Welcome to our weekly trade setup ( EURAUD )!
Bearish break below main sr level.
Overall bullish market turning right now..
Great short entries for a retrace setup, expecting a push to previous lows.
ENTRY LEVEL @ 1.64670
SL @ 1.65360
TP @ 1.63630
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels -...
EURAUD is trading in a massive upward channel with a strong horizontal support in green as an additional backup.
After the in-channel diagonal resistance was broken, the pair was set free to go up with the channel and retest the upper bounds.
Now, the small diagonal resistance has...
Hope you all have a fantastic day !
I would appreciate any likes and follows from this idea, that would encourage me to publish more ideas and analysis.
EUR/AUD has made a move back inside the parallel channel after failing to break through it. We expect price to move lower.
Let us know what you think about this idea.
Trade safe !
Hope you are having fantastic summer and also are finding time for trading as well :)
I will really appreciate any likes and follows, that would help grow this channel.
Let's take a look at EUR/AUD at 1H chart. We can see price has been ranging in this parallel channel for some time. Lately price made a nice bullish movement but now price holds...
Cancel/pending plan few minutes before news! (Medium/high impact news)
Decide your target, manage your risk..!
Turn off your PC..! Let your choice running..!
The content on this analysis is subject to change at any time without notice, and is not provided for assisting traders...