EUR / AUD - Technically, the pair has broken its bullish trendline. The price failed to hold the breakout of a critical resistance on the red line. We expect the pair to be bearish and move to the green support levels - Support becomes resistance - RSI divergence - Broken bullish trendline I love such entries because risk-reward is good. GOOD LUCK and take...
EUR AUD has been testing a major zone for over a week and we have rejected it. should see eur aud pair drop too 1.60500 TARGETS 1.60750 1.60500 1.600000
EURAUD, Breakout trendline: Sell
EURAUD, Breakout trendline: Sell
On the daily TF we can see the reversal pin bar on yesterday's close. This means that it's only a matter of time for the price to drop heavily. Currently, we can see that the price is consolidating and rejection from upper levels occurred. MA crossed, which also means a down movement is on its way. Entry: 1.62129 TP: 1.59688 SL: 1.62844 Trade...
Kobane Trading Plan 5/27/19 Tyree Thomas Jr EUR/AUD mark up for the week and check back because I may update my mark up later in the week. The market my ping pong between the green support line and the red resistance line, those lines represent the 786 level on the Fibonacci retracement tool. I use the 786 fib level because at the 786 level is where the market...
EXPECTING A DROP TO AROUND 1.603 WHICH ALSO REPRESENTS 38.2 FIB RETRACEMENT. Please share your thoughts and views on my analysis and don't forget to like it and share with others.
Price looks to have topped out & has been stalling. Price is now at an area of resistance making a lower high after the last downward impulse. A break of the ascending trendline will confirm the trend to change & price to start picking up momentum to the downside.
Price has been supported by a trendline formed on April in the 4h chart. Now has broken this trendline, and retesting previous area of sensitivity. I'll wait for a confirmation. Could be a large pin bar or a bearish engulfing candle in order to go SHORT. What's your view of this?
Daily Resistance Massive drop from the top Daily candle closed below MA 10 Waiting for bearish signal => SELL Plan Sell EURAUD 1.621 - 1.625 TP1: 1.612 TP2 1.602 SL 1.6275 NOTE: All of my plans, you have to be patient to wait for the price close to the EXPECTED ZONE. Then you should WAIT FOR REVERSAL CANDLES or PATTERNS on the low timeframe before EXECUTING...
we on the resistance level, we can see a clear double top a daily close below blue line will see a confirmation for a downside
-WEEKLY HANGING MAN -DAILY SHOOTING STAR -CONSOLIDATION AFTER A BULLISH MOMENTUM -LOOKING FOR A BREAK OF MY WHITE UPTREND TRENDLINE
PENNANT, 61.8 FIB RETRACEMENT, MULTIPLE TRENDLINE REJECTIONS