Hello,Friends! Previous week’s green candle means that for us the EUR/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 1.620. ✅LIKE AND COMMENT MY IDEAS✅
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
The structure has already broken out with a CHoCH, so the possibility that I emphasize in this analysis is a correction that occurs until the SnD above and then the price goes back down deeper.
EUR/AUD is giving a good chance for Bulls to win $$$$$$. Notice the bullish flag in 1D has broken up ( there is another bullish flag in 4H chart too) I'll be targeting the level shown on the chart, or higher if possible. Have a safe trade to all!
TRADE IDEA: EURAUD market currently gave us a new High after breaking above our prev high of downtrend shifting structures as it broke above our resisting trendline with a powerful momentum to the upside rejecting at 1.64510 as its strongly also giving us a correction as all eyes are at the zone/ OB waiting for another impulsive move to the upside.h
Hey Traders, in today's trading session we are monitoring EURAUD for a buying opportunity around 1.63500 zone, EURAUD was trading in a downtrend and successfully managed to break it out. Currently EURAUD is in a correction phase in which it is approaching the retrace area at 1.63500 support and resistance zone. Trade safe, Joe.
Will EURAUD complete AB=CD pattern. As the pair is currently trading at strong support zone, will this support provide a bullish impulse to pair?
we r waiting for the completion of the fifth wave we have divergence so watch the price for selling opportunities _____________________________________________________________ don't forget your risk management follow for more :))
the price now is backtested a previous resistance not turned into support so we expect a continuation to the upside to complete wave 5 _____________________________________________________________ don't forget your risk management follow for more :))
Able to look for another entry to continue the trend on bearish
Hello,Friends! EUR/AUD is trending up which is clear from the green colour of the previous weekly candle. However, the price has locally plunged into the oversold territory. Which can be told from its proximity to the BB lower band. Which presents a great trend following opportunity for a long trade from the support line below towards the supply level of...
Hello Traders In This Chart we Forecast EURAUD H4 today EURAUD analysis 👆 🟢This Chart includes_ (EURAUD market update) 🟢What is The Next Opportunity on EURAUD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market...
Let's see how this pair will perform based on the analysis. Make sure you do your research and based on your confluence please look for the entry. Don't rush your trades without any confirmation. Thanks in advance for checking my trade idea.
On the EURAUD currency pair, we have a bearish setup today with the price retracing to the 61% Fibonacci level. This occurs within a fair value gap, confirmed by the M15 and H1 timeframes, and inside a supply zone with volumes in H1 pushing the price down. The target is located in the 1.6163 area. However, the trade carries a certain risk as important economic...
Dear colleagues, for the upcoming week, I anticipate only short positions towards the 0.5 Fibonacci level at 1.61985. However, a correction may occur before the price reaches this level, so please stay cautious. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Bias to go on long on lower timeframe Likewise same for EurAUD **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you...