EURAUD EA rejecting off the trend line, looking like a decent short for the time being. I would like to see us push up again and reject off the trend line once more. Possible trades soon, watching EA very closely.
EURAUD EA practically stuck on the trend line still. You may have heard me mention that you have to be extra cautious taking trades around trend lines because there is a lot of indecision in the market which leads to confusion. So for the time being I am going to step aside and let EA do its thing.
=> EURAUD: Sell <= => Entry: 1.6265 =>1st SL: 1.6350 =>2nd SL: 1.6450 => 1st TP: 1.6245 => 2nd TP: 1.6225 => 3rd TP: 1.6200 => 4th TP: 1.6165 => 5th TP: 1.6100 ***Join Free Telegram Signal: t.me
=> EURAUD: Short Sell <= => Entry: 1.6225 => 1st SL: 1.6250 => 2nd SL: 1.6300 => 1st TP: 1.6210 => 2nd TP: 1.6195 => 3rd TP: 1.6180 => 4th TP:1.6105
EurAud has made a double top on 1.63 zone a few days ago. The neckline of the pattern is broken and we can expect the pair to continue its fall Firs support came into place at 1.61 followed by 1.6 Strategy: Sell rallies SL @ 1.6270 Target 1 @ 1.61 Swing target @ 1.6
EURAUD Strong bearish movement right now. Overall in a uptrend but this pair has been choppy. Sitting on my hands right now for the time being with this pair.
EA pushing up as previously mentioned. Keeping a sharp eye on EURAUD. Looking VERY good for next week!
EURAUD Pushing back up a bit, bit choppy today as it has been all week. Expecting possible AUD strength right around the corner. I feel EA is going to push up and test highs before completely rolling over to the downside. Great short opportunity developing.
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.
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
I'm looking at a trend continuation trade here as the EUR continues to show weakness. Price is holding at kijun sen right now and I'm watching for a push back down to price structure lows as my target. This one is pretty straight forward, and while we have some spots we can look to take some partial profit, I'll just adjust my stop loss to breakeven after...
EURAUD LONG PERSPECTIVE Wait until the current trend chanel broke.
Significant Decline (H4 Graph Time). Stochastic with the red line above the blue line (the bear's dominate). The red line above the green line inside the Ichimoku cloud which is a sign of continued declines. Target: 1.5980
EURAUD As previously mentioned we have a head and shoulders pattern on the daily time frame. Price looks to be breaking out to the downside but it could be a fake out and is still too early. I am going to wait patiently for this set up to develop some more although it does look like a good short. To see our full market break down join our Forex Telegram Channel...