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EURAUD trade ideas

Lingrid | EURAUD short from the Strong RESISTANCEThe price perfectly fulfilled my previous idea. It hit the target level. The overall market trend is bearish, with FX:EURAUD consistently making lower lows and lower closes. Despite breaking out of the resistance zone earlier, the price has pulled back to that same zone after a recent impulsive bearish move. The market is now heading towards the conjunction zone, where it intersects with both the channel and an upward trendline. Given the bearish market sentiment, I expect the price to fall from the resistance level. My goal is the support level at 1.61060 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Short
by Lingrid
3
EURAUD LONGPrice has been ranging for the past 2 weeks, Even though it is ranging there is structure to be taken advantage of, and I have enough confluence to execute; Market Structure Bullish On HTF 30 Entry at Daily AOi Weekly Rejection at AOi Daily Rejection at AOi Around Psychological Level 1.60500 H4 Candlestick rejection Rejection from Previous structure Levels 5.31 Entry 85% REMEMBER : Trading is a Game Of Probability : Manage Your Risk : Be Patient : Every Moment Is Unique : Rinse, Wash, Repeat! : Stay Hydrated #Follow#Share#Comment#Boost
Long
by mobbie_zw
1
EURAUD Channel Down bottom = Buy opportunityThe EURAUD pair has been consolidating sideways for almost 3 weeks following the June 26 Low. Even though this is not near the bottom (Lower Lows trend-line) of the long-term (blue) Channel Down, the fact that it is being formed while the 1D RSI is on Higher Lows, indicates a Bullish Divergence. The last such Divergence occurred on December 25 2023, when the pair formed the previous Lower Low (bottom). As a result, this is an opportunity to go long and target 1.64500 (+3.40% as the initial rise of the previous Bullish Leg). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
1
EURAUD Weekly Analysis and OutlookEURAUD Weekly Analysis and Outlook This week, the EURAUD pair has been consolidating, moving within a range, and showing signs of preparing for a significant move. Traders are closely observing the pair as it approaches a crucial resistance level. Current Market Overview: The EURAUD has been in a consolidation phase, moving sideways for an extended period. Despite this range-bound behavior, the overall market sentiment appears to be shifting towards a potential breakout. This is supported by the accumulation of buying pressure near the resistance zone, suggesting a bullish outlook. Expectations and Potential Scenarios: As the EURAUD approaches the key resistance level, several scenarios could unfold, which traders should prepare for: Primary Expectation: Bullish Breakout: If the EURAUD successfully breaks above the resistance level, it is likely to trigger a strong upward movement. This breakout could open the door to higher price levels, offering traders potential opportunities to capitalize on the bullish trend. In this scenario, the pair might target subsequent resistance levels, reinforcing the positive outlook. Alternative Scenario: Resistance Rejection: However, if the EURAUD encounters strong resistance and fails to break through, a temporary pullback might occur. This would allow traders to reassess and look for entry points at lower levels before the upward trend potentially resumes. Monitoring the price action closely at this resistance zone will be crucial to anticipate this scenario. Conclusion: In summary, the EURAUD pair is at a pivotal point, with the potential for a significant breakout after a period of consolidation. Traders should watch for a decisive move above the resistance level, which could signal continued gains and a shift to a bullish trend. Keeping an eye on both bullish breakout and corrective pullback scenarios will be essential for effective trading strategies. Stay updated with market developments and adjust your positions accordingly. By Piptera Digital Solutions, Invest Wisely!
Long
by Piptera-Digital-Solutions
EURAUD I Wait for breakout of descending triangle Welcome back! Let me know your thoughts in the comments! ** EURAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
by BKTradingAcademy
6
Forex Signal Alert: EURAUD (SELL)Dear Traders, We have identified an opportunity to enter a SELL position on the EURAUD currency pair. Direction: Sell Enter Price: 1.60544 Take Profit: 1.6035 Stop Loss: 1.60822 Our proprietary strategy, EASY Quantum Ai, generated this signal based on multiple factors: 1. Technical Analysis: The EURAUD pair has been showing signs of a downtrend, indicated by recent lower highs and lower lows in the price trend. 2. Moving Averages: The 50-period moving average has crossed below the 200-period moving average, suggesting further bearish momentum. 3. MACD Indicator: The MACD line is beneath the signal line, and the histogram shows downwards momentum, corroborating the sell signal. 4. Candlestick Patterns: A bearish engulfing pattern was observed, which is often a strong indication of a potential reversal from a bullish to a bearish trend. 5. Volume Analysis: Increased selling volume supports the expectation of continued downward movement. Please make sure to follow your risk management rules before entering this trade. Best regards, Trading Team
Short
by ForexRobotEasy
