Hello friends Follow us to see the entry point and confirm entry
Hello,Friends! EUR/AUD pair is in the downtrend because previous week’s candle is red, while the price is evidently rising on the 1D timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.634 because the pair is overbought due to its proximity to the upper BB band and a bearish correction...
EUR/AUD has been ranging all last week and had now broken down below structure and closed below zone. Price closed below zone of 1.61700 on the 4H EA and has now confirmed sells. Upon seeing this I waited for a retracement to 6EMA at a sell limit and entry @1.61800 with sl@1.6213 risking 33pips. TP1:1.61200 TP2:1.6105 TP3:1.60800 TP4: 1.60600 Trading...
EURAUD rebounded from the support level; creating a false breakout. Price decelerated while approaching the support level. The market has reached a significant level on the daily chart, so it makes sense to take advantage of long trading opportunities. We expect a bullish move to potentially break out of the descending channel. ------------------- Share your...
Seems like there is more momentum to the downside however I would be careful. Usually, we want to see an old key high taken before the weekly targets are met. I am watching this pair closely, I think by taking the previous Wednesday's low we have reached a significant point where if we continue bearish there is an imbalance on the daily chart that I am...
Here is my analysis for EURAUD on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Looking towards long term sells for this pair. Potential 300+pip drop awaiting Jan 2024
Hey guys. Never set your SL at local high or low. Do not become a liquidity for somebody.
Possible EURAUD Trade scenario on 4 hr timeframe Manage risk Make it breakeven at 1:3 RR Indicator based SMC approach Follow and like for more such setups
"I am currently in a short position on the EUR/AUD pair due to the price reaching a supply zone where it is highly probable that the price will decline. After conducting thorough analysis, I have identified a significant resistance level in the form of a supply zone, indicating a strong selling opportunity. This zone suggests that selling pressure is expected to...
Not too optimistic calling long ranges this week but I think we can make it at least half way with EURAUD. I think we are in a consolidation range with a few spots with unfinished business from last week. Let us see what happens.
Educational Analysis says EURAUD may move in this range for some time according to my technical. Broker - FXCM This is not an entry signal. I have no concerns with your profit and loss from this analysis. Why this range? Because EURAUD is in an uptrend from a very long time. There is a lot for stop loss orders under every new higher low. Although it is in an...
Now and at this time, dear friends, you should wait for BUY anything is possible even failure?!
FAIL TO PLAN - PLAN TO FAIL So this trade plan is fairly simple. Rules to Follow 1. First and foremost, we need a break and hold above the descending trendline 2. Second, if or once we get the bullish breakout, we need price-action to pull back approx 50% of the bullish breakout impulse. This setup doesn't need a full pullback to support, which is currently...
. 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
Hi viewers, EURAUD price ON zone, here one more bearish push for next periods to expect TP1: 1.60450 (150) TP2: 1.59200 (280)
Dear traders, Hope you are doing great, with EURAUD we think price of this pair will soon drop. There are two factors first one is price already rejected multiple times and then price dropped, this technical view indicates that price will drop further as we move ahead. Secondly, fundamental side support our view, gold is expected to rise and break all time high...
Hello! I am a big fan of the Elliott wave principle, which I find very interesting and useful for market analysis. I have developed my analytical approach by combining this principle with my personal experience and considering various scenarios that could occur in the market. While I would like to share my analysis with you, please note that I am not providing a...