EURAUD Setup / Analysis 🕐 4hr's Chart Key Technical / Reason's SHORT ——————————— What is our confirmation? - Breakout trendline and retest - Resistance Support level - Pressure zone - Ascending Pattern - Descending Pattern - The pivot zone - Demand Supply - Candlestick Patterns - Orderblocks
Hey Traders, Check out this technical analysis on EURAUD. EURAUD is currently trading with descending triangle pattern, so anticipate a retest of the broken support level and consider entering SELL positions. OR If price break above the upper band trend line then look for a BUY trade Keep a close eye on this; it could play out in either direction.
EURAUD Analysis 14/12/2023 The entry, exit and stop loss points are on the chart, please make sure of them and do not risk, this is our analysis and ideas. Please observe the capital carefully and do not risk more than 1% of your capital Good luck to everyone
EURAUD has been making lower lows in the descending channel. The market made shallow lower lows meaning we might see pullback. If the market pulls back to the kill zone where; resistance, dynamic resistance and 38.2% we will wait for sell opportunity. We expect a continuation of the bearish trend. ------------------- Share your opinion in the comments and...
Short at Resistance and Supply zone after Fake Out! Let's see what will happen...🧐
FX:EURAUD Long. Adjust your risk/reward appropriately. And make it risk free when in good profit...
✅EUR_AUD is going up From the support below just As I predicted in my previous Analysis but the pair will soon Hit a horizontal resistance level Of 1.6500 from where I will Be expecting a local move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
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We can sea clear down move and correction continuation
Trend change on HTF, double top break down and. retest, now expecting a sell off.
Taking a look at EURAUD on the 4 hour timeframe, you can see price action is holding below the most recent support zone. Typically when price action holds below a key level, it suggest further downside. Will that be the case this time around? Or will this be a fake-out as RSI is giving us mixed clues with the bullish divergence.
Pair: EURAUD Analysis: Chart Patterns + Highs & Lows + Impulses & Corrections Directional Bias: Short Entry: Continuation Corrective Structure after the breakout. ⚠️ Do your research and apply proper risk management as nothing is guaranteed in forex trading. As we have often said, this is a high risk venture and past performance is not indicative of future...
Market Structure Bearish on Higher Times Strong Rejection on the Weekly Candle Previous Structure point (Weekly) Daily Rejection from AOI Around Psychological Level Daily Reversal Pattern formed Might see rejection around W1, Looking to see what the market will do and take advantage Nice steep trendline on H4 REMEMBER: Trading is a Game Of Probability ...
EURAUD seems to have broken above from downtrend. We expect bullish move to at least 1.6650 level. TP and SL are marked. Market is uncertain because of FED news and holidays coming. Do not over risk and follow risk management.
I am expecting a short trade on EURAUD based on a ranging market. I've identified a lovely double top trading pattern, and when looking at the left side, there's a minor resistance formed. Now, combining the double top pattern with that resistance, I've established a zone. Currently, the market has broken below this entire zone, and I plan to enter the trade on a...
Watching EURJPY moving nicely on an uptrend channel, and with price moving nicely to retest the support of the channel, a sell opportunity presents itself. I have being following this pair since last week, i hope it respects candlestick formation
Take a look at our analysis for EURAUD. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 1.639. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1.658 level. P.S The term oversold refers to...