EURAUD SHORTThis is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
EURAUD trade ideas
EURAUD is in bearish trend.EURAUD 2H chart is in bearish trend in which we can observe formation of flag. There is also no presence of divergence so we can take entry on the break of pole by keeping previous LH as our stop loss.
EURAUD SHORT
Daily:
- H&S pattern
- Bearish indication candle
- Clear selling region in the past
Weekly:
- Candle close with us
- S&D zone with us
*Bearish weekly W can play out
2/4 indications short
4H:
- Bearish MS
- Bearish W with BoS
EUR/AUD BEST PLACE TO SELL FROM|SHORT
Hello,Friends!
EUR/AUD is trending down which is obvious from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a classical trend following opportunity for a short trade from the resistance line above towards the demand level of 1.636.
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EURAUD SHORT CALLAfter much deliberation and chart call i see a new move of the trend downward since price fail to break the last high
EURAUD - Wait For The Bulls ↗️Hello TradingView Family / Fellow Traders,
On Daily: Left Chart
EURAUD has been hovering within a big range between our blue support and red resistance.
Currently, EURAUD is approaching the lower bound of the range, so we will be looking for buy setups on lower timeframes.
On 1H: Right Chart
📈 For the bulls to take over, we need a momentum candle close below above the last major high highlighted in gray.
📉 Meanwhile, EURAUD would be bearish short-term and can still trade lower inside the daily support.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
EURAUDEURAUD was trading under declining trendline. The price was reacting well the support and resistance of trendline .
Currently the price has given the massive breakout from falling wedge and after successful retest of the level will be bullish signal and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target could be 1.6500
What you guys think of this idea?
Strifor || EURAUD-30/04/2024Preferred direction: BUY
Comment: After negative data on retail sales in Australia , the AUD is losing ground, and here we can count on a short-term weakening of this currency. This trend is also confirmed by technical factors. For the EURAUD currency pair, a test of the area is expected at the level of 1.64767 , where the limit seller area is located. Most likely, this will realize today, the deadline is tomorrow. After which, sales will most likely resume.
Additional comments on this trade will be provided as situation changes. Follow us!
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Algos indicate a short opportunity!
The price has rebounded from a higher order pool and is currently trending downward towards our designated profit target within the consolidation range.
EURAUD- In Uptrend Continuation with Bullish Flag PatternEURAUD chart in 1H time frame is printing uptrend with bullish flag continuation pattern and there is no any divergence observed. Hence i build my trade long entry with Buy Stop Order on breakout of Flag's Pole with stoploss below at last Higher Low level.
#EURAUD_BullishScript on short time frame showing a very good cup & Handle formation and therefore we are taking a position as per stated Buy Stop, TP & most importantly with strict stop loss.
#DYOR_Do Your own Research
EUR/AUD - Perfect !! It is a super clear continuation flag!
Now we just need to wait for the manipulation to enter in a good position....
Whenever you see clarity in the market take advantage to make a profit....
It is better to trade by ranges or by zones than by hope in speculation!!!
Keep it Simple!
If you liked it, don't forget to follow me! :)
EURAUD- In Uptrend Continuation with Bullish Flag PatternEURAUD chart in 1H time frame is printing uptrend with bullish flag continuation pattern and there is no any divergence observed. Hence i build my long entry on breakout of Flag's Pole with stoploss below at last Higher Low level.
EURAUD Set To Grow! BUY!
My dear friends,
Please, find my technical outlook for EURAUD below:
The price is coiling around a solid key level - 1.6354
Bias -Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 1.6451
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
long on EURAUDwe clearly have a break of trend comforming the movement to the upside, we need to see a retest on the previous support completing the haead and shoulders before taking a long opportunity.
EURAUD is forming bullish flag patternEURAUD is forming bullish flag pattern in 30 mintue time frame
EURAUD LongThe EURAUD appears to form a Cup and Handle pattern, suggesting a bullish trend ahead. Traders may anticipate a breakout above the current resistance level as confirmation of this potential upward movement.
Lingrid | EURAUD opportunity to SHORT from the KEY LevelThe price perfectly fulfills my last idea. The market fell from the resistance zone and hit the target level. FX:EURAUD fell from the range zone and pulled back to it. The price updated its lower lows and closed below the key level at 1.65000. The market rejected this resistance zone multiple times before, as you can see. I expect it to fall from the resistance level if the price makes a fake breakout of the resistance zone and upward trendline area. My goal is the previous support level at 1.63800
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Buy EURAUD Channel Breakout The EUR/AUD pair on the M30 timeframe presents a potential buying opportunity due to a recent upward breakout from a well-defined bullish channel pattern. This breakout suggests a shift in momentum towards the upside and a higher likelihood of further gains in the coming hours.
Key Points:
Buy Entry: Consider entering a long position (buying) above the broken resistance level of the channel, ideally around 1.6300 after confirmation of the breakout. This offers an entry point close to the perceived shift in momentum.
Target Levels: Initial bullish targets lie at the previous resistance levels within the channel, now acting as potential support zones:
1.6402: This represents the first level of resistance within the channel.
1.6456: This is a further extension of the upside target, based on the height of the recent price movement before the breakout.
Stop-Loss: To manage risk, place a stop-loss order below the broken resistance line of the channel, ideally around 1.6290. This helps limit potential losses if the price unexpectedly reverses and breaks back downwards.
Thank you
EUR/AUD: Potential Growth Above 1M PPHello Everyone,
The EUR/AUD appears to be ascending, and should it successfully surpass the monthly pivot point (1M PP) and solidify its position above it, growth momentum is likely to initiate from this point. Conversely, if the 1M PP serves as resistance, further testing of support levels can be anticipated.
TradeWithTheTrend3344
EURAUD - Bullish TradeThis chart shows EURAUD making cup and handle chart pattern indicating bullish trend.
