EURAUD - Expect retracement ✅Hello traders!
‼️ This is my perspective on EURAUD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs. I expect price to make a retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 1.61000.
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Euraudanalysis
EURAUD Bearish AnalysisDate: 03/04/2023
On Daily TF, EURAUD is bearish, after hitting the major resistance, price dropped with a bearish engulfing candle.
4hr is also bearish, if price closes below this level, i will be looking for a short entry. But if price closes above the level, i will be looking for a buy trade
What do you think about this trade
EURAUD - Expect retracement ✅Hello traders!
‼️ This is my perspective on EURAUD.
Technical analysis: Here we are in a bullish market structure from daily perspective, so I am looking for longs. I expect price to make a retracement as we can see a rejection from institutional big figure 1.63000. Price could take sell stop liquidity and to fill the imbalance and then to reject from bullish order block.
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EURAUD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Potential long swing trade for EUR/AUDEUR/AUD closed lower for five consecutive days last week during a week of volatility and turbulence. With the Fed and five other central banks announcing a coordinated effort to provide liquidity for US swaps, and UBS agreeing to purchase Credit Suisse over the weekend, perhaps there's potential for it to confirm a swing low.
Last week's low found support at the 20-day EMA, trend support and 38.2% Fibonacci ratio and the daily closes held above the monthly R1 pivot.
The bias is for a move towards 1.6100 (monthly R1 pivot) whilst prices hold above last week's low - or trend support can be used to fine-tune risk management.
EURAUD - Long after filling the imbalance ✅Hello traders!
‼️ This is my perspective of EURAUD .
Here we are bullish from daily perspective, so I am looking for longs. I expect price to continue the retracement to fill the imbalance lower and then to reject from bullish order block.
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EurAud could drop from resistanceA month ago I said that EurAud could rise to resistance, suggesting at that time a very good risk: reward trade.
Indeed, the pair has risen to resistance and now is starting to roll back down.
Again a good risk: reward trade could be achieved and traders could look to sell rallies against 1.62
My previous idea for EurAud:
EURAUD : Short Trade , 1DHello traders, we want to check the EURAUD chart in the daily time frame. The price has reached the key area of 161.700 and 162.000. The price has reacted with this level several times in the past and the price has played the role of a resistance level. We expect This time, the price will not be able to break this level and fall to around 1.59800. Good luck.
EUR/AUD At Very Interesting Bearish Area , Time To Sell ?This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Selling $EURAUD hereTrade type BBB
Reasons for taking this trade:
Price is at a resistance zone
Price has hit a 4hr supply zone. This is the first time the zone has been hit.
M15 Candlesticks are closing bearish.
There is a liquidity zone below.
Trade type glossary:
Trade type AAA - Very good
Trade type BBB - Good
Trade type CCC -🧐
I usually use trade types to determine the amount of risk to use:
In AAA - 1, 1.5 and 2%
In BBB - 0.5%
IN CCC - 0.25%
DeGRAM | EURAUD structure based tradeEURAUD is in a ascending channel and is in an uptrend. However, the price is near the structure resistance.
The market made equal measured move; AB=CD pattern.
Price is likely to go down from the resistance level 1.57500 and fibo extension level.
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