Welcome to our weekly trade setup ( EURAUD )! - 1 HOUR Small bullish pullback in a bearish market. 4 HOUR Bearish market with several small pullbacks to the upside. DAILY Great short entries to follow the trend! - FOREX SETUP SELL EURAUD 1ST ENTRY @ 1.61320 2ND ENTRY @ 1.61740 (wait for trigger) SL @ 1.62480 TP @ 1.60050 RR: 1.1 / 2.35 Use 0.5% risk per...
Hello traders! There is a short setting up right now for 40 pips. Stops can be tighter than 20 pips by using the top of the 1H bar just completed. If it does head down that way, can hold on for the original trade mentioned earlier between lines B and C. Best, Jay
I'm looking at a trend continuation trade here as the EUR continues to show weakness. Price is holding at kijun sen right now and I'm watching for a push back down to price structure lows as my target. This one is pretty straight forward, and while we have some spots we can look to take some partial profit, I'll just adjust my stop loss to breakeven after...
Hello traders! This trend might be a little overplayed but it may still deliver the pips. In this trade we are shooting for 40 pips between lines B and C. Looking back at the nature of this trend, the T1 and T2 levels are more likely to be hit, rather than the T3 level which could be a launch level, thereby eliminating our short but we won`t know until Monday....
EURAUD LONG PERSPECTIVE Wait until the current trend chanel broke.
Significant Decline (H4 Graph Time). Stochastic with the red line above the blue line (the bear's dominate). The red line above the green line inside the Ichimoku cloud which is a sign of continued declines. Target: 1.5980
After forming a long range right below the monthly PRZ we can see how price created a nice support at the 1.6200 area that also lines up with the 38% and the 61% but this week we finally saw how it broke and clsoe right below it forming a new low so right now i mexpecting a drop to the 1.6070 area maybe the 1.6000 area
EURAUD As previously mentioned we have a head and shoulders pattern on the daily time frame. Price looks to be breaking out to the downside but it could be a fake out and is still too early. I am going to wait patiently for this set up to develop some more although it does look like a good short. To see our full market break down join our Forex Telegram Channel...
Hey tradomaniacs, welcome to another free signal of Week #43 Nr. 1 How to trade: Wait for the breakout below the trendline and horizontal support before you sell. Type: Daytrade Market Sell: 1,62443 Stop-Loss: 1,62814 Target 1: 1,62101 Target 2: 1,61712 Target 3: 1,61506 Stop-Loss: 37.1 pips Risk: 1-2% ----------------------------- ...
EURAUD Clean Head & Shoulders with EA on the daily perspective. EA is looking very bearish on the higher timeframes. On the lower timeframes we appear to be in a slight uptrend still. EA is a bit tricky right now so being adaptable will be key. To see our full market break down join our Forex Telegram Channel link in my bio!
Price is up against some heavy resistance @1.63 and we can also see that Bearish momentum is increasing so I guess we will see a further decline in Price in the next few days. Crucial is a break of the trend line on the other hand if there is a break of the counter trend line I will close the trade manually. I hope my on screen analysis is clear but if not feel...
EURAUD not able to break strong resistance Line. Tgere are three different reversal formation above. We are selling EURAUD from 1.62500 and take profit at support level at 1.6015.
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EURAUD at short time. It will be long. And for long time it will be short. Remmenber mangement of your risk.