Dear traders In some charts and currencies, we cannot have an exact technical analysis, which might be due to a complex corrective wave. Diagnosis of these kinds of wave are very difficult and sometimes they are impossible to identify. In these cases, I am looking for patterns that are formed in the market, the most important of which are Diagonal and Triangle....
EurAud found a strong bottom at 1.6150 zone and after a few days of consolidation in this zone the pair exploded to the upside. A correction followed, a new leg up and now we are again in a correction. This 1-2, 1-2 patterns usually are followed by big moves and I expect a strong leg up for this pair to at least 1.64
Price action could not break the strong support area; now bulls have lined up to control the pair. After the pullback in price, testing the Fib level 0.786, and forming a bullish wedge pattern, we could expect the uptrend continuation in the price action towards the previous high with a TP1 at the wedge's projection pole. The order: Type: buy-limit S/L: 37 pips...
For more than 2 months now, EurAud is trading in a range with a base on 1.61 zone and a top at 1.65. Now the pair is approaching the low of the range and I expect a rebound from here. I'm looking for a signal to buy in this zone for 1.64 target. Interim resistance is at 1.6250
Hey tradomaniacs, welcome to a new free trading-setup. EUR/AUD: Daytrade-Execution Market-Sell-Order: 1,61560 Stop-Loss: 1,62250 Target 1: 1,60875 Target 2: 1,60610 Target 3: 1,60040 Stop-Loss: 69 pips Risk: 0,5% - 1% Risk-Reward: 2,42 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more?...
Euraud bulish signals are u ready for tp
Hi all traders. Am looking for this potential retracement then major sell down for EA. Cheers!
Euraud buys on-demand zone .we expecting bullish from buy zone.
Since Tuesday, this pair has been dominated by the bears, a strong bearish bias, and the price action falling while holding the 18EMA. The downward movement might find support over the ascending trendline from a broader look (D1), it allows the setup of short entry if price retest the recently broken consolidation area, The order: Type: sell-limit S/L: 43 pips...
With price action recently breaking the descending channel for a bullish continuation, it shows the bullish momentum heading towards the previous supply zone. The price has reached a resistance level where I could expect a correction before moving higher. A long entry is placed at the Fib level 5.0 and retest of the channel's trendline. The order: Type:...
I believe my initial analysis of this pair was incorrect, upon further analysis we can see divergence on the weekly TF, as well as price, breaking the weekly trendline If you notice we also have a rising wedge pattern which is another indication of a change in trend We will wait for a breakout and a retest before entry on a lower TF
As we can see in this chart price was rejected from this area previously and I am looking for a bullish breakout of this area before buying to the next level of resistance
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Price action forming the bullish pattern of clear HH&HL, currently testing the golden fib level signaling the probable end of correction for further uptrend continuation to a new swing high. Price structure allows the placement of a long order with the following setup. The order: Type: buy-stop S/L: 51 pips - R:R | 1:3.5 - T/P: resistance level -- *** If you...
Hey tradomaniacs, welcome to a new free trading-setup. EUR/AUD: Daytrade-Execution Market-Buy: 1,65250 Stop-Loss: 1,64300 Take-Profit: 1,67370 Stop-Loss: 95 pips Risk: 0,5 % - 1 % Risk-Reward: 2,27 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions?...
As we see price bounce back from support level and fail to break support area & still continue to up move we entered to trade from last week and still look for good pips guys if you like our idea support us we appreciate ur likes and comments Follow us for more updates