The price brokeout of a 5 - months rectangular consolidation (range). The price is a approaching a predicted ascending channel resistance + trend based fibonacci extension level (1). Possible price action pattern indicated.
Yesterday I was wondering if the break above resistance is genuine, and it looks like it... Now EurAud is trading well above resistance and is determined in its way to 1.7 Dips should be bought for this pair and the R:R could be more than 1:2 for a long trade
For 5 months now, EurAud is trading in a range... However, From September the move looks constructive and in October we have a new base at a higher price. The pair is trading now above resistance and this could be a genuine break. I'm strongly bullish as long as the price stays above 1.65 and in the case of a real break I expect a rally to 1.7 zone
You know the deal -> Arrows... LONG. Here is the Daily; ... and... Here is the LONG Entry off of the 4hr.
SWING trade of the day - EURAUD Entry point @ 1.63450 Take profit @ 1.65800 Stop lose @ 1.62800 90 PIPS target Do not risk more than 1% of Your capital
Hello Traders! ------------------------------------------------------------- 🚀Sell Execution according to the market.
Hello Dear Traders, here is the full UPDATED Analysis / Breakdown for EURAUD. HIT THAT LIKE AND FOLLOW BUTTON! A like & a Follow or comment is a Free way to Show your support! Conditions - 1.Wait for confirmation(Wait For Price Action Confirmation / Market Environment Change ) 2 .Use Risk Management (Risk 1% of your capital) 3.Do your Own analysis! 4.Follow for...
price is moving in supply and demand zone we broke the local resistance and now trading above if we hold retest the local resistance than we can go higher from here. and follow the orange path if we don't hold the local resistance zone than we can touch the demand zone and after adding more fuel we can go higher to break the resistance if break than we will...
Price is looking to break out of its range and head to its daily resistance, waiting on a pullback and retest before entry
From what I can see on the daily price is just ranging in this small area however there is still an opportunity to make profit.. Price has broken its current structure and is going to retest its support zone I am waiting for a bounce off of one of the Fibo levels then we can go long
Hey tradomaniacs, welcome to new free trade-setup. EUR/AUD: Daytrade-Execution Market-Buy: 1,62245 Stop-Loss: 1,61770 Target 1: 1,62685 Target 2: 1,62035 Target 3: 1,63290 Stop-Loss: 47,5 pips Risk: 0,5% - 1% Risk-Reward: 2,2 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to...