MaryJane
Long

Will we see the Breakout today?

FX:EURAUD   Euro Fx/Australian Dollar
385 9 30
4 months ago
Is today the Breakout-day?
I see 2 clear Action Points - the edges of the box - here are breakout-Szenarios thinkable.
The risk loving anticyclical Investor could open a shortposition at the actual Level.

Former analysis:A Traders Dream?

A Traders Dream?

This illustrated H&S would be a Traders Dream! Will the pair take the direct way up to the Box`s upper edge or will a H&S be formed?
prices > 1,4722 --> next TP = upper edge @ 1.4775
H&S Targets: 1.4792 ( min ) / 1.485 (max)

COMMENTS ARE WELCOME! AGREE OR DISAGREE

Reached again an action Point

Reached again an action point

The pair reached the bottom of the in my last Analysis mentioned Trading Box.
Now there are two direct positions possible.
1. Anticyclical Long at the actual Level --> TP = upper edge of the Box
2. Cyclical Stoppsell near below the box`s bottom--> TP= 1.453

All Prices above the box`s upperedge is a longsignal

Caught in the Box
Caught in the Box

We see euraud             ranging between 1.4655 - 1,4775
I see 2 clear Action Points - the edges of the box - here are breakout-Szenarios thinkable.
The risk loving anticyclical Investor could open a shortposition at the actual Level.
All 3 positions are drawed into the Chart.
I for my own would prefer the Breakout @ the upside, cause i see a flag (but flags don`t work good against the trend !!)

Comment. hahah...filled the short, reached target - built an H&S , triggered --> prices > 1,4722 --> next TP = upper edge @ 1.4775
snapshot

Comment. reached tp @ 1.4775 on the direct way..
snapshot

4 months ago
Comment: triggered the shortpoisition
snapshot
4 months ago
Comment: phantastic! First, the risk-lover made his short, then the Long got triggered and reaced the tp- cheers guys!
snapshot

Related Ideas

viran108
4 months ago
Looks like it is going to breakout..
Reply
Abozahra PRO
4 months ago
Wow thanks a lot you are doing a great job! i am learning a lot of your analyses!
Reply
MaryJane Abozahra
4 months ago
Thank you very much -thats great!
Reply
Abozahra PRO MaryJane
4 months ago
I don't know if your got my message inbox?
Reply
Dguaman
4 months ago
I already took some profit in a long position, now waiting for that breakout ! =)
Nice chart, thanks !
Reply
Trueman23
4 months ago
i totaly believe in the long scenario....we are just above the box...hope this is not a trap ;-)
as always great analyses ..thumbs up Mary
Reply
MaryJane Trueman23
4 months ago
THX! Watch the RSI, perhaps we will see a retest of the BO-Niveau which is nearly corresponding to the 38,2 fibo of the last upswing
snapshot
Reply
MaryJane MaryJane
4 months ago
snapshot
Reply
TAKAFX
4 months ago
EURAUD NEXT MOUVE
Reply
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