In this chart we mark support & resistance grid lines, which help us to decide entry & exit point of the trade.
Weekly: Bearish, Rejection from major weekly resistance 198.550, Failed retest of Head and shoulders pattern price closed above the right shoulder, recently mitigated ob 1.98550, Made a Double bottom pattern at daily supply zone 1.86550, Unmitigated ob at 1.87625, Bearish rejection candle at daily resistance 1.94750, Bullish choch Daily: Consolidation, Inverse...
My dear friends, My technical analysis for EURAUD is below: The market is trading on 1.6563 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 1.6508 Recommended Stop Loss - 1.6592 About Used Indicators: A pivot point is a technical analysis indicator, or calculations,...
My dear friends, Please, find my technical outlook for EURAUD below: The price is coiling around a solid key level - 1.6479 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.6530 Safe Stop Loss - 1.6448 About Used Indicators: The...
My dear followers, This is my opinion on the GBPAUD next move: The asset is approaching an important pivot point 1.9390 Bias - Bearish Safe Stop Loss - 1.9421 Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 1.9327 About Used Indicators: For...
#EURAUD Sell Idea ......................................................................................
Price will potentially move towards taping into the 90% Rule area to retrace and move down towards taping into the previous weekly support area, which will form an area of equal daily lows. Price is potentially going to shoot up towards or close to target area, if not, price will move further down to the lowest weekly support area. Enter at 15min timeframe to maximise RR.
Well since the price hit the daily order block mean threshold and grabbed the liquidity above the previous day's high it created a high probability sell opportunity for us. 💥Please pay attention: in this scenario, we need LTF confirmation. We should not enter as a limit order.💥 💡Wait for the update! 🗓️27/02/2024 🔎 DYOR 💌It is my honor to share your comments with me💌
Traders, Let's delve into the key zones for AUD/CAD: We're witnessing a formidable bullish channel, but beware, it could break, triggering stop losses, only to rise again. Our 1-hour zone is currently active. Consider partially closing positions when it aligns with the 15-minute and 4-hour zones. Additionally, we'll increase our volume around the lower 1-hour...
Hello,Friends! Previous week’s green candle means that for us the GBP/AUD pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 1.928. ✅LIKE AND COMMENT MY IDEAS✅
Preferred direction: BUY Comment: For the NZDUSD currency pair, both previous long scenarios are active. The considered target for growth is at the level of 0.62360 . Just like the AUDUSD currency pair, growth is expected mainly within today, but we do not exclude the possibility that the deal may last until tomorrow. Longer-term prospects for this...
Preferred direction: BUY Comment: The US dollar is in no particular hurry to recover, and especially if we are talking about AUDUSD . In addition to the Australian dollar, there are a number of interesting currency pairs for selling USD . Today we will look at short-term trade, mainly within the framework of intraday trading. We do not rule out that the...
According to the pinned analysis, we are waiting for the price correction to the desired ZONE for the short position, but the same correction can also be bought, so if you trade, control the risk because this purchase is only a correction. OANDA:AUDNZD BUY position can be taken in the specified ZONE There is no position before the ZONE
Pair Name : EURAUD TimeFrame : 4Hrs Direction : Long Type : Swing Target Range : 440 Pips ------------------------------------------------------------------------- Neat and clean chart with clear setup, no junk on chart. ------------------------------------------------------------------------- If you like this idea, then smash like button and follow us for...
Weekly look at AUDCAD. Everything I see is three wave overlapping patterns. There are 3 distinct channels visible that all fit the narrative of an ongoing corrective move that maybe a WXY. Currently, I believe that we are in a wave B of wave Y.
AUDCAD shows bullish momentum on all TFs 8hs and lower (I´m not looking at minute charts). However, it is in my opinion trapped in between two (evtl 3 channels) as part of a bigger WXY. AUDCAD could have already finished the wave B of Y but I´ll give it more room to the upside to the 61.8 or 78.6 fib retracement before it continues down again. Two thresholds need...
Hello,Traders! AUD-CHF is now retesting A horizontal support level Of 0.5752 and its a strong Level so I think that we Will see a local bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
EURAUD - Classic bearish setup - Our team expects bearish continuation SUGGESTED TRADE: Swing Trade Short EURAUD Entry Point - 1.6587 Stop Loss - 1.6622 Take Profit - 1.6513 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️