EURAUD is testing major support at 1.5244 (61.8% Fibonacci extension, 78.4% Fibonacci retracement, horizontal pullback support, bullish bat formation, bullish divergence) and a strong bounce could occur at this level to drive price up to at least 1.5432 resistance (Fibonacci retracement, horizontal swing high resistance). RSI (34) sees strong bullish divergence...
Price has dropped perfectly from our resistance area yesterday and has risen to test our descending resistance once again. A further drop is expected below major resistance at 1.5417 (bearish channel resistance, horizontal overlap resistance, 61.8% Fibonacci retracement) to push price down towards 1.5285 support (Fibonacci extension, horizontal swing low support)....
Price is testing major descending resistance at 1.5419 (bearish channel resistance, horizontal overlap resistance, 61.8% Fibonacci retracement) and a strong drop could possibly occur at this level to push price down towards 1.5285 support (Fibonacci extension, horizontal swing low support). Our next major level of resistance is at 1.5478 (78.6% Fibonacci...
Hey Friends, Simple idea, look for buy set ups! Possible change of structure but very unlikely to happen (red moves). Happy New Year! - Hey Amigos, Idea simple, busquen oportunidades de compras! Posible cambio de estructura pero poco probable (flechas rojas). Feliz Año Nuevo! Carlos
EURAUD is now testing major support at 1.5335 onwards (Fibonacci retracement, horizontal overlap support, recent swing low support) and a strong bounce could occur as this level to push price up to at least 1.5112 resistance (Fibonacci retracement, horizontal overlap resistance). Stochastic (34,5,3) is seeing major support above 2% and a corresponding bounce...
If we break the line I will be in the trade to take my chance. If the prices go higher than #5 formation is off. This sketch is not an investment advice but to create situational awareness. Best Regards.
I guess will go up after a small retracement ... small time frame is showing retracement strong trend line & below resistance area strong... if it goes down it will bounce back from the trend line
Buy 0.382 Fib support Price action indicates reversal of trend
EURAUD - Daily time frame. I was anticipating a reversal pull back on this pair for a few weeks and now i can see this pair and euro pairs falling into a corrective structure on daily time frames. After this big corrective move I see further strength in euro pairs and another extension/impulsive move to the upside on weekly time frame.
EurAud - H4 chart - I prefer shorts due to the current H4 structure which shows many confluences for downside including a H&S pattern, retest of trend lines and supply zones and a fib retracement with targets down to the next H4 support. Decent Risk to Reward on this trade.
I shot euraud short time trade 1-2 days he is on Weekly resistance and overbought h1 and h4 on many indicator also the night Aud get the a record data for a business conditon at 21 from previous 14 short at 1.5372 Target 1.5300 gain 72 pips No stop loss (just monitoring)
Hey Traders, Just a re-analysis on this. Still looking for a sell to trade the C wave of this possible ABC pattern. Now it could start the impulse before expected (red). If you want to trade this look for a correction or a flag and sell it to the low at the end of Wave A. - Hola Traders, Simplemente un re-analysis en esto. Sigo buscando una venta para operar...
Discovered 3EMA line has cross at Bullish Engulfing Candle formation you can entry buy Now and place first target at Fibo Level 2.168, second target on Fibo Level 3.168 Fibo level 3.168 is close to Fresh Supply H4 area, if it break price go to Fresh Supply Daily area.. Place StopLoss bellow Fresh Demmand H4 area.. Happy trading all.. Always calculate Risk and...
i short euraud in intraday at 1.5123 for 50pips for get back on old support entry 1.5125 target 1.5075 Gain 50 pips Intraday trade
AUD was supported last week by upbeat china Import number and the price of iron ore.a For this day we will wait the China CPI also who can give some other direction to AUD. Also Euraud ia a bit in oversold then is a other reason than he can rebound too if he have to go more down later For now Monday i think a rebound will appear has he drop too much last 2 day a...
Pending Short @ 1.5150 Stop Loss @ 1.5300 Target 1 @ 1.4725 Target 2 @ 1.4425 RR Ratio @ 2.83 & 4.83 Trading involves substantial risk of loss. I'm just providing insight into what trades I'm taking.