EURAUD Weekly Short opportunity Note: This is only for Educational Purpose this is not Investment advice. Please support the setup with your likes, comments and by following on Trading View. Thanks Adil Khan.
Formation of the Ascending Triangle Pattern. Buy @ Current price TP -1.64900 SL -1.63600
We need a closure above this level, possible retest and a clear rejection to have a very nice long trade to cap off the week.
We can see the pair follows trendline and comes to a nice resistance! Waiting for some rejections signs to enter the trade!
BUY & SELL As Per Above Given Chart or You Can Also set Own Risk reward. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!
EURAUD LOOKING FORWARD TO THE BEARISH BIAS MOVE FOLLOW US ON TELEGRAM: JOIN (PUBLIC CHANNEL): executivefxsignals CONTACT (ADMIN ) : fxofficial
Expecting more down momentum from this pair. Continue to follow it.
A definite upward trend. After the euraud peaked at 1.66 the currency responded with a normal correction and the euraud stopped just in support in 16343. If you want to get into a strong trend the ideal price comes after significant 300-pips repairs as in the above case. Target: 1.6680
OANDA:EURAUD EURAUD Recently broken out of it's short-term downtrending resistance, and come back down to bounce off of it. EURAUD looks like its beginning to reverse and journey again to the main fib levels, and even to it's long-term downward resistance. Keep an eye out, but IMO it's time to go long.
After that huge rejection candle marked on the rectangle the price action has been a bit choppy for a few days having retested the resistance area twice. After yesterdays bearish engulfing candle today the pair has broken the support and I expect it to reach the 1.605 area (support not retested in the uptrend movement) This is how I have played this trade...
FX_IDC:EURAUD I am shorting EUR/AUD AT 1.63850, This can be seen from the 4hour chart the graph can't seem to break above the previous support which will lead me to sell this pair, and my target is illustrated on the chart get in, hop on, we go all the way down
All these predictions are made by Quantitative Analysis Algorithms following short term trends. These Quantitative Analysis Algorithms will calculate maximum correction relative to previous impulses. Relative to previous bearish impulse we are now in a bullish correction. So algorithm expecting a short term bearish impulse.
FREE ANALYSIS ON EURAUD Welcome to SiriusTrading (managed by Segunby), Check out my Free #analysis on Forex and Crypto. Follow me for regular Analysis and don't forget to LIKE, LIKE, LIIIKKKEEE :) - 1 HOUR EURAUD could make one more bullish run to around 1.66500. from then we should see more move to the downside.