📌EA sideway market in last periods, here techncially based expecting bearish trend
💡 EURAUD technically based idea, we can see price is on SUPP zone, CHANNEL pattern visible, technically indicators showing we can expect higher bearish continuation, based on technically readings expecting to see BREAK of CHANNEL and higher bearish continuation till targets...
EURAUD is on a Bear Continuation move, there could be a buy opportunity on the lower time frame but I prefer trading in alignment.
What's your take? comment below
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This is a follow-up detail on the publication shared during last week's trading session (see link below for reference purposes), where the price moved over 200pips in our favour. Now, with the present structure on the chart, I am beginning to see a set-up that might allow us to add more selling positions as long as we do not see a breakout of the bearish trendline...
Hey tradomaniacs,
EUR/AUDs previous breakout retraced back into a strong support-zone and found demand.
We should see another bounce soon to the upside due to the risk-off-potential in equities.
What do you think=
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Euraud Analysis from 16-05-2022 (time to continue downtrend),
The eur aud pair has been characterized as a directionless pair. lol. Hence we will not pay much emphasis on its fundamentals though some high impact news which could cause volatility in the euro are the euro commission spring forecast on Monday 11:00 am, WAT, gdp rate qoq on tuesday 11:00am WAT. From...
EUR-AUD broke a key horizontal level and went up
And the broken level turned into a support
Which will soon be retested by the pair
So I think that the price will go up
After the retest of the support AT 1.49249 to the target above
Going into the new week; we might be expecting the confirmation of a reversal structure to tend towards a bullish momentum but the multiple rejections of 1.49 during the course of last week's trading session could be giving us a clue into the strength of the sellers at this juncture in the market without ignoring the potential of the Aussie against the Euro since...
📌EA price bouncing on SUP zone, can we see here bearish continuation after todays events?
💡 EURAUD technically based idea, we can see price is on SUPP zone-bouncing, technically indicators showing we can expect higher bearish continuation, based on technically readings expecting to see higher bearish continuation till targets marked on chart.
📌If have...
Hello traders, if a price reach 1.53030 with close 4H candle and stbality above it will be continue our target to hit 1.55000
If you like this idea, do not forget to support with a like and follow
Hey Traders, awaiting this play to work out, I like keeping it simple and stupid. I love EUR/AUD because of it's fluidity and respect for levels.
Simple double bounce on a strong support for the buy and a break and retest for the sell!
Trade Safe Homies.
Here I expect bearish price action as the price took out the previous weekly high liquidity and rejected from bearish orderblock + institutional figure 1.52000.
