Rising Wedge and Double Top Pattern forming , i am waiting for Reversal trade Entry. Sell on Breakdown. ThankYou
We can see More upside Move till to test the Swing High then can see Reversal in downside. ThankYou
Plan : wait for prices to bounce off from horizontal support --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if...
Trendline has been broken in downside , Now i can expect a drop in dowside, making BearFlag continuation pattern also. Let see how market prforme. Best of luck.
EURAUD are exhausted and ready take off, it is difficult to say this is the entry price but all indicators on h1, h4 and Daily charts shows clear uptrend movement. Possible target is 0,618 which is whopping 150 pips. good luck everyone keep in mind we are in holidays mood where volume are very low. """this is not trade advice""""
EURAUD is approaching our first support at 1.5880 (horizontal pullback support, 61.8% fibonacci extension, 50% fibonacci retracement) where a strong bounce might occur pushing price up to our major resistance at 1.6183 (horizontal pullback resistance, 50% fibonacci retracement). Stochastic (89,5,3) is also approaching support where we might see a corresponding...
EURAUD is approaching our first resistance at 1.6358 (horizontal swing high resistance, 50% Fibonacci retracement) where a strong drop might occur pushing price down to our major support at 1.5960 (50% fibonacci retracement, 61.8% fibonacci extension). Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading...
I AM EXPECTING EURAUD - MORE UPSIDE COMING FOR THIS PAIR LIKE, FOLLOW AND COMMENT
EURAUD is approaching our first resistance at 1.6265 (horizontal swing high resistance, 61.8% Fibonacci extension, 50% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 1.5715 (horizontal overlap support, 61.8% Fibonacci extension, 61.8%, 78.6% Fibonacci retracement, long term ascending support line)....
EURAUD broke out of our short term ascending support-turned-resistance line and is approaching our first resistance at 1.5849 (horizontal overlap resistance, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) where a strong reaction might occur below this level pushing price down to our major support at 1.5440 (horizontal swing low support, 76.4% Fibonacci...
Price is approaching our first resistance at 1.5958 (horizontal overlap resistance, 76.4%, 78.6% Fibonacci retracement, 61.8% Fibonacci extension) and a strong reaction might occur below this level pushing price down to our major support at 1.5618 (horizontal overlap support, 50% Fibonacci retracement). RSI (55) is also seeing a bearish exit and we might see a...
EURAUD is approaching our first resistance at 1.5777 (horizontal overlap resistance, 50% Fibonacci retracement) and a strong reaction might occur below this level, pushing price down to our major support at 1.5454 (horizontal swing low support, 61.8% Fibonacci retracement). Stochastic (55,5,3) is also seeing a bearish divergence and is approaching our resistance...
EURAUD is approaching its resistance at 1.5623 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal swing high resistance) where it could potentially react off, causing price to fall to its support at 1.5458 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal swing low support) Stochastic (55, 5, 3) is approaching resistance where we...
EURAUD is approaching our first support at 1.5794 (horizontal swing low support, 38.2% Fiboancci retracement). A strong bounce might occur above this level, pushing price up to our major resistance at 1.5964 (horizontal overlap resistance, 50% Fibonacci retracement). Stochastic (55,5,3) is also approaching our major support where a bounce off this level might be...