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
EUR/AUD Update +70 Pips And New 2 Entries Is Available This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting...
EURAUD reached 50% retracment and confluence at support area, waiting confirmation for the upside breakout to enter long position
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
Hi all traders. Am looking for this potential retracement then major sell down for EA. Cheers!
EURAUD moved insde the yellow box area for 2 weeks and today we finally see a soid close above he ranging area on the 4hr timeframe. We could see price continue moving up to next resistace at 1.6550. A solid close above it will also open the possibility to go up until 1.6700 area. We could try buying EURAUD on the retracement or retest of this ranging area. Buy...
The counter has been confined into an asymmetrical pattern for the past few months, which depicts indecisiveness. Now, it has made a bullish breakout from the pattern. Further, it has formed an inverted head and shoulder pattern and broke out of the neckline. Hence, we expect the pair to be bullish in the short-term.
EUR/AUD is showing us ranging price action. If the price breaks this area to the upside, I would be interested to go Long. Otherwise, if we break the area to the downside, I will re-evaluate the situation.
EUR/AUD is forming an inverted head and shoulders formation. If price action remained the same, we would be looking at going long here.
Please see the chart for a breakdown, hopefully this helps someone
Enjoy a free signal before the week gets started Feedback, Likes, comments, and shares would be appreciated. We have left a major 3hr s/r area where market has had a reversal This would be a great opportunity to catch the trend reversal Also we have 2 major monthly downtrend and uptrend lines colliding Market has respected the major 12hr uptrend line, soon...
Placed a Buy limit around the 61.8 retracement level. I am confident that price will retrace from this level as we have created a double bottom in the past.
EUR/AUD Update +130 Pips From Today Analysis
New Entry For EURAUD To Catch 300 Pips
long trade setup on EUR/AUD wait for the neckline breakage GOOD LUCK!
forgot to post this on friday..well if u caught it good..trade smart..be BLESSED..
Going for at least 50 pips on this short; has higher time frame resistance might push it down. Riskier than other trades this week.