POSSIBLE SELL OPPORTUNITY ON EURAUDPrice showing signs of strong momentum. We look for the pullback to take the trade.
EURAUD trade ideas
EUR/AUD Change of structure, time for correction.Hi guys today we are analysing the EUR/AUD currently it has broken out of an ascending channel formulating a correction / consololidation on the previous support level at 1.65500.
Additionally we can se that the RSI at least on 4H has already entered a descending channel indicating that the price is going to drop down.
Entry 1.66500
Target 1.65500
We are chasing 100 pips here, then if it continues we will revisit this analysis and look into a further drop.
P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my community so you can follow up with me in private!
EUR/AUD "EURO vs Aussie" Forex Market Heist Plan on Bearish🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
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Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the EUR/AUD "EURO vs Aussie" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Green Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. 👀 So Be Careful, wealthy and safe trade.💪🏆🎉
Entry 📉 : You can enter a Bearish trade at any point.
however I advise placing sell limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest high level should be in retest.
Stop Loss 🛑: Using the 30min period, the recent / nearest high level.
Goal 🎯: 1.65800
Scalpers, take note : only scalp on the Short side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
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Fundamental Outlook 📰🗞️
Considering these factors, the EUR/AUD pair may experience a Bearish trend in the short-term, driven by:
The Eurozone's economic slowdown and low interest rates.
The Australian economy's moderate growth and potential interest rate hikes.
The yield differential, which favors the Australian dollar.
Bearish Factors:
The Eurozone's economic slowdown and low interest rates.
The Australian economy's moderate growth and potential interest rate hikes.
The yield differential, which favors the Australian dollar.
The potential for a decline in the Eurozone's trade balance surplus.
The RBA's potential rate hikes, which could increase the yield differential and support the Australian dollar.
Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions.
Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan.
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BULLISH MOVEMENTOverall trend ascending channel. EURAUD still going to give bullish movement to complete the D leg of daily timeframe W pattern. So I'm looking to BUY at the strong support which is also inline with the trendline support. And the second entry will be the current resistance break(CRB).
EURAUD Ideathis pair has formed a valid ascending channel and now he broke it so we need a rejection from a retest (the retest can be on the below trendline of the channel or on the breaking point o the last touch)
be patient to take that trade
Follow us or more updates and ideas
EURAUD BUYERS..buyer pressuer is confirm but i see h&s pattern so price may come down before going up to complete this pattern.
euraud analysis elliot. 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
Bullish bounce?EUR/AUD is falling towards the pivot and could rise to the 1st resistance.
Pivot: 1.66281
1st Support: 1.6560
1st Resistance: 1.67917
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Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
This #1 Chart Pattern Will Help YouI was trying to buy the break out in natural gas
about 2 weeks
ago, and then it crashed
and then bounced back up..
the volatility in the futures markets is insane
Also the lack of liquidity can be a challenge
Now if you look at this chart you
will notice this candle stick chart patterns
its called the piercing pattern
now this pattern is basically
when the green bar- opens below
the previous "wall of sellers"
and then closes above the last close
this is a bullish pattern, which I learned from
reading Steve Nisson's Book
on candlestick charting.
Also if you combine this technical analysis with
the rocket booster strategy
you will
get to see the full picture
of this price action going up
if you want to learn more about the rocket
booster strategy check out the resources below.
Rocket boost this content to learn more.
Disclaimer: Trading is risky you
will lose money so please learn risk management
and profit-taking strategies
also, use a simulation trading tool before
you trade with real money
EURAUD sell setupOn EURAUD we have been in a bullish trend for quite some time, hence currently we are waiting for price to reach our area of interest to place buy positions to try and take advantage of the prevalent bullish momentum.
EURAUD buy setupOn EURAUD we have been in a bullish trend for quite some time, hence currently we are waiting for price to reach our area of interest to place buy positions to try and take advantage of the prevalent bullish momentum. You will see on our analysis we always have two areas we are interested in. This is done in accordance with our strategy toking into cognisance that trading is a gam of probability than a game of certainty.
euraud analysis elliot. 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
Continuation towards the upside?Risky EOM & EOY trade. Looking for a continuation towards the upside. Price looks like it's rejecting off the H4 SNR zone with a trendline and psych level as confluence
EURAUDWe bouncing off previous resistance zone and off the H4 support trendline. Looking to touch the last previous high. Set stops at your desired level.
Please compare with your analysis before entry.
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 short term buy EURAUD looks to have bounced off a key support zone it respected before. I’m aiming for 1.68, which is about an 80+ pip move. Let’s see if the bulls can keep the momentum going.
EurAudWith prices reaching and taking out the previous high, there is a high probability of price to continue to the downside long term.
EURAUDThis is a bearish gartley.
Do what you need to find TP / SL.
This is looking sellish because of the pattern and other reversal strats.
Happy Trading
EURAUD | Big Resistance Zone EURAUD is heading in this big resistance zone. Since last year price has been rejected up to 5 times.
Last 5 weeks I was looking for long positions but will be looking for a shift of the trend.
Let me know what you think!
euraudThe 4 TP zone that I gave for the channel that it made for Euraud before has also been reached. The channel is currently in the resistance zone for the flag formation it created. The main target zone for the long position that will be opened after the breakout is the 1.95-2.00 zone.
euraud tp4??I have previously shared 3 TPs for the Euraud parity, we have reached all 3 targets. I hope you have evaluated it. Next is our 4th TP region, if it reaches this level, we will expect a breakout.
EURAUDEURAUD WILL CONTINUE its upswing based on technical information ,but on fundamental the structure can change.
