Euraudtrade
EURAUD - look for potential selldown for this pairHi all traders.
Am looking for this potential retracement then major sell down for EA.
Cheers!
EURAUD potential for 450 pips upside move.If you see the chart you should understand why I have said that. Waiting for a proper deep pullback with a bullish entry reason to go long on this. The trade is only valid if we see a bullish entry reason at the entry point shown in the chart.
Let me know your thoughts.
Trade safe and good luck.
EURAUD - SHORT / RISING WEDGEI believe my initial analysis of this pair was incorrect, upon further analysis we can see divergence on the weekly TF, as well as price, breaking the weekly trendline
If you notice we also have a rising wedge pattern which is another indication of a change in trend
We will wait for a breakout and a retest before entry on a lower TF
EURAUD / EARLIER ENTRYThis pair is currently retracing so we can look for an earlier buy opportunity here
EURAUD - OPPORTUNITY TO GO LONGAs we can see in this chart price was rejected from this area previously and I am looking for a bullish breakout of this area before buying to the next level of resistance
EURAUD / BUY OPPORTUNITYWaiting for price to break the highlighted area before buying to the next rejection area
EURAUD / WHEN IT COMES BACK FROM NEVERLANDIt flew to the moon lol wait for it to break support and were shorting
EUR/AUD Simple Range tradeEURAUD is moving back and forth within this range. So, right now, buyers can buy at this Support Level and Target the resistance level as TP area.
Possible buy Signal:
Entry :1.6250-1.6290
SL :1.6210
TP :1.6420
Don't forget to use proper risk management for this trade.
EUR/AUD Technical Analysis
The counter has been confined into an asymmetrical pattern for the past few months, which depicts indecisiveness.
Now, it has made a bullish breakout from the pattern.
Further, it has formed an inverted head and shoulder pattern and broke out of the neckline.
Hence, we expect the pair to be bullish in the short-term.
EURAUD - BUYThere is divergence on 4h timeframe, currently waiting for this level of resistance to be broken before placing a buy to the green area
EURAUD - BUYCurrently waiting for price to break through this level before buying to the green area
There is divergence shown on the 4h timeframe and will be placing a trade based on price action
EUR/AUD, we are here about to go Long.EUR/AUD is forming an inverted head and shoulders formation. If price action remained the same, we would be looking at going long here.
EURAUD - SELLOnce support has been broken its a sell to the bottom, price has tested this area several times and bounced off but once it breaks it should free fall
EURAUD Buy signal setup 3hrEnjoy a free signal before the week gets started
Feedback, Likes, comments, and shares would be appreciated.
We have left a major 3hr s/r area where market has had a reversal
This would be a great opportunity to catch the trend reversal
Also we have 2 major monthly downtrend and uptrend lines colliding
Market has respected the major 12hr uptrend line, soon as it reached we saw a rejection 3x
then market rose to test a major 3hr downtrend, we saw a rejection
Currently looks like we are gonna be in a triangle pattern
I want to the market go down and test my major 3hr s/r area
and also possibly test the major 12hr uptrend line again
This should fuel the bulls to break up and above the major 3hr downtrend line
Currently we are just waiting for the best entry our chances look good.
EURAUD
Buy Limit: 1.6210 (Best entry takes the most patience)
Stop loss: 1.6110 (100 pips risk)
Take profit: 1.6710 (500 pips reward)
Risk: 1% to 3% of account (recommended)
Reward/Risk: 5.00 (500/100)
Buy Stop: 1.6310 (Only when market goes below this price will you be able to execute this order or you can use a buy limit)
Stop loss: 1.6110 (200 pips risk)
Take profit: 1.6710 (400 pips reward)
Risk: 1% to 3% of account (recommended)
Reward/Risk: 2.00 (400/200)
LONG on EURAUDPlaced a Buy limit around the 61.8 retracement level. I am confident that price will retrace from this level as we have created a double bottom in the past.
EURAUD approaching support, potential for a further rise!
EURAUD approaching support at 1.62299 where it could potentially rise further to 1.64748.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURAUD M30Going for at least 50 pips on this short; has higher time frame resistance might push it down. Riskier than other trades this week.
EUR/AUD, Sell Pullback after clear BreakoutEUR/AUD has just broken the areas of support. One is more important, the second one is just for confirmation. I expect the price to come back down to where it was a few months ago
