market is approaching our buying zone yellow WCL with almost 45 pips as stop loose RR 3:1 after finishing the previous yellow sequence with good impulsive move
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EURAUD has formed strong bearish price action on the 4H timeframe. The price is already long-term bearish. After the previous month's bearish engulfer, this moths price already retraced, now preparing for a big drop to create a new lower low!
The current price has broken the previous swing high, grabbed liquidity, and started to drop with 4H bearish engulfer
Give...
EURAUD is pulling back to its resistance level after making lower lows.
Price action created a breakout pullback continuation pattern.
A perfect entry signal is going to be a false break.
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Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURAUD ( 4H ) has broken out of support and is preparing for another drop. On the bigger picture, monthly there is bearish engulfer has formed on a strong down-trending market. price grabbed liquidity with strong doji and it is a high probability that the price will continue to drop in the direction of the major trend.
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EURAUD ( 4 H ) has broken out from the symmetrical triangle with a bearish engulfer with an element of false breakout means there is a high probability of dropping this price as after the monthly bearish engulfer, higher timeframe long-term downtrend is resumed.
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EURAUD has formed the bearish flag pattern , broken out and retested the horizontal resistance level . now we are looking at some price action move to major support ... a very good time to hold sell on euraud ...
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Hi Traders,
EURAUD price action is shaping up for a potential buy opportunity. Looking at the HTF, price broke out of a descending channel following with a continuation correction which price impulsively broke higher creating higher lows but failed to continue any further. Looking at the LTF price made a double top and is currently consolidating which I will be...
FX:EURAUD
Hello my friends
This is an analysis and not a signal to enter the trade.
Please look for the entry signal in the specified areas according to your strategy.
be 🍀
Looking at EURAUD on 4H timeframe
Currently looking for long/buy position
We currently waiting for signals of reversal whereby we will then execute the trade
EURAUD ( D) has formed a daily hanging man on an important level of resistance. There is a high probability that the price will have another drop as after the monthly close, it has formed a monthly very strong bearish engulfing pattern means a long-term down trend resumed.
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EURAUD broke and closed below the psychological number of 1.4600.
If the price returns to resistance, we may look for a trend selling opportunity within the main bearish trend.
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Am looking at these setups and waiting for the markets to choose a direction......for me to REACT and not try to PREDICT.
The long setup yields 2.84R and the short 2.78R......
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![EURAUD: BUY [EURAUD]](https://s3.tradingview.com/e/EZJy0IOi_mid.png "BUY [EURAUD]")
