I think EURAUD may not be setting up for a nice bull wave. Please leave a like if you support the idea or a comment below. Thanks
Good Day traders !! On the Daily timeframe we can clearly see that EUR/AUD is on a downtrend wedge and we expect more continuation to the downside , We do have two areas of supply where the liquidity could be grabbed before the next impulse. We also noticed that we tested all the levels of the FIB retracement on the previous leg and strongly rejected the 0.618 as...
Good Day Traders !! On the Weekly timeframe we have an "M" formation We retraced to the neckline which in in confluence with the 0.5 Fib level and we are continuing our way to the downside. I traced the two potential targets for the next weeks, Please see the daily analysis if you are looking for an entry. From An institutional perspective we have on Euro...
Good Day Traders !! On the Monthly timeframe on this pair we have an "M" formation that was printed and we rejected the neckline and started our downside movement. We are currently approaching a very strong area of support and the market might easily reject this area and continue it's move to the upside. However when we look at fundamentals and also the COT data...
weekly key reversal bar pointing rising, 1.5365 & 1.5280 support areas, may take risk for long from levels by splitting risk on both positions, 1.5280 more ideal level for buy.
Hey tradomaniacs, EUR/AUD has tested a very strong resistance-zone 👉 In case of a re-test of this zone and a risk-on-sentiment in equities, we can expect this pair to continue its trend!👌 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me
EURAUD is clearly in the middle of a downtrend. By the way its shaping in the High Time Frame no, its clearly already showing exhaustion signal by forming a downward sloping descending channel. Last wek, EURAUD price has just broken below a Lower TF Ascending channel structure impusively followed by break of bearish continuation flag in H1 TF. I’m anticipating...
This has made a good retrace, I would like to see it touch 0.5 Fibonacci ideally before dropping. MACD and EMA's have this on the verge of being bullish on this timeframe so I want to see these cross back lower before entering a trade. If they do not then this could continue higher to the next resistance level before dropping. I have set TP just below the...
Hey tradomaniacs, welcome to another free trading-setup. Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation! EUR/AUD: Day-Swingtrade-Preparation Market-Sell: 1,53100 Stop-Loss: 1,53910 Point of Risk-Reduction: 1,52500 Take-Profit: 1,50850 Stop-Loss: 81 pips Risk: 0,5% - 1% Risk-Reward: 2,8 LEAVE...
Disclaimer: the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions. this is not a signal. it's my opinion. trade your own risk. and Must Follow Money...
Descending channel broke up before but price has reached to it's lowest level and needs to come higher again and get back within the channel again. So in my opinion 70 to 100 pips is possible.
EURAUD CURRENTLY PRICE MOVE TOWARDS DOWNWARDS... PRICE LEVEL IS IN DAY LEVEL FRESH SUPPORT ZONE THERE IS POSSIBLE IT CAN MOVE UPWARDS.. BUT EUR CURRENCY IS WEAK...WAIT FOR CONFIRMATION AND THEN GO LONG... IF PRICE FAILS TO MOVE UPWARDS THEN GO SHORT..
EURAUD, break out strong trend line and Strong Support!
Hi Traders EUR/AUD Signal (Daily Timeframe) A high probability, entry to go SHORT formed @ 1.55920 after the market found resistance @ 1.59461. Only the upward break of 1.59461 would cancel this bearish scenario. Trade details: Entry: 1.55920 Stop loss: 1.59461 Take profit 1: 1.53831 Take profit 2: 1.50290 Take profit 3: 1.44518 Score: 9 Strategy: Bearish Breakout
Good day Traders !! On this multi-timeframe analysis we will make a full breakdown of this pair. Monthly : We have an impulse correction impulse pattern and we could be looking at a potential target 1.50 Weekly : We are currently on the 5th wave of Eliott for the last impulsion to complete the pattern before the correction sequence "ABC" Daily : We have a...
As salam alaikum Already shared Monthly Analysis two days ago. Few of you have asked me about Lower TimeFrame so here you go. T.A Review: Bearish Channel on Monthly TF Strong DOJI at Monthly TF Bullish Channel on Daily TF 1.56 seems to be demand zone. All are indicating Bullish Movementum F.A Review: We've got a busy week. EUR might manipulate...
As salam alaikum T.A Review: Bearish Channel Strong DOJI at Monthly 1.56 seems to be demand zone. All are indicating Bullish Movementum F.A Review: We've got a busy week. EUR might manipulate vigorously. Dollar Strength and Covid-19 can't be ignored. T.A indicating BULLISH but AUD & EUR both are BEARISH Fundamentally. But eventually we've to be patience...
Hey tradomaniacs, welcome to another free trading-setup. EUR/AUD: Daytrade-Execution Market-Sell-Order: 1,58340 Stop-Loss: 1,59100 Point Of Risk-Reduction: 1,57745 Take-Profit: 1,56920 Stop-Loss: 70 pips Risk: 0,5% - 1% Risk-Reward: 2,0 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see...