Euraudlong
EURAUD Trade!Hello traders around the world!
My name is Alexandre Karim & today I will be sharing with you my trade on EURAUD.
If we go back to the daily chart, we can draw an expanding descending channel from October 2020 till present.
Currently the price formed a bull flag on the upper daily TL (We can see it on the 4H & 1H TL)
I was planning to take a long position when the price was forming the bull flag pattern.
I was waiting for the third touch on the lower TL shown in the picture + the price gave us a little descending correction (hover) as a reversal signal & took the trade at the breakout.
I am currently running at 4% and already moved my SL to BE.
Will be looking to lock below 1H corrections to secure profits.
You have to be patient and take quality trades.
#THEPRIMES
We Have an Analysis Of EURAUD H1.🟢EURAUD BUY LIMIT @ 1.57620
TP1 @1.58500
TP2 @1.59200
Sl @1.57320
With this analysis, you will be able to find your most profitable trade. EnclaveFX does not recommend that you buy or sell this assist. We do not take any responsibility for your profits & losses. EnclaveFX believes in enhancing the knowledge of our clients & followers.
EURAUD may go long according to my view (26/12/22)Educational Analysis says EURAUD may go LONG according to my technical.
This is not an entry signal. I have no concerns with your profit and loss from this analysis.
Why long?
On the 1HR timeframe, the pair is making lower high and higher highs which makes breaks in the previous structure.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS.
ADDITIONAL CONFIRMATION IS PRICE REACTED FROM FIB 0.5
WILL SHOOT UPTO 1.618.
ENTRY - 1.58099
STOP-LOSS - 1.57449
TAKE PROFIT - 1.63075
RISK TO REWARD RATIO IS 1:7.7
EURAUD - Long from bullish orderblock ✅Hello traders!
‼️ This is my analysis of EURAUD .
Here we are bullish from H4 timeframe perspective, so I am looking for longs. I expect price to continue the retracement to fiil the imbalances lower and then to reject from bullish orderblock + institutional mid figure 1.55500.
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EURAUD - another bullish impulseHello traders! EURAUD has just created a slow correction after its last impulse, now printing a green and aggressive candle which can indicate another strong impulse to the upside. For the last weeks, the pair moved on a range, and now it finally managed to break it. EMAs are cut for long, and so does MACD, indicating a bullish environment, and the technical indicators are also suggesting a strong buy.
EURAUD - Distribution phase ✅Hello traders!
‼️ This is my analysis on EURAUD.
As I expected here in my previous post that we can see AMD pattern, price confirmed it, so now we are in the distribution phase and I am looking for shorts. If price makes a retracement and rejects from bearish orderblock, I will open a short position.
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EURAUD - Consolidation phase ✅Hello traders!
‼️ This is my analysis on GER30 .
Here we are in consolidation phase from H4 timeframe perspective, so we can see AMD pattern, I expect price to manipulate buy side liquidity and then to distribute lower.
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EURAUD CHART ANALYSIS POSTED ON SUNDAY 20 NOVEMBER 2022EURAUD CHART ANALYSIS BUY AND SELL ON REJECTION!!!
TRICKY ONE... Let's see how this pair will perform based on the analysis.
Make sure you do your research and based on your confluence please look for the entry.
Trade safe use proper risk management always.
Buying EURAUD on dips.EURAUD - 21h expiry - We look to Buy at 1.5445 (stop at 1.5406)
Previous support located at 1.5450.
Previous resistance located at 1.5500.
Further upside is expected although we prefer to set longs at our bespoke support levels at 1.5425, resulting in improved risk/reward.
A move through 1.5500 will confirm the bullish momentum.
Our profit targets will be 1.5543 and 1.5563
Resistance: 1.5525 / 1.5575 / 1.5600
Support: 1.5450 / 1.5425 / 1.5400
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
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EURAUD - Short from bearish orderblock ✅Hello traders!
‼️ This is my analysis on EURAUD.
Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I expect price to continue the retracement and then to reject from bearish orderblock + institutional big figure 1.56000.
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EurAud- New leg up after flag's break? (Good R:R trade)After the low at the 1.43 zone, EurAud broke above falling trend line resistance in September and at the beginning of October also broke above 1.52 horizontal resistance confirming a double bottom in place.
In mid-October, the pair reached a local high and started to correct.
The drop from this high is contained in a flag pattern and the low of it coincides with a retest of the broken horizontal level.
At this moment the odds are favoring bulls and a new leg up could follow after the flag's break.
The target for such a move could be the next important horizontal resistance above 1.6.