As per the DOW Theory, we will sell at the break of the previous lower low and then set the stop loss and take profit accordingly.
I really like the way the chart is looking here, took a buy higher and got knocked out but now being patient for the retracement and liquidity grab
As we can see EURAUD first broke the well respected trendline on Daily TF. Also it broke the marked resistance and potentially we might see the second retest of the zone with the confluence of marked Trendline. So you can plan the trade accordingly. Target - 1.68000
EUR/AUD LONG "break of structure + 72% fib retracement "
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Could this be a possible SELL for EURAUD? The market is currently forming a daily double top, we can see on the 4hr the sellers are in control. Let's see how this goes
EURAUD Buy Setup A potential buy setup on EA Very bullish trend on 1hr tf with a wedge pattern forming Target 1 and 2 mentioned in chart.
Hello traders, we want to check the EURAUD chart. The price is moving in an ascending channel and has reached the key level and the bottom of the pullback channel. We expect the price to maintain its upward trend and the price to grow to around 1.67400. Good luck.
EURAUD in uptrend channel, the AUD is weak as per Australian fundamental analysis, my technical analysis going bullish, so I suggest Buy 1.6650 Stop loss 1.6570 Tack Profit 1.6800 Risk/Reward Ration 1 : 2.4
EUR/AUD LONG "break of structure + 72%fib retracement "
1- Bullish Trending Structure. 2- Hidden Divergence on MACD and RSI. 3- Therefore, we can accept a move UP. SL and TPzzz as shown in the chart.
Seen a bullish entry to the upside but still see a sell move if market doesn't get to my buy entry you can study my set then let me know if you have any question. Remember risk manager is of your own decision so apply proper risk management
Looking for some bullish continuation on the pair after a break of the previous high. Looking at a possible target of 1.68360 and incase we see another bullish run will be targeting 1.6985 Buyers need to maintain price action above 1.6585 any break below could signal some more bearish moves
Hi Traders ! On Friday 1 Dec 23, The EURAUD Reached a Strong Support Level (1.62340 - 1.63280) The Price Formed a Symmetrical Triangle Pattern. Currently, The Resistance Line is Broken. So, I Predict a Bullish Move 📈 ---------- TARGET: 1.67610🎯
. 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 trade
The EUR/AUD pair remains neutral intraday, despite a recent rebound. Price is currently testing resistance established on Thursday and Friday of last week. This resistance zone presents a potential selling opportunity for those hoping for a continuation of the downside trend. A decisive break below this level could signal further weakness towards the 1.658...
Weekly: + MS + LCC + FIB - Zone (potential selling zone last active) 3/4 LONG Daily: + Bullish M with IC + Impulsive 3rd leg + Clear respected S&D zone + In history impulsive retracement from last weekly active zone, now corrective retracement - Bigger (Red) FIB of the outer MS is not active, but smaller Bullish M is active - 'IC" is a reaction on the...