possible buy trade after creating a higher high around the fib levels will see what will happen
On EUR/AUD, we have a bearish setup following the overnight Australian Dollar data. Currently, there are two setups: Break of demand zone with a retest of the same before continuing short towards 1.63. Retracement in the 1.6540 area, where we have a Fibonacci Vertical Grid (FVG) and a Forex48 block. The latter represents a potential zone for a short entry. Let me...
EURAUD is falling towards a pullback support that aligns with a confluence of Fibonacci levels i.e. the 61.8 % Fibonacci retracement and 78.6% Fibonacci projection. Price could hit the buy entry at 1.63711 and potentially reverse from this level to bounce higher. Take profit is at 1.66027 which is a recent swing-high resistance. Stop loss is at 1.62513 which...
euraud order block entry:1.64355 In a demand area, after seeing the entry confirmation, we take a bye position
Pair Name : EUR/AUD 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Direction ( Long ) Type : Mid Term Swing ——————————— Bullish Retest...
. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
✅EUR_AUD price went up sharply But a strong resistance level of 1.6594 was hit Thus, as a pullback is already happening And a move down towards the target of 1.6443 shall follow SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
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EURAUD is testing a horizontal key level. The price formed a double top on that on 4h time frame. To short with a confirmation, wait for a bearish breakout of its neckline. A 4h candle close below 1.6457 will confirm the violation. A bearish continuation will be expected to 1.6415 / 1.6375 levels then. Alternatively, if a price sets a new higher high higher...
Pair : EURAUD ( Euro / Australian Dollar ) Description : Break of Structure SMC - CHoCH Consolidation " ABC " Corrective Wave RSI - Divergence Impulse Correction
Here is our detailed technical review for EURAUD. Time Frame: 1h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 1.650. Considering the today's price action, probabilities will be high to see a movement to 1.643. P.S The term oversold refers to a condition where an asset...
EURAUD - Intraday - We look to Sell a break of 1.6450 (stop at 1.6505) Trading within the Channel formation. We look for price action to stay within the channel formation today. Our expectation now is for this swing lower to continue towards the bottom of the trend channel, to complete a correction before buyers return. A move through 1.6425 will confirm the...
I am expecting EURAUD down from this daily POI and also has rejection as it has made double top and having trendline rejection also
Hello,Traders! EUR-AUD wis retesting a Strong horizontal resistance Level of 1.655 from where I think we will see a local Bearish correction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
My dear subscribers , EUR/AUD looks like it will make a good move, and here are the details: The price is coiling around a solid key level - 1.64752 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Goal - 1.63511 Safe Stop Loss - 1.65461 About...
EUR-AUD will soon hit A horizontal resistance level Of 1.65230 and I think that The pair is overbought So a bearish correction From the resistance is likely!
Inverse Head and Shoulders is clearly forming on the daily. We see additional indicators confirming upside. 7>21 and price is above 200MA - Bullish RSI>50 - Momentum is up. Target 1 will be at 1.7265 Below the Right Shoulder there is a Sell Side Liquidity Order Block. Smart Money buys into positions (and sweeps liquidity) from traders who are long (get...
Hello,Friends! EUR/AUD pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 3H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is...