We are predicting that this harmonic bat pattern shown on the 1 hr chart will be completed. Price action is showing a downward trend giving the pattern confirmation. Our strategy is to trade the 4th leg of the pattern and we will post updated with targets. FX:EURAUD
We are currently trading the 4th leg of a Bat Pattern that is forming on the 1 hr chart. We are predicting the harmonic pattern will be completed on the condition that the yellow resistance zone is not broken. FX:EURAUD
We see the formation of a harmonic shark and butterfly pattern on the 4 hr chart. We have averaged down our position and our strategy is to target the 4th legs of these formations. FX:EURAUD
EURAUD / Gartley with Wedge Pattern Hello! I have for you a very interesting SHORT idea: Stop on the chart. All details available on the chart, but if you need - please comment and let's discuss.
EURAUD TREND CONTINUATION TRADE Hi Guys. Watch bottom for long. Good luck. Trade with care and use good money management. Please support the setup with your likes, comments and by following on TradingView.
Pair: EURAUD Prediction: BUY / LONG Target 1: 1.59200 Target 2: 1.60100 Confluence: 1)Break of a daily bearish trendline 2)D point reached of a harmonic bat pattern. 3)2 Bounces on the Harmonic D zone
IMPORTANT use position size calculator, do not risk more than 1% move SL slightly above 2-day high as soon as new D1 candle closes
FX:EURAUD My Prediction Need another one or two candles on the support level for long trade
ON THE WEEKLY CHART, PRICE BROKE OUT FROM THE ASCENDING WEDGE AND IS CURRENTLY DOING A PULLBACK FOR THE BIG MOVE ON THE DAILY PRICE BROKE OUT OF THE ASCENDING WEDGE (WHICH IS THE PULL BACK ON THE WEEKLY) AND HAS GONE INTO CONSOLIDATION i AM EXPECTING PRICE TO BREAK OUT OF THE BOX AND THEN i WILL SHORT THIS PAIR. MY EYES ARE ON THE 1.5700 AREA.
Hi Traders ! just keep it simple . lets ride .
Use well the Trading Plan
At the moment we have this pair ranging after it's trend line breakout on Friday creating uncertainty whether it will return to the downside or not. Patience patience patience, let it breakout to either side of the box THEN enter!
Eur/Aud - Weekly chart - I see a break of trend structure on weekly chart so I am expecting bullish moves from this pair now. Looks like we may have created a higher low on weekly chart. great risk to reward.
For the previous days, the EURAUD pair has been continuously consolidating few pips above the support-now-resistance area. Due to the unwillingness of the bulls to fight on, it was hugely followed by a series of bear attacks. This of course, after another formation of inside bar, has made me point out to enter a short position for a quick trade.
We have a buy signal generated on EURAUD supported by our technical analysis. Incase of a pullback, we expect a retest of the daily support and a rally to top.
Looking for some downside here in the EURAUD since it has made its way to the channel upper trend line. The time to consider short trades is at this point with a target of the channel lower trend line.