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Hi Everyone, I have short idea here , because of Rejection/Resistance for SR level fibo level is between 61-50 Pin Bar Setup. Hope all works. Happy Trading
From the August top, AudUsd was trading downwards, with 4 lower highs and clear support at 1.6. A daily close under 1.62 would announce a false break and would open the door for the 1.6 important psychological support Strategy: Sell the break SL @ 1.6330 TP @ 1.6
EURAUD bounced off 1.61905 where it could potentially rise further to 1.62699. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Hello Traders! This one is already on the move and the pin like structure, forming rejection makes it easy to spot so many taking it up already. 1st target and 13 pips and 2nd at 28 pips. Best, Jay
Euraud h4 outlook **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. _________________________________________________________________________________________________________________________________________ Thank you for...
Hello traders! This is a Tag&Go setup long, a buy stop order, set and forget style is right on the red line. The red circle is the stop and 1st and 2nd targets are in green up high. Best, Jay
We did enjoy a 270pips profit run in our last trade on this pair (see link below for reference purposes). Find in the description below plans for another trading opportunity building up; Tendency: Temporary Uptrend ( Bullish ) Structure: "W" Pattern forming | Double Bottom Observation: i. Price begins a...
EURAUD Pushing back to the upside looking like a decent short opportunity, I am not jumping in yet but I am watching very VERY closely. This is looking really nice, but it will be smart to sit on our hands for the time being.
EUR/AUD is likely to form a Head & Shoulder pattern on the 4hr chart. Expecting price to drop , waiting for price action to confirm. Focus Time Frame: 4H/1H Market Condition 1D Short Term: Downtrend 1D Long Term: Uptrend
SELL NOW EURAUD SELL NOW STOP LOSS - 1.62823 TAKE PROFITS 1- 1.62138 TAKE PROFITS 2- 1.61766
Looks like Head and shoulder forming on 4hr and daily. BUY STOP - Pending order BUYING EUR/AUD Entry: 1.6236 Target 1: 1.6285 (49+ pips) Target 2: 1.6349(113+ pips) Target 3: 1.6409(173+ pips) SL: 1.6152(84- pips)
After brief consolidation the EUR/AUD’s rise from 1.5976 resumed and intraday bias is back on the upside. Friday’s daily candle came out as a bullish Marubozu candle, which indicates that the buyers are in control. Additionally, the today breakout on daily chart above Friday’s high may push the price upside with good bullish momentum. But the H4 chart shows that...