Technician
Long

EURAUD: Bullish Resumption with short and medium term targets

FX:EURAUD   Euro Fx/Australian Dollar
5649 40 159
3 months ago
Hello friends, sorry been busy recently haven't had a chance to post. (I post quick ideas on twitter while being away here, you can follow me there @thefxchannel).

This is my trade on the EURAUD             , looking for bullish resumption for the latest bullish wave after the recent pause and pullback. I have three targets, first aiming to get a quick trade. Second for more potential and Third for a great risk-reward.

All my ideas are just my personal view. Trade Your own view.

Likes and comments are appreciated and would keep me going ..
If you a question or would like to talk you can SKYPE me at : Technician - The Forex Channel
My Regards,
Technician
3 months ago
Trade active
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Abozahra PRO
3 months ago
Thx for sharing!
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Technician TOP Abozahra
3 months ago
Welcome there.
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sbbi98
3 months ago
could you explain how you decided this sl price? thanks
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Technician TOP sbbi98
3 months ago
Some distance below the wick of friday's candle and also below the wedge support
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haemdoc
3 months ago
Thanks for this. I am also long AZDNZD. Lets see how that pans out..
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xtraderfx PRO
3 months ago
I agree. Viewing this as a bullish flag, or simple abcd pattern.
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Batman-oz
3 months ago
Thank you Technician
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Technician TOP Batman-oz
3 months ago
Anytime.
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dsingh3833
3 months ago
thanks for share your ideas with us
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Technician TOP dsingh3833
3 months ago
You are welcome.
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Wave-Expert PRO
3 months ago
I believe getting into trade yet is not safe, here are my views ( best of luck everybody)
snapshot
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Technician TOP Wave-Expert
3 months ago
Thanks for your view.
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tumen
3 months ago
Good setup, thanks
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Technician TOP tumen
3 months ago
You are welcome.
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ValeriuV
3 months ago
Hello Tech, if this does not work I quit trading all toghether ;-) . We have an impuls ( in 29.04 ), we have a correction ending in a double bottom in a strong support area, we have a bullish divergence on rsi, we have a breake of down trend and a retest of it, and so on . This is a perfect example for study.
well done...
+3 Reply
Technician TOP ValeriuV
3 months ago
Lets hope so mate. In general, sometimes even the perfect technical setups fail.
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ProChartist PRO
3 months ago
thanks alot for sharing. always appreciate your sharing.
+1 Reply
Technician TOP ProChartist
3 months ago
Thank you
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Jahid
3 months ago
wow good setup - same on idea
EURAUD Monthly income trade
+2 Reply
Technician TOP Jahid
3 months ago
Good luck
+1 Reply
uzair18
3 months ago
is this trade acive??
+1 Reply
JWilde
3 months ago
looks like a dragon pattern there, no?
+1 Reply
Technician TOP JWilde
3 months ago
not familiar of the "dragon" pattern!
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Angel
3 months ago
Although it´s a pair I don´t follow, your posts rocks, clean and easy! I guess your third target is related to a price movement above 200MA?
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Technician TOP Angel
3 months ago
Thank You. Third target is to take advantage IF a breakout happens, which where the price overshoots.
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newwarez2
3 months ago
Could you write down the stop loss point, because in the graph its not that clear for me ! Sorry
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piptamil
3 months ago
Thank you for the chart Tech...
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Technician TOP piptamil
3 months ago
You are welcome.
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Very nice, thank you! I have similar setup, just waiting for the price to get a bit lower, closer to 61.8 fibs of the last impulse. Feels good to have a trade idea confirmed by one of the best around here :)
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Technician TOP sketchmaster
3 months ago
Best wishes.
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i'm long too tk davide
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Technician TOP bellofortrade
3 months ago
Best of luck
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qais
3 months ago
to support your idea, the AUDUSD is down also :
AUDUSD SELL
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Technician TOP qais
3 months ago
Yes. It is.
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qais
3 months ago
EURUSD
+1 Reply
Technician TOP qais
3 months ago
Thanks for your view.
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Jor4hub
3 months ago
Very nice! keep it up
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Wave-Expert PRO
3 months ago
I have seen some of your trades, sometimes you enter too early into trades. BTW some of the trades are really great , thanks for your all ideas !!
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Deus Wave-Expert
3 months ago
this was one of the early entry examples.. I am entering now

snapshot
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Thet
2 months ago
I am waiting for an entry signal on 1.49. How do you think, Sir?
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