EURAUDlooking at EURAUD from weeky and daily chart you can clearly see that the over all trend is bullish and daily demand zone in play
EURAUD trade ideas
EURAUD 1H Short Trade - 1:3 RRRTP: 1.62317
SL: 1.64671
In this trading strategy, we present a compelling opportunity for a long position on the EURAUD currency pair, focusing on the 1-hour timeframe. By incorporating key technical indicators such as the Exponential Moving Average (EMA) 200, Moving Average Convergence Divergence (MACD) for trend analysis, and Supertrend for entry signals, traders can aim to achieve a favorable risk-to-reward ratio of 1:3.
Indicators:
EMA200: The EMA200 serves as a critical indicator of the long-term trend direction.
MACD Trend: The MACD indicator helps traders assess the strength and direction of the trend.
Supertrend: The Supertrend indicator acts as a reliable tool for identifying entry points in alignment with the prevailing trend.
EURAUD I Scalp & Intraday Short from resistance zone 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!
order euraud*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
EURAUD POTENTIAL LIQUIDITY SWEEP ANALYSISI shared my view on #EURAUD based on the possible liquidity sweep spotted at the demand zone. Your opinions are welcome in the comment section.
shortWe came to the resistance zone that is in line with the fib lvl.
We should see a nice move down to continue the downtrend.
EURAUD - Symmetrical Triangle Pattern - 30/04/2024EURAUD has been trading in a strong Bearish Trend. A Symmetrical Triangle Pattern has been observed on the 1 hour timeframe, which further confirms the continuation of the downward trend.
If price breaks through the 1.62855 level, a short position should be triggered as follows:
Trade Call: Short
Entry: 1.62855
SL: 1.63837
TP1: 1.61870
TP2: 1.60890
Trading offer for #euraudFor today until the end of the week, the price is expected to move towards the green range.
EURAUD (Bearish)“The Trend is your best friend”
This statement holds true in all aspects of trading; and in this case with EURAUD, we see an example of this.
Remember, Trading is basically “strategic gambling” when simplified to the average person. However, if we can form multiple confluences along with price action and market structure, our probabilitys go up.
**Remember Risk Management and Candlestick Confirmation before blindly entering any trade**
EURAUD I Correction and more decline 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!
EURAUD - 4hrs ( Sell trade Target Range 210 PIP ) Pair Name : EUR/AUD
🗨Time Frame : 4hrs Chart / Close
➕Scale Type : Large Scale
------
🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
✔️ Key Technical / Direction ( Short )
Type : Mid Term Swing
———————————
Bearish Break
1.65000 Area
Reasons
- Major Turn level / M
- Channel Break
- Major Triangle As counter
- Fibo 50 % mid wave
- Visible Range Hvn
- Day + week low break
- Choch Zone
Bullish Reversal
1.62900 Area
reasons
- Major Turn level
- Visible Range Lvn
- Channel Lower Band
- Choch Zone
- Fibo Golden ZOne
- P Quarter low
- P 3 Quarter Low
long expecting expecting for the euraud to go up then perform digestion for the short kind of counter trend trade
EURAUD:🔴Bearish scenario🔴
Well, as you can see, the price purged the weekly external range liquidity, had a bearish reaction, and shifted the market structure, most likely we are on the sell side of the curve now.
Recently the price took the sell side liquidity which can cause the price to move higher to collect the buy side liquidity and then drop to draw on liquidity.
The price can move lower from here to 4-hour FVG and collect the first sell-side liquidity. If the price goes higher we can sell above buy-side liquidity, by lower time frame confirmation.
💡Wait for the update!
🗓️22/04/2024
🔎 DYOR
💌It is my honor to share your comments with me💌
EURAUDAsian Low raided. Imbalance to be filled for an entry targeting sell side liquidity into D fvg. 3RR
