SL: 1.64973 TP: 1.62000 In this trading strategy, we present a compelling opportunity for a long position on the EURAUD currency pair, focusing on the 1-hour timeframe. By incorporating key technical indicators such as the Exponential Moving Average (EMA) 200, Moving Average Convergence Divergence (MACD) for trend analysis, and Supertrend for entry signals,...
On EUR/AUD, it's nice to see a strong sell-off from the price of 1.6325. It's also encouraging to observe a strong volume area where a lot of contracts are accumulated. I believe that sellers from this area will defend their short positions. When the price returns to this area, strong sellers will push the market down again. The downtrend combined with the...
EURAUD has formed a harmonics pattern as well as divergence which indicates that the trend is likely to reverse.
EURAUD - Sell Stop - Bearish trend - Take Entry if price reaches B of AB-CD pattern
EURAUD Is now seen bullish and we see a divergence in rsi so here you can buy now
. 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
EUR/AUD broke the downtrend line and BOS (Break of Structure) Heading for 1.6400, well done Members'. Chris
1. PSTG 1 TO BE hit 2. PSTG 2 TO BE hit 3. Market did retest on the zone i predicted that it is going retest at. ///trade///
This Weekly FORECAST Opportunity for EURAUD. This setup trading idea is for swing. >> TAYOR Risk Factors: 1. Market conditions, unexpected news, or external events could impact the trade. 2. Always use risk management strategies to protect your capital.
EURAUD has been in a downtrend but with Harmonics and a Bullish divergence in Play we can expect a Bullish Reversal from this point. Also AUD Interest staying the same AUD is currently in decline
Using AB=CD pattern we first marked PRZ(potential reversal zone). It has completed its AB=CD pattern so we can look for divergence. At latest LL's its showing divergence which is also indication of trend reversal. we will wait until it start printing HH and HL then we can take entry.
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the EURAUD pair which is likely to be pushed up by the bulls so we will buy! ❤️ Please, support our work with like & comment! ❤️
EURAUD - LONG EURAUD can push up from here or below (Black line) lock for buy setups and enter, risk small and always use stop lost. trade with care V.Ragu
Opened a long position on EUR/AUD amidst current downward price manipulation. Anticipating this temporary downside momentum to be short-lived, though there may be further declines before the eventual retest of the 1.64880 level. Advised to monitor closely. I'll update as needed.
. 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
Daily - flip of AU here. price has already tagged S1 on daily and so, we can expect a pullback here. could be to the POC. Origin - this confirms pullback theory from daily. as long as price stays above **1.63210 - 1.63003** bias will remain long and vice versa. since we are trading around start of month AVWAP it is critical to see how price reacts from this area.
Daily - flip of AU here. price has already tagged S1 on daily and so, we can expect a pullback here. could be to the POC. Origin - this confirms pullback theory from daily. as long as price stays above **1.63210 - 1.63003** bias will remain long and vice versa. since we are trading around start of month AVWAP it is critical to see how price reacts from this area.
Motive to go up based on last weeks, price action and are current rejections from the downside promoting upward movement