EURAUD - Sweeping SellersThis pair looked great for sells, however, the price decided it wanted to come up to capture liquidity.
We have tackled the break and re-test stop losses and have now targetted the stop losses placed above the high.
Now that this liquidity has been wiped, we could see a strong aggressive sell-off.
I will be keeping this pair on my watchlist at the market open, If the price shows signs of bearish rejection, I will get involved in sells.
Euraudlong
EUR/AUD Running In 140 Pips From Last Analysis, Did U Enter ?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
EURAUD - Break of trendline & broken necklne of double bottomPrice at significant support level and at 50% fib retracement.
Neckline for double bottom broken to the upside.
Price also broke the descending trendline.
Initiated a small long here and will add once price action confirmed on close of 4 hour.
EURAUD - FOREX - 14. JUNE. 2021Welcome to our weekly trade setup ( EURAUD )!
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1 HOUR
Closure above main sr level.
4 HOUR
Overall price turnover, expecting more bullish pressure!
DAILY
Great long setup!
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FOREX SETUP
BUY EURAUD
ENTRY LEVEL @ 1.57040
SL @ 1.56650
TP @ 1.57590
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
EUR/AUD Running In 70 Pips Profits ,Did U Catch It ?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
EUR/AUD New Long Setup Available To Catch 100 PipsThis 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
EURAUD Buy (Monthly)EURAUD reