EURAUD Descending near Strong support 🔥🔥 Now EURAUD Down near Stong support look it that for entry "BUY" ❌ IF BREAK NO TRADE ❌ 🔥Resistance ▶ 1.632X 🔥Support ▶ 1.614X Goodluck Ton Trader 🙏🙏🙏🙏🙏🙏
EURAUD waiting for breakout as confirmation to the upside for buying
4h: harmonic pattern: Butterfly. 1h & 4h: price fibonacci cluster. candle stick: bullish engulfing candle.
EURAUD good bullish pattern with inverted head and shoulder formation
euraud in higher time frames is bearish but i am waiting a retracement . we have a fresh supply zone that price may retest there if we break above this mini resistance.
Price is pulling back to the daily resistance level and then we can look to short this pair
EURAUD buy TP @1.65675, SL @1.63209 Reward 206.0 pips, Risk 39.6 pips
From the chart, we can conclude that price starts to reject at the nearest trendline and started going bullish. This can indicate the bullish momentum towards the nearest resistance line. lets wait n see for price action and possible long position.
euraud ready to rally up from here according to its bullish weekly structure and risk on status. I see this pair rallying up 1000s of pips as the next drop happens in indices!
📊 EUR-AUD ELLIOT WAVE ANALYSIS 🌅 As expected last week the bulls took the EUR by the horn upon retrace to the 1.52 price correction level, effect was rapid as the Aussie bears where rallying upon the Aussie due to the recent economic reports. 🗾 This week as seen in the H4 chart attached, we expecting a 5th wave movement on the EUR-AUD as the market is currently...