EUR/AUDDIP or DEEP?
Come to look at my view from this pair!
Comment below if you have something to discuss!
Longeuraud
long EurAudIt is a risky trade since monthly and weekly frames show bearish mood,but we can not trade long for two reasons:
First,AUDUSD on a monthly frame,price touches a 21 months simple moving average and price may go down.
Second,EurUSD shows a nice moves in the last three days and keep m bullish mood trading.
EURAUD will make another attempt to break the resistance 1.5660EURAUD Buy
SL 1.5500
TP 1.5660
TP2 1.5780
TP3 1.585
TP4 1.5950
EURAUD Bullish Flag? I am expecting a some bullish pressure.
1. Price has found support and appears as if it's setting up for a chance to breakout out of the bullish flag.
2. Price respected the lower trendline of the flag pattern.
3. Price also retraced and found support at the 50.0 Fibonacci level.
The combination of the previous 3 statements eludes that there is a MAJOR support area at that location. It will take heavy bearish pressure to fall below this zone.
I already entered this trade, but to be safe one can set a buy stop above the channel to be safe.
This break out may take some time to form, so if you enter set a decent size SL, and relax.
If one take a look at the daily time frame, you will also see that price formed a double bottom.
Price met support and has begun a push to the upside.
LONG EURAUDEURAUD approaching 1.5612 wait for price to get here then go long. Targets 1.5770 area. Use proper money management.
Once a trade is in profit always move your stop to entry that way you wont loose any money during any reversal.
Tight stops as always.
buy for euraudafter forming a 5 wave falling diagonal, a breakout occured. however for any impulse wave, there is a retracement so for now we wait for price to retrace so that we can buy from there... apply risk management and my setup is invalid if price hit my stoploss
long euraudlong euraud for the target that shown in the chart. Bull flage is firmed and Fibonacci cluster supported the price.
EURAUD Surge on the way !!the exotic pair traded in a side ways ranging market for a long period of time, last week we witnessed a breakout to the upside
in which a bullish momentum is gained.
a retest was made by the pair during the Asian session today!! and the critical level acted as a great support.
a potential bounce can be seen from the current levels or from 1.6505 level.
the stop loss to this trade is a 4 hours candle closing below 1.6400 level with a great risk to reward ratio, since we are waiting this pair to target 1.7000 as a first target
EUR/AUD TO 1.64200Fib retest after forming a swing high, then up to the -27.00% which correlates with a significant high around the 1.64200 zone. Momentum has shifted from bearish to bullish if you check higher timeframes such as the weekly.
EUR/AUD 4H Long opportunity we can get a long trade form 1.58070 - 1.58200
with TP1 : 1.59150
TP2 : 1.60650
stop lose : 1.57580
This is not an investment recommendation or any call to buy or sell
It is just an analysis based on a study of the history of price action
Behavior , that may not be a necessarily reason for the success of
the structure or repetition. So please make your decision based on your vision .
To protect capital and manage your deals and trading successfully
the maximum loss in each transaction for the same currency or
commodity in the same direction should not exceed ( 2% ) of the capital .
Good luck >>
Breakout sell level. Start buying on EURAUDPrice breakout sell level. So we need to buy now.
Open long on EURAUD 1,5749
SL - 1.5709
TP - 1.6077
RRR - 1:8.44
Very big TP so we close position early than TP.
AUDUSD and AUDJPY going lower so it good potential to take some pips.
Let's catch some profit:)
Good that i closed sell positions on last idea on EURAUD
EURAUD buy pattern. It can go to the moon!I bought EURAUD for few reasons
1) EURUSD going higher
2) AUDUSD going lower
3) EURAUD has good buy impulse and breakout main levels near 1.5918 and 1.5874
So i take buy order at 1.5971 SL - 1.5827 TP - 1.6560 And RRR - 1:4
Yes, big SL. Use small lots.
EURAUD - WEEKLY SWING - 24. SEPTEMBER 2018WELCOME TO DACAPITAL TRADING!!
WEEKLY FOREX MASTER SIGNAL
4 HOUR
Takeout of 1.60040 Key level with instant reaction to that
DAILY
Market back bullish after a small pullback
WEEKLY
Overall very bullish with strong pressure
LEVELS
BUY EURAUD @ 1.61650
SL @ 1.60240 (140 Pips)
TP1 @ 1.63160 (150 Pips)
TP2 @ 1.63750 (210 Pips)
SL TO BREAK EVEN @ HIT OF 88.60% FIB LEVEL
„Weekly Swing trade with good Entry and RR.“
Enjoy our limited Content and Setups,
leave us a like and Comment!!
Eur/Aud set for the 5th wave upThe Daily chart seems a little confusing as far as structure. Zooming out to the weekly we can clearly see that price wants to go up for one more move. I`m not sure how far it would go but I don`t expect it to go way above the 3rd wave top. After the 5th wave is over, we should see a deeper zigzag correction to one of the support levels (with yellow dotted line), before continuing the bigger move up.
Euro appreciated a lot against most of the currencies and looks ready for a bigger correction on all the pairs.
LONG EURAUD - STRAT TRADE: 99.13% PROBABILITY OF REVERSALLong EURAUD:
1. Based on the last 16yrs of daily close data (since 01/01/2000 to date) EURAUD has a cumulative probability of a =>6th day lower at 0.87%, hence there is a implied 99.13% chance of reversal on the daily.
Trading Strategy:
1. Buy EURAUD at market in 1xlot, and add 2x on each daily close lower from here. Start in VERY small lots to reduce risk and ensure you can add on adverse moves lower. TP is the next daily close higher.
Any questions please ask - also see performance attached of recent trades using the same stats
