Current price action retesting broken triangle support line at 1.448 - 1.453 Macro favours a short position as well, as the RBA looks increasing likely to end its easing cycle, while the ECB mulls additional stimulus in its Dec meet. Height of triangle : Approx. 1,700 pips Trade Idea: Short : 1.45-1.453 SL : 1.463 First TP target, 1.37-1.38 (1/2 of...
Broken triangle pattern, with previous support (1.448 - 1.453). now turn resistance. Macro is also supporting a short of this pair, with the RBA looking to end its easing cycle, while the ECB mulls expanding stimulus in its Dec meeting. Height of triangle pattern = Approx. 1,700pips. First target, half of triangle : Approx. 850pips, 1.37-1.38 (2014/2015...
A down Trend In the EUR/AUD , looking to Bearich Mouvement +500 point
After ew 3. wave now corrective 4 wave time. after correction watching to take long position 5 wave.
Greetings traders! Put a short order on this pair as it could bounce of the 20 EMA and trendline. Doji candlestick and MACD divergence confirm high probability of the downtrend continuing its run toward the 1.4000 support area. Hope you liked this idea, thanks for the support and good luck!
Hi traders, today i've found another particular pair at a very important decision point. As you can see above, here we are retesting a daily level that recently had been broken. This level lines up nicely with two powerful fibonacci retracements. With that being the case, over the next days we are going to look for some opportunities in lower timeframes (1hr and...
The weekly chart shows that EURAUD has been in a trending down channel for a year. While there have been many dips below the lower boundary, two weekly closes were below it recently. This past week returned to touch the boundary. This is an excellent short opportunity to capture a full move down without chasing the breakout. My first price target is 300 pips based...
Today only! EURAUD H1 Short Less is more. Vosive
EURAUD - MONTHLY - HUUUGEE shorting Oportunity Possible Bullish Shark as TP - Parity is a possibility. This is not a trade execution, trade coming soon, EURO possibly to bomb from here.
PRICE TOUCHED FOR THE 3RD TIME THE 1.48840 LEVEL. IF PRICE FALLS, ENTER TRADE AT 1.48748. STOP LOSS SHOULD BE ABOVE 1.48940. PROFIT TARGET IS 1.47119. WAIT FOR THE BREAKOUT FROM THE TREND LINE.
Long EURAUD: 1. Based on the last 16yrs of daily close data (since 01/01/2000 to date) EURAUD has a cumulative probability of a =>6th day lower at 0.87%, hence there is a implied 99.13% chance of reversal on the daily. Trading Strategy: 1. Buy EURAUD at market in 1xlot, and add 2x on each daily close lower from here. Start in VERY small lots to reduce risk...