EURAUD ANALYSIS 1.0 🚀 Trade Alert: EURAUD Bullish ABCD Pattern & Falling Wedge Reversal 🚀 We have identified a bullish setup in EURAUD, characterized by the following: Bullish ABCD Pattern: Confirming a potential upward movement. Falling Wedge Reversal Pattern: Indicating a trend reversal. Bullish Divergence: Supporting the bullish outlook. PRZ Zone: The pair is currently at the Potential Reversal Zone. Entry Point: Buy Stop: At the recent high Target Prices (TP): TP 1: TP 2: Stop Loss (SL): SL: At the recent low to manage risk Trade Summary: Buy Stop: At recent high TP 1: TP 2: SL: Recent low Trade Type: Long Swing 🎢 Good Luck! 🍀 Stay informed and trade smart! 📊
Long
by Earn_withHassaan
EURAUD Possible Short Position BBMA ReEntry Zone Zero Loss4H - Re-Entry 1H - 50 EMA Rejection + Bollinger Band Rejection 15m - Entry in MAHILO Note: * Cancel trade or cut-loss when candle close Above MAHI (2 Green Color Lines) in 4H * 1:3 RRR * TAYOR A combination of multiple moving averages and Bollinger Bands is the BBMA OMA Ally strategy. It provides an extensive and reliable examination of market trends and patterns by utilizing the strength of both indicators. It is a multi-time frame analysis
Short
by GreggiBond
Trade Signal: EURAUD - SELLEnter Price: 1.60399 Take Profit: 1.60226333 Stop Loss: 1.60687333 Strategic analysis indicates a SELL opportunity for the EURAUD currency pair. This forecast is derived using the EASY Quantum Ai strategy, which leverages advanced algorithms and real-time data evaluation. Key factors influencing this prediction include: 1. Trend Analysis: Current trend indicators show bearish signals, particularly in the short-term and mid-term brackets. 2. Technical Indicators: Momentum oscillators and moving averages converge on a sell signal, backing the ongoing downtrend. 3. Macro Economic Indicators: Recent economic data reports from the Eurozone and Australia suggest relative strength in the AUD, further pressuring the EURAUD downwards. 4. Market Sentiment: Analysis of market sentiment shows a higher volume of sell orders for this pair. Based on these factors, the EASY Quantum Ai strategy projects an ideal entry at 1.60399. Target profit is set to 1.60226333, with a stop-loss placed at 1.60687333 to manage any potential market reversals. Keep trading responsibly and monitor market conditions closely.
Short
by ForexRobotEasy
EURAUD SHORTI will always take an entry in the same level even if last trade was an L as long as I have an edge Market structure bearish DH entry at weekly and daily AOi Weekly rejection from AOi Daily Rejection at AOi Strong Buyer's rejection on the daily candles Around Psychological Level 1.61000 H4 Candlestick rejection H4 EMA retest Levels 4.74 Entry 80% REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Be Patient : Every Moment Is Unique : Rinse, Wash, Repeat! : Stay Hydrated #Follow#Share#Comment#Boost If Price breaks H4 Structure, Order to be cancelled
Short
by mobbie_zw
How to Plot Head & Shoulders Pattern on TradingViewWelcome back, Traders! We’re excited to have you here on TradingView where we share valuable trading insights and educational posts to help you succeed in the markets. Today, we’re diving into one of the most reliable chart patterns in technical analysis: the Head and Shoulders pattern. Understanding and identifying this pattern can significantly improve your trading strategy, whether you’re dealing with forex, stocks, or commodities. What is the Head and Shoulders Pattern? The Head and Shoulders pattern is a bearish reversal pattern that indicates a potential end to an uptrend and the beginning of a downtrend. It consists of three peaks: Left Shoulder: The first peak followed by a decline. Head: The highest peak followed by a decline. Right Shoulder: A peak similar in height to the left shoulder, followed by a decline. The neckline is the support line that connects the lows after the left shoulder and the head. How to Trade the Head and Shoulders Pattern: Identify the Pattern: Look for the three distinct peaks with the head being the highest. Draw the Neckline: Connect the lows after the left shoulder and the head to form the neckline. Entry Point: Enter a short position when the price breaks below the neckline. Target: Measure the distance from the head to the neckline and subtract this distance from the breakout point to set your target. Stop Loss: Place a stop loss above the right shoulder to manage your risk. Inverse Head and Shoulders Pattern Conversely, the Inverse Head and Shoulders is a bullish reversal pattern signaling the end of a downtrend and the start of an uptrend. It consists of three troughs: Left Shoulder: The first trough followed by a rise. Head: The lowest trough followed by a rise. Right Shoulder: A trough similar in depth to the left shoulder, followed by a rise. The neckline is the resistance line connecting the highs after the left shoulder and the head. How to Trade the Inverse Head and Shoulders Pattern: Identify the Pattern: Look for the three distinct troughs with the head being the lowest. Draw the Neckline: Connect the highs after the left shoulder and the head to form the neckline. Entry Point: Enter a long position when the price breaks above the neckline. Target: Measure the distance from the head to the neckline and add this distance to the breakout point to set your target. Stop Loss: Place a stop loss below the right shoulder to manage your risk. Follow us on TradingView for more helpful ideas and educational posts! Stay tuned as we continue to share insights that will help you on your trading journey. Happy trading! - BK Trading Academy
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by BKTradingAcademy
7