Hey traders, EURAUD has been moving correctively for almost one year. According to Elliot Waves, the type of correction that has made is an irregular flat correction that consists of 3 waves: Wave A= 3 waves Wave B =3 waves Wave C = 5 waves Wave C is an ending diagonal = Reversal will happen. In addition to that, we are seeing nice divergence which...
EUR/AUD could rise towards a pullback resistance and potentially reverse off this level to drop towards our take-profit target. Entry: 1.65590 Why we like it: There is a pullback resistance level Stop Loss: 1.65909 Why we like it: There is a pullback resistance that sits above the 50.0% Fibonacci retracement level Take Profit: 1.64503 Why we like it: There is a...
After fail breakout under trading range, price firm a v bottom that is sign of final flag and climactic reversal. So, I think its of bullish reversal and time to long EURAUD. Trade safe. Happy Christmas.
We are looking for another buy entry on PEPPERSTONE: EURAUD.As we know price trending up side. Atleast in this time we are looking for another one more leg up.
Looks like a PEPPERSTONE: EURAUD price setting for another buy setup. if the price reaches 50% of 4H POI I'm looking for LTF for another buy setup.
I Have plan for this pair. I'm still awaiting for confirmation before entry. If you have any idea and suggestion, leave comment below here. Don't forget to like. Good Luck
As trend is down trend so we expect another short.
As i can see this pair has drop allot now reach at near daily based support zone so we expected this retest to our design levels from given buying area we will trade this pair for a small risk and higher rewards Friends push like and comment Follow us for more updates on all our analysis
Broken rising wedge, retesting now. Support at 1.67. A break lower would signal a short. If the indices are bullish today then, then AUD should go up as well. Please support the idea and share your thoughts on EURAUD!! Good Luck and Stay Healthy!
Last week market was going sideway (Accumulation) which was giving us a sign of there gonna be a new long coming.
Rising Wedge and Double Top Pattern forming , i am waiting for Reversal trade Entry. Sell on Breakdown. ThankYou
We can see More upside Move till to test the Swing High then can see Reversal in downside. ThankYou
Trendline has been broken in downside , Now i can expect a drop in dowside, making BearFlag continuation pattern also. Let see how market prforme. Best of luck.
Longs to ceiling look prime for entry. +124 pips to the top ceiling of the current range higher.
EURAUD is approaching a weekly trendline where it will either bounce or break through. Personally, looking at price action, I believe price will break through and fall to around 1.5800 before retracing back up to retest the trendline as resistance at around 1.6000. However if price bounces we could see it coming back up to the liquidation zone at around...