We can see a double bottom and a break of a previous LH we just wait for a test at our marked zone and a buy opportunity based on structure and news
A clear break of the trend and we wait for a test at the zone for a buy
I believe we may be witnessing a fake trendline breakout here on EURAUD due to the fact that the main demand is still being rejected. We created EQL's within the demand which has now been liquidated, this could be enough liquidity for the banks to make a buy move. Traders, if you have your own opinion about this idea, write in the comments section, I always...
after the full top-down multi-timeframe analysis this is the best scenario for euraud for the long term
swing trading .. buy signal for #EURAUD daily TF. swing trading .. buy signal for #EURAUD daily TF. swing trading .. buy signal for #EURAUD daily TF.
Buy: EUR / AUD SL @ 1.55720 TP @ 1.57460 Max Risk: 2% (When calculating, do not forget about different spreads from Brokers) Leave comments or likes to keep our content free and alive. Have a good week to everyone It is not an investment recommendation
EURAUD price reached a strong support zone and trying to recover. As we can see there is a 61.8% fib level support also lies. So we are expecting that bulls will regain their positive momentum and pull the price towards the resistance area at 1.5800. Good Luck!
EURAUD has confirmed its long term sell trend as it has broken its trendline now it will retest old supports so above mentioned areas should be kept in view
H4 time frame. Structure: Uptrend. At the price zone of 1.57000, a divergence signal and a double bottom reversal pattern appeared. Waiting for the price to break the Key level at 1.59000 and the retest signal to confirm the uptrend, we can find buying opportunities. Profit target is 1.61500 and 1.64000 price...
For more daily detailed analysis, don’t forget to click on the follow button. Also, please ask any questions you may have and I will be happy to answer them. The EURAUD recently hit our targets and we are looking to RE long on smaller TFs. Longer term move is upwards to more comfortable resistance. We will look for this move out after the next dip in price.
Hello. After the failure of the specified level and the completion of the pullback, the price rises to the previous ceiling
EURAUD has created a potential double bottom which we will be looking to go long. Please like the idea if you find it helpful.
SEll: EUR / AUD Sell limit: 1.57440 SL @ 1.56590 TP @ 1.58880 Max Risk: 2% (When calculating, do not forget about different spreads from Brokers) Leave comments or likes to keep our content free and alive. Have a good week to everyone It is not an investment recommendation
Don't forget to Click on the follow button for more daily professional analysis. Also please do ask any questions should you have them! With Eyes on news sentiment and the ECB the EUR has seen a recent rise up. The EURAUD has seen a recent rally from the lower end of our P channel. This move up will continue after a dip. It is not likely to fly all in one...
Looking at another quick move to the upside from around the level of 1.58100 if we can see another rejection! target areas will be the last spike it made into 1.59000 and possibly further.
In the areas marked with arrows, the trend is specified and you can enter the purchase or sale order
W1 TF: Room for more LONGs D1 TF Look for fresh H4/H1 zones to take entries H4 TF BUY zone in H4 H1 TF: 2 buy zones identified
Elliotwave Fib retracement Wychoff All are involve