at the resistance level.
Price action is printing HLs/LLs and likely to test the support level.
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DeGRAM | EURAUD buy pullbackEURAUD moved out of the ascending channel.
The market formed a consolidation at the major resistance zone .
Price is testing the support + trendline.
We expect a retest of the resistance.
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EURAUD is set for 210 pip move!!EURAUD 4h, after quite a little time back and forth finally is forming a bullish engulfing on the 4h. Price already tested the trend line and now, as the long trend is bullish price is likely to push up to test the long-term monthly resistance level.
After the candle close, upon the formation of a bullish engulfer a buy trade is highly probable!!
DeGRAM | EURAUD buy pullbackEURAUD moving in the ascending channel .
The market pulled back to support zone with deceleration.
Price broke and closed above the psychological level.
We expect retest of the resistance level .
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DeGRAM | EURAUD pullbackEURAUD is trading in the ascending channel .
The market formed a range zone at the resistance level .
Price is making lower highs and higher lows, indicating a consolidation.
We expect a pullback from major the resistance level .
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