KEEPING IT SIMPLE
- HTF order flow inline
- Respected HTF PD array
- Entry off FVG
- Targeting buyside EQH (SWING TO NEXT HIGH)
- GO risk free when prev week high/buyside has been taken out
DYOR
✅EUR_AUD has retested the
Horizontal support level of 1.6466
From where the price is
Already moving up so
Some further growth
Is to be expected
LONG🚀
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Hello and have a good time
I trade according to these analyses My analysis is based on fundamentals, intermarket analysis, news, geopolitical topics, and of course technical levels.
I hope it is your light
Hey Traders, in today's trading session we are monitoring EURAUD for a buying opportunity around 1.64600 zone, EURAUD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.64600 support and resistance area.
Trade safe, Joe.
EUR/AUD has just reacted off a pullback support and momentum could potentially carry price higher.
Buy entry is at 1.65166 which is a pullback support.
Stop loss is at 1.64450 which is a level that sits under an overlap support that aligns with the 38.2% Fibonacci retracement level.
Take profit is at 1.66740 which is a pullback resistance.
High Risk...
EURAUD formed a bearish divergence previously causing a trend reversal and now its moving in a descending channel. Price retested 0.786 fib level and is going to make a new low. An instant short trade can be planned.
(DYOR)
Building upon the previous analysis of EURAUD as shared in the link:
The recent price action indicates a ranging phase before a potential break of the previously identified Monthly Support Level. Considering the principle that larger time frames involve longer accumulation phases before transitioning into trending phases, it seems plausible that a downtrend...
My main pair is really AUDUSD. However, aside from using TVC:AXY for general direction, it is more reassuring to confirm forecasts with major pairs with the Aussie dollar in them..
Tradingview Ideas:
Hello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Watching for this pullback on lower timeframe to play out and hold , then look to long
Do check out my stream video for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank...
price as been bullish for 2 year now but towards the end of last year price pulled back in a channel to 0.236 fib on weekly time frame
on daily price price formed a falling wedge in which price broke out of it to touch the upper part of the channel.
on 4hr we will wait for a pull into our SnR zone and probably touch the trendline before going long
Dear TradingView Community,
I wanted to share my analysis on EURAUD's recent price action and get your thoughts on the matter. As per my analysis, EURAUD has broken out of the trendline resistance, which can be considered the first sign of a bearish exhaustion and a possible bullish reversal. In addition, the price has broken the static resistance level,...
Since the beginning of January 2024, the EURAUD has been exhibiting a steady upward trend.
Following a recent correction, the price identified a support level and has since resumed its upward trajectory.
We are capitalizing on this development by initiating a long position.
The trade idea boasts a favorable Risk-Reward Ratio (RRR) of 1.9:1.
Eur/Aud is in a clear uptrend indicated by the channel formation, support at 1.6456 is convergence, a powerful price action strategy using our Advanced Pro Charts. In the event that the market structure remains intact this is likely to target 1.6833. Chris (Head Trader)
