Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watch list and see if the rules of your strategy are satisfied. Dear Traders, If you like this idea, do not forget to...
A false break has occurred price broke the downtrend line price above SMA 100 and HVN around 1.5950 MACD shows bullish momentum so it's expected the bullish movement to supply zone around 1.6200
Looking for the bullish momentum to continue, Support was respected and we can see an introduction of demand as well as a break of the trendline which signifies liquidity
Technical view on the market, which isn't an invitation to buy or sell, But only for learning purposes and sharing my thoughts. Attention : Always use a proper risk management in trading. Be safe and trade responsibly
Looks like price is breaking through my trend line. If it does continue pushing higher, we might see price create a head & shoulder pattern. But I personally don’t think that will happen. I believe price will continue pushing higher till it reaches its last major resistance.
Looking at the structure of EURAUD Currently bearish on the lower TF's but if we break this lower timeframe structure it could be time to look for longing positions as on the higher timeframes we are still very bullish Let's see how it pans out
Trend: Bullish Structure: Support and resistance / technical indicators. Plan: We look for price to bounce off the lower support level and move up to a previous resistance level. MACD and RSI seem to have reached a low point and appear to be starting to reverse suggesting confirmation of a bullish trend.
Bullish Bat & Deep Crab Price need to follow GREEN TREND LINE and hit Target 1 & 2 , else if Price BREAKS RED TREND LINE is EXIT BUY
Daily time frame , we had an important demand zone too.
The market has completed five Elliott waves as of 0.6290. If it can obey Elliott wave principle, then we can expect to have a three waves corrective pattern, before continues with its uptrend. Lets keep any eye on the pair, Good luck!
LONG 1.6030 | SL 1.5870 | TP 1.6165 This is just my idea and please open any position after confirmation....
Pair Name : EUR/AUD Time Frame : 4hrs / Daily / Weekly Scale Type : Large Scale Analysis Way : Volume + Classic + High & low + Market Map ➕ Key Technical / Long Type : Mid Term Swing ——————————— ✔️( Reasons ) ———— Bullish Reversal 1.58800 Zone Reasons - Major Turn level - Ultra High Volume - Fixed Poc Area - LVn Visable Area - Major Turn over...
1,583 is the aim, then it should go up. Williams %R is low.MACD also suggest waiting. There is still some place left towards the down BB.
Idea for SELL order with short don't long run. IF still order BUY don't close prepare free margin it will reverse in TF Week
We still in the correction phase bulls are still in control
Found a Head and Shoulders Pattern in the Daily Time Frame. Already brought at the Lower Resistance Level targeting the Neck Line at just under 230Pips. If it hits my target zone, i will be looking for a big move to the downside; possibly breaking the bottom Support and Resistance.