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.
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.
After the beginning of April dip to 1.43, EurAud has recovered nicely and has had an attempt to reconquer the 1.5 level. This first attempt failed, but the pair found bids again at 1.46 and we can have a higher low at this moment. I expect a new leg high and this time a break above 1.5.
I'm bullish on this pair as long as 1.46 is intact and the target can be 1.53...
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...
. Don't forget about stop-loss.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
The reversal structure identified on the 1H time frame is probably going to incite a retracement of the Impulse leg after which a trend continuation might begin.
NB: It is pertinent that we remain conscious as a breakout of 1.495 could encourage a bullish momentum
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs,...
A follow-up detail on the EURAUD that was published sometime last week (see link below for reference purposes) where unfortunately price hit our stop loss as the bullish momentum we were expecting didn't show up.
The Euro continues to rise against the Aussie inside the 4H timeframe which is evident with a visual representation of a bullish trendline. In the coming...
EURAUD is testing a resistance which has been tested multiple times before.
Price shows doji candles indicating slowing momentum.
We are anticipating some relieve before continuing upwards.
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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.
When it comes to the technical analysis of EURAUD , you might get an impulse to the upside. Based on my technical analysis , there aren't many supports till the Target 1. So you may use this as a buy opportunity. If you are going in, better find a pullback. I have marked a good entry area on the chart; you may use it as an entry area. And also don't forget to...
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 watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
If you like this idea, do not forget to...
EURAUD Price has drop again with long-term trend is still downtrend,
Keep an eye on the support area. whether the price will be able to break down or not ? ,
Including the price entering the zone descending triangle, so expect that the price will continue to sell again,
If this support falls below, please follow.
Goodluck ❤️
Tamjaitrader ❤️
EURAUD BUY LIMIT
@ 1.4650
SL 1.4550
TP 1.4730
TP 1.4800
USE PROPER MONEY MANAGEMENT
DON'T USE ABOVE 2% OF YOUR BALANCE
Traders, if you enjoyed this concept or have a perspective on it, please share it in the comments. I'll be grateful.
EURAUD bounced from the support level of the major Descending Triangle in the 4-hour timeframe chart. we expecting the pair to retest the key levels listed on the chart.
We taking this trade based on technical analysis and price action.
(1) DO NOT ENTER ANY TRADE BEFORE THE ENTRY LEVEL (GREEN LINE)
(2) USE YOUR STOP LOSS
(3) DO NOT HOLD A LOSS FOR MORE THAN 2...
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 moving up aggressively now the pair is going to meet weekly resistance for first time but in the fundamental EUR is strong but however particular currency cant be weak for weeks..so i think it can go down for sometime ..so i am shorting this pair once it received goldilock zone..
EURAUD after touching support zone multiple zone ..it breaked previosuly previous week..now it came for retest...now i am waiting for go short at perfect time...
if we go short here we can catch easily 400 + pips.
![EURAUD: EURAUD [H4] Price has drop again with long-term down trend 🔥🔥](https://s3.tradingview.com/3/3fnLYB0f_mid.png "EURAUD [H4] Price has drop again with long-term down trend 🔥🔥")
