At present, EUR/ASD's downtrend is moving sideways between the resistance and support. The trend will continue this movement, But if it crosses the support trendline, it will touch the following targets 1.6166 - 1.5960 . There is a possibility to touch the 1.6300 if the trend hits the support trendline and takes a U-turn. Stoch RSI indicates that there will...
Update: The completion of wave ii from sub-waves and the advent of ascending trend In the 60-minute chart, by the price, crossing the range of 1.6283 and with 5 ascending waves, we can get the first confirmation for increasing the price, also the corrective phase of this ascending trend has been completed in the range of 1.6159. We are currently hoping for a price...
This pair @ a strong resistance zone testing and rejecting from this zone so we enter to sell this pair with a small risk an higher rewards friends push like button if you like our idea we appreciate that
EURAUD price begins to accelerate higher faster than other currencies from the control price (CP). It can hit 1.63500 - 1.64060 after crossing the CP level. Hurdle: 1.62150 This hurdle is a game-changer. It could explode downward and prices may fall 1.61850 to 1.61360 levels. The above information is sufficient for a smart trader to start minting money.
As we see price bounce back from support level and fail to break support area & still continue to up move we entered to trade from last week and still look for good pips guys if you like our idea support us we appreciate ur likes and comments Follow us for more updates
Lets try this again =) Yesterdays same long play got out with 20 pips while the market dropped during asian session to have EURAUD come back up during Euro session. Trading with up trend, structure broke. SIMPLE Late trade post. Members receive LIVE trades.
Broke down trend structure, EUR having a strong week. Late ost, members receive LIVE trades.
may be looking to retest that blue box support. might wanna wait for confirmation near that area of value as to where the price will go. set your stop losses. good luck!
double top situation and price is moving between the trend line. Note: Trade at your own risk
Buy EURAUD Entry 1 1.60120 Entry 2 1.59980 Sl 1.59600 Tp.1 1.60400 Tp.2 1.60680 Tp.3 1.61100 Tp.4 1.61500
Pattern: Rising Wedge on 1M. Signal: Bearish as the price is trading near the Higher Low Zone. Target: 1.6600 (symmetrical target).
Pattern: Ascending Triangle on 1W. Signal: Bearish if the Higher Low trend line (dashed) breaks. Target: 1.57000 (1D Support).
Pattern: Channel Up on 1D. Signal: Bullish after the 1W Resistance broke. Target: 1.6645 (based on the previous Higher Low - Higher High leg).
Pattern: Channel Up on 4H. Signal: Bullish if the 1.6120 Resistance breaks. Target 1.61850 (potential peak of the inner Rising Wedge.
Pattern: Rectangle on 1D. Signal: Bearish after the price hit the inner Resistance (1.60617). Target: 1.57500 (just above the Support Zone).