EURaud short position . price approach qm level, risk 100pips , reward 300pips , 1:3 RR
EURAUD is in a ascending channel and is in an uptrend. However, the price is near the structure resistance. The market made equal measured move; AB=CD pattern. Price is likely to go down from the resistance level 1.57500 and fibo extension level. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Hello ! According To Me , First Market Should Go Up To 1.5720 , If 4 Hour Candle Close Below Channel Resistance Line 1.5710 Then you Can Take Short Position . I Have Mention TP/SL/Entry Point In Chart . I Hope This Trade Will Give Us Good Profit . Thank you
The EURO is about to breakout against AUD. I'll wait for a back test to confirm on the one hour before placing a trade to LONG!
EURAUD is in a ascending channel. But The market made a shallow higher high, then the price was pushed back below the resistance level 1.55650. False breakout Bull are running out of steam and the market is likely to restest the support level. We expect bearish move. ------------------- Share your opinion in the comments and support the idea with like....
this is an update on structure on euraud, we are looking for wave 3 continuation on the short side
price dropped impulsively and creates a flag that signals a continuation to the down side
EURAUD, I am Expecting a strong Down Move because of strong supply area available around 1.5712-60
as i see EURAUD will continue go up to the 1st target as shown above after 1st target reaches then waiting a price action and analyse the chart again to see if it going to hit the 2nd taget or not
Currently, it is expected that by registering a ceiling above the B range of the pattern in the range of 1.53134, in case of registering the floor and getting confirmation of the failure in the lower fractal, we expect a rise in the range of 1.58298 and in case of crossing to the range of 1.61745 It can grow, on the other hand, the resistance dynamic line overlaps...
EURAUD is in a descending channel and is in a downtrend. The market is consolidating at the resistance level after the sell off. Price action is printing a potential AB=CD pattern. We expect bearish move if price brreaks and closes below the support level of 1.54000. ------------------- Share your opinion in the comments and support the idea with like....
After the large double bottom that took 6 months to complete back in 2022 and the break of the neckline in October, EurAud reached a high at 1.6 and started to correct and consolidate. Now the pair is trading near support again and traders could look for buying opportunities in this zone. Considering the importance of the break I don't think the H&S from October...
i am expecting EURAUD up move based on POI available and a strong support area,
Welcome back guys we are currently looking at EA on a Massive Movement for about 500 pips plus, so we are currently on a nice resistance zone or level and EA is on a down trend movement so lets waiting on a sell confirmation at 1.55557 lvl and our take profits lvl at 1.50025. so guys tell me what you think about this trade.
Our previous idea: It worked but it hit sl hard. Yesterday we got a small retracement hence we shall be reverting back up.
Price fails to make new higher high and respected the resistance and coming down here at this place i am expecting more drop from this zone 1.53.As i am predicted last time and price did the same and we have got good result
EURAUD is in a descending channel and is in a downtrend. The market is consolidating at the resistance level after AB=CD pattern. Price action is printing HLs and LLs and is likely to go down from the psychological level 1.5600 + resistance + dynamic resistance + 61.8% fibo. ------------------- Share your opinion in the comments and support the idea with...
Price has respect the upper dynamic trendline. I'm expecting an impulsive move, then followed by correction in form of a bearish tight flag continuation pattern to the downside. And I'll be considering a Risk entry type on the third upper touch of the flag. Share your thoughts in the comments and show your support for the idea by liking it. Thank you for your help.