**3rd update** All descriptions is on the chart. Disclaimer: These are only an idea or a point of view of what will happen in the market. Please do your own analysis and do not copy blindly. I will not be responsible for any losses if you follow the idea. These ideas are meant for sharing and learning. Please manage your risk-reward accordingly. You are allowed...
Hi traders, this is my view on EURAUD, I´m already in this trade after the dobletop on H4 chart. After the EU elections we will see more bearish movement on EURO pairs. The national parties will win a lot of seats at the EU pairlament and the politic sitiuation will become confused after that. So be patient and hold this trade for more pips to go down. Have a...
EURAUD has a hard time keeping up above the 1.6200 region and is showing a slowdown in liquididty and momentum to the upside , suggesting a downside target of 1.6060 to easily be met . Ofcourse the 1.6000 institutional region is not far away from there and could be met very shortly after we have reached the 1.6060 region. A risk reward ratio of 1:9 is set up...
Daily Resistance Broke trendline Massive drop from the top Waiting for bearish signal => SELL Plan Sell EURAUD 1.620 - 1.626 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 ORDERS. Please LIKE...
price on a sideways two fresh demand zones below
EURAUD HAS BROKEN PREVIOS LOW AND CORRECTION IS ALMOST COMPLETE.EXPECTION DOWN MOVE AFTYER BREAKOUT OF THE CORRECTION AREA
please refer to chart for analysis... based on location of price im bearish.
EURAUD - on the weekly candles there is an inside bar similar to the one back on October 2018 before the reversal. Looking to sell from 1.6300-1.6350 with a stop loss at 1.6430 Take profit looking at 1.6050
Euro Aussie is setting up for a great long opportunity. As discussed earlier this week, the Australian Dollar has been tumbling down due to the nations pre-election period. On a technical basis Euro bulls are keeping the pair above major support at 1.61940. What looks to be a bull flag forming, points us in favor of a break out targeting price area of 1.62740.
EURAUD important level as all we know. Price is in bound of rising wedge and in range of strong resistance level. As shown on chart we should expect short.
EURAUD, Continuous upward: BUY H1: - Tendency: upward - Above support and EMA => BUY