FX:EURAUD   Euro Fx/Australian Dollar
5049 26 166
The EURAUD             is in a daily corrective triangle (I will post the triangle in the update section)
Buying the breakout of the flag looks like a good idea.

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Zohaib_Malik
4 months ago
Already in the buy from 786 fib :) Thank you for the chart and webinar
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Lighthouse PRO
4 months ago
This setup was amazing.
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msabbagh PRO Lighthouse
4 months ago
if you dont mind what is the amazing, i am not getting it?
+4 Reply
sonu81
4 months ago
nice sir g
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yurezstrik
4 months ago
Anil, thanks for the forecast. To advise to set a stop loss? set under 1.4680?
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anilmangal TOP yurezstrik
4 months ago
you will have to set stops and entries based on your strategy , I am only showing what I believe the market will do.
+3 Reply
Dps
4 months ago
in the trade..
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judderod
4 months ago
Inverse head & shoulders, bullish breakout, strong resistance at 1.4800. I predict several hours of sideways consolidation before any up-move. I'd like to see 1.4775 become support before entering. Lets see...
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Smiley8080
4 months ago
Well done - again! Great Charting and thank you for sharing.
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woulismart
4 months ago
what target you think?
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rise2003
4 months ago
touching the line again now
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Gambit24
4 months ago
ea never be making sense lol
+2 Reply
Smiley8080
4 months ago
Looks like the dollar fall has stengthened the euro against the aud.
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FXJakovskii
4 months ago
So bad. So amazing
+2 Reply
nahidik PRO
4 months ago
Anil I could this be an "a" wave down on the hourly? If it is it could drop from here or perhaps move back up to the 4hr TL where there is some LTF resistance. The whole move on the 4 hr suggests a corrective move with a chance for more down. Thanks for posting your trades.
USD/CAD
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nahidik PRO nahidik
4 months ago
Sorry wrong chart again!
snapshot
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docholliday PRO nahidik
4 months ago
this is the cad dude.. what the heck??
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nahidik PRO docholliday
4 months ago
Sorry I copied the wrong chart.
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docholliday PRO
4 months ago
bigger picture view for traders as to why we want this upside!! Great job as always Anil -- was in and out now looking to get back in again for the bigger trades!
snapshot
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nahidik PRO docholliday
4 months ago
Possibly. My concern is the last wave down has no correction or crossover so it is more of an impulsive wave. I am expecting something similar to the last impulse down a bump up followed by a lower low. Your weekly chart could show an ABC correction finished just below the 618 retracement and this is the start of the "C" wave to disrespect the swing low around 1.15. We will see how this shapes up. Good luck
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docholliday PRO nahidik
4 months ago
we will see -- did you look at the first daily down move?? nice divergence for upside and I would expect a bit more correction of the weekly down impulse.. so could it be over and we are heading down?? possible.. but for me to look that way we have to break out of this structure and consolidate -- until then.. it is upside for me.. happy trading.. I see you did post correct chart afterward -- I have a multiscreen setup too.. so it can happen..
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nahidik PRO
4 months ago
Great chart Anil. I have a similar idea except an w-x-y-x-z where you have an a-b-c. a product of using the AO instead of the MACD. The result should be similar. A strong support area near the 1.08 may be enough to turn the trend.
snapshot
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nahidik PRO nahidik
4 months ago
I sincerely apologize to Anil and any others following this chart. I am sure some may think I am doing this on purpose. Twice I have put the wrong chart on here. I just had too many charts open and this was for another posting. I am truly sorry for this and will accept any of your words of disapproval as I am fully at fault. Unfortunately there is no way to remove the post once you screw up.
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AlexKl
4 months ago
Thanks for sharing.
With RBA rate decision tomorrow( consensus is a decrease from 1,75% to 1,50%, would further put pressure on the AUD and indicate a EUR/AUD long position. Waiting for the right entry point after EUR / GER PMI data from today.
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AdamFx42
4 months ago
Thank you very much - this confirms my setup
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TAKAFX
4 months ago
EURAUD NEXT MOUVE
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