EURAUD: Continuation of Bearish TrendEURAUD is in Bearish trend and printing LH and LL. from last few days, it is moving in box structure. there is no divergence, most probably, after breakout at downside of box structure, it may resume the downward bearish trendShortby ALIHAMID0
✅EUR_AUD BREAKOUT FROM THE WEDGE|LONG🚀 ✅EUR_AUD broke out of Narrowing wedge pattern And the breakout is confirmed So I think that after the Pullback and retest I will Be expecting a move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅ Longby ProSignalsFx117
Short in EURAUD"I have entered a short position on EUR/AUD as both a bearish harmonic pattern and a supply zone have been identified. After conducting a thorough analysis, I have observed the formation of a bearish harmonic pattern, indicating a high probability of a downward price movement. Additionally, the price has reached a significant supply zone, suggesting increased selling pressure. By taking a short position, my objective is to capitalize on the potential price decrease and maximize my trading profits. I will closely monitor the price action, market sentiment, and relevant economic factors to effectively manage my position and make necessary adjustments as the trade progresses. As always, risk management remains a crucial aspect of my trading strategy to protect my capital and achieve optimal returns."Shortby JuanHernandez1
EURAUDTechnically the trend has already turned around. And now it's better to see a short trading opportunity. Maybe next week this pair will test the volume profile zone. So be patient and wait for a good trading setup. The analysis is provided for educational purposes only. Be aware of the potential risk of loss before your own trading decision.by NsnjrglBil1
entry point loss limit interest rate eur/audentry point loss limit interest rate Stay with us friendsLongby razban_fx1
Overview of the eur/aud currencyHello friends Follow us to see the entry point and confirm entryLongby razban_fx0
EUR/AUD BEARISH BIAS RIGHT NOW| SHORT Hello,Friends! EUR/AUD pair is in the downtrend because previous week’s candle is red, while the price is evidently rising on the 1D timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.634 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is likely. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignalsUpdated 9925
EUR/AUD SELLEUR/AUD has been ranging all last week and had now broken down below structure and closed below zone. Price closed below zone of 1.61700 on the 4H EA and has now confirmed sells. Upon seeing this I waited for a retracement to 6EMA at a sell limit and entry @1.61800 with sl@1.6213 risking 33pips. TP1:1.61200 TP2:1.6105 TP3:1.60800 TP4: 1.60600 Trading during Holidays so will take time as also trading on 4H candles. Utilise proper Risk Management take partial profits at each TP. I will stick to my Rules and trading Plan. Shortby mrachaw1
DeGRAM | EURAUD price deceleration at the support levelEURAUD rebounded from the support level; creating a false breakout. Price decelerated while approaching the support level. The market has reached a significant level on the daily chart, so it makes sense to take advantage of long trading opportunities. We expect a bullish move to potentially break out of the descending channel. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!Longby DeGRAM117
EURAUD Idea H1Here is my analysis for EURAUD on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!Shortby Aznan_Alsidik1
EURAUDLooking towards long term sells for this pair. Potential 300+pip drop awaiting Jan 2024Shortby Bermytrader112
Mistakes that traders do. Don not do this guys.Hey guys. Never set your SL at local high or low. Do not become a liquidity for somebody.by SimpleTradingYUpdated 110
EURAUD Trade ideaPossible EURAUD Trade scenario on 4 hr timeframe Manage risk Make it breakeven at 1:3 RR Indicator based SMC approach Follow and like for more such setupsby Deefx690
Short in EURAUD"I am currently in a short position on the EUR/AUD pair due to the price reaching a supply zone where it is highly probable that the price will decline. After conducting thorough analysis, I have identified a significant resistance level in the form of a supply zone, indicating a strong selling opportunity. This zone suggests that selling pressure is expected to surpass buying pressure, increasing the likelihood of a price reversal and downward movement. By taking a short position, I aim to capitalize on this potential decline in the price and maximize my trading gains. I will closely monitor the price action and adjust my position accordingly to effectively manage risk."Shortby JuanHernandez0
EURAUD Still on Bull Run or Shorting Will Start {22/08/2023}Educational Analysis says EURAUD may move in this range for some time according to my technical. Broker - FXCM This is not an entry signal. I have no concerns with your profit and loss from this analysis. Why this range? Because EURAUD is in an uptrend from a very long time. There is a lot for stop loss orders under every new higher low. Although it is in an uptrend, the market may come down to collect sell-side liquidity and fill fair value gaps. Then shoots up to the new high. Let's see what this pair brings to the table in the future for us. The Red line is the high and low of the current price. If any trade setup I may find please check in the comment section. I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS, Happy Trading, Fx Dollars.by VishalBudhraniUpdated 444
euraudNow and at this time, dear friends, you should wait for BUY anything is possible even failure?! Longby daviid_starUpdated 12
EURAUD - Trade PlanFAIL TO PLAN - PLAN TO FAIL So this trade plan is fairly simple. Rules to Follow 1. First and foremost, we need a break and hold above the descending trendline 2. Second, if or once we get the bullish breakout, we need price-action to pull back approx 50% of the bullish breakout impulse. This setup doesn't need a full pullback to support, which is currently triangle descending resistance. 3. Enter a small enough lot size to allow an additional equal or slightly larger lot to be executed again on the long side if price-action happens to go against the trade by 100 pips. On the chart, I left a comment in yellow showing where I plan to add a second long entry. If all out fails and price action breaks above the descending trendline and then decides to close back below this trendline that I'm referring to, I'll exit the trade and book a loss. That's it - That's all Trade Safe!Longby Michael_Harding4
euraud analysis. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a tradeLongby wavesscoutforex110
EURAUD still bearish to expect in next periods Hi viewers, EURAUD price ON zone, here one more bearish push for next periods to expect TP1: 1.60450 (150) TP2: 1.59200 (280)Shortby DepaTrading222
#EURAUD: 400+ pips easy target! Dear traders, Hope you are doing great, with EURAUD we think price of this pair will soon drop. There are two factors first one is price already rejected multiple times and then price dropped, this technical view indicates that price will drop further as we move ahead. Secondly, fundamental side support our view, gold is expected to rise and break all time high record if the data indicates us dollar weakness. gold and aud is positively correlated which means they follow the same trend. like and comment if you agree with the idea ! got any question comment down below. ;)Shortby Setupsfx_Updated 5518
Is a simple zigzag enough?? or correction of a larger degreeHello! I am a big fan of the Elliott wave principle, which I find very interesting and useful for market analysis. I have developed my analytical approach by combining this principle with my personal experience and considering various scenarios that could occur in the market. While I would like to share my analysis with you, please note that I am not providing a buy or sell signal. My primary intention is to share my unbiased analysis so that you can utilize it as a guide to make an informed decision. To build your confidence in my analysis, I always share my previous analysis from the same market so that you can compare and see the progress. All the details of my analysis are clearly labeled, which should make it easy for you to understand. I hope that my analysis is useful to you in your business journey, and I wish you all the best. I am looking forward to hearing from you. Lastly, I would like to mention that like-mindedness and support, comments, and likes are the most important pillars of progress, just like support points in the financial markets. They give me the energy to continue and share more ideas with you. Sincerely Shortby mehdi47abbasi797
EURAUD Potential DownsidesGreetings Traders, In today's trading session, our focus is on EURAUD as we actively monitor a potential selling opportunity around the 1.62200 zone. Operating within a downtrend, EURAUD exhibits a sustained downward trajectory. Concurrently, the currency pair is navigating a correction phase, gradually converging towards the trend at the critical 1.62200 support and resistance area. This numerical level bears significance as both a historical support point and a pivotal juncture where the correction may interact with noteworthy market forces. Trade safe, Joe.Shortby JoeChampion117