As show before once we get a break of the pullback high line we get a burst to the upside so once we break this line I am expecting a clean long position.
Looking for EURAUD to reverse now and gain bullish momentum. We have seen a break of structure (bos) and have tapped into the last daily down candle before the impulse up. Would like to see bullish price action from now. I have two potential entry areas shown on my chart. Looking to risk 1% on the first entry and 2% on the 2nd resulting in a maximum loss of...
According to Price Action tCCI We have a clear Convergence between chart and CCI
EUR/AUD analysis; Price will continue to buy long term from support price $1.59000 to next resistance price zone $1.62100
highr time frame bullish bias 1 hr buy setup after entry confirmation.
Hey tradomaniacs, EUR/AUD is still in a correction-mode for the mid-term-trend and could continue to move up after multiple attempts to move down which got absoprbed as you can see with the previous fake-moves to the downside. A good condormation for EUR/AUD to move up in terms of correlations would be falling indicies and so a risk-off-mood in the...
Response from the region should be expected . The risk-reward ratio should be set to at least 1:1
In my previous post about EurAud I've argued that we can have a higher low in place at 1.5450 and I expect an upward continuation. Since then the pair had a failed attempt to conquer 1.56 important resistance and failed. However, bulls quickly took control and at this moment EurAud is trading again in this resistance and we can consider a new higher low is in...
*** Inside a bearish price channel... Blue *** Shapes with Hermonic Pattern... Gartley... Orange *** Bypassing a white trend = touching a blue trend.. *** It crossed a blue trend = 1.6144, then fell to 1.5849, then climbed to 1.6342
This pair has started the upwards move. Waiting for it to correct downwards to 61.8 fib retracement before shooting up again. Good risk to reward.
POW reversal strategy in use here for this trade. Trade details for current trade are shown on the chart. We are working the 15M time frame on this strategy. We're looking for the green line which is take profit target. Little red arrow is entry point and purple line is stop loss. Previous trades can be seen on chart also. As with every idea trade history...
Yesterday I was wondering if we have a higher low in place for EurAud, and it looks like this at this moment with the pair putting in a morning star candle formation on our daily chart. However, 1.5600 has proven to be strong resistance and sellers were strong here so far. In order to continue to my 1.59 target, EurAud needs a daily close above this...
After breaking under 1.56 support, EurAud fell hard on Monday and reached a local low at 1.5450 At this moment the pair is recovering and there is a strong possibility of making a higher low followed by a new leg up. I'm bullish as long as 1.5450 is intact
Ill be watching very closely for buy trades from around the supportive region of 1.56000 to make a bounce into 1.56500 resistance area.. this will correlate perfect with the short term upside move I'm looking for on other EURO pairs.
After the recent low slightly under 1.54 from the end of October, EurAud has started to trade higher and managed to break above 1.56 resistance early this month. Now the pair is consolidating and forming a pennant and a break of the resistance trend line could lead to more gains and we can see EurAud testing 1.59 resistance I'm bullish as long as the price is above 1.56
A new higher high at 1.57463 was formed yesterday. Price has pulled back to the previous higher low at 1.55970. If price shows bullish evidence it can stay above the last higher low(buyers/demand) a new higher high could form if the buyers can increase the momentum here.
Hi everyone this is my trade set up for the EUR/AUD This is my analysis only please trade with caution and risk management in place look for pullback to zones lined off on chart then if it meets your criteria for a trade then execute good luck for this weeks trading please like and comment both are welcome
Hello Traders , Welcome to this analysis, we are looking at the EURAUD the 15M timeframe. My trading strategy is based on the simplicity . Please don't forget to FOLLOW , LIKE and COMMENT . If you like my analysis. Thank you and Good Luck!