Looking for EURAUD to reverse now and gain bullish momentum. We have seen a break of structure (bos) and have tapped into the last daily down candle before the impulse up. Would like to see bullish price action from now. I have two potential entry areas shown on my chart. Looking to risk 1% on the first entry and 2% on the 2nd resulting in a maximum loss of...
EURAUD Currency Pair Exit Target Price = 1.61709 On the weekly chart, you will see a cluster of highs at price 1.61 area. That is the level to exit long positions and keep one long position open with a trailing stop loss.
on EurAud expect to Buy the LOW after mitigate the OB
EURAUD made ABW pattern in H1. OANDA:EURAUD Retrace in fibo 2.24 and made reversal pattern
EURAUD Ascending Triangle Exponential Moving Average. EURAUD Confluence Factors Are: TREND: The currency pair created higher lows LEVEL: Price is above EMA 10 EMA 20 and Trend Line SIGNAL: Pin Bar at Horizontal Support, EMA 10 Support, EMA 20 Support, Trend Line Support
at last we got a reaction to the top of the channel.Thanks God:).waiting for confirmation.scale in.
Euraud Analysis Tool Used Trends and Support and Resuistance Bar Chart/ Candlestick Chart Weekly(RED) Market Indicating upward trend,price action has touched Primary trendline and is moving up Side Note- Primary trend proved its strength once market failed to break through this level Primary levels have been placed as market support/ reversal levels...
It may be moving in this channel.3 pushes up are completed . waiting for a pull back. stop above the hi of the channel.
Analysis on #EURAUD The market soon will reach its strong weekly resistance where I expect the market to move to the downside. if the market move to my resistance zone I will then drop a one-time frame looking for a bearish reversal pattern to get in a sell trade with a good risk to reward entry. like and comment will be hugely appreciated, thank you so...
Prices are consolidating in a rising triangle pattern . We see potential for a pullback from our sell entry at 1.59949 in line with 127.2% and 161.8% Fibonacci extension towards our Take Profit at 1.57548 in line with 61.8% Fibonacci retracement and 161.8% Fibonacci Projection . Technical indicators are showing bearish momentum. Any opinions, news, research,...
Technical view on the market, which isn't an invitation to buy or sell, But only for learning purposes, sharing my thoughts and dragging your attention on this opportunity. Attention : Always use a proper risk management in trading. Be safe and trade responsibly Do not forget to FOLLOW me so you don't miss the upcoming analysis ✅
this is an update of the prior analysis. The last is still valid. Just one push and one double top is added .I would sell.
EURAUD Up Trend; Ascending Triangle; Exponential Moving Average
Price is near buy entry price of 1.59057 which is also 50% Fibonacci retracement and 61.8% Fibonacci projection. Price can potentially go to the take profit level of 1.60679 which is also 78.6% Fibonacci retracement. Our bullish bias is supported by the ichimoku cloud indicator as price is trading above it. Any opinions, news, research, analyses, prices, other...
Prices are consolidating in a rising triangle pattern. We see potential for a pullback from our sell entry at 1.59949 in line with 127.2% and 161.8% Fibonacci extension towards our Take Profit at 1.57548 in line with 61.8% Fibonacci retracement and 161.8% Fibonacci Projection. Technical indicators are showing bearish momentum. Any opinions, news, research,...
Upon completion of the bat pattern, it would be wise to keep a close eye to price action around the area to find a short opportunity on this pair as long as it provides rejections and confirmations for entry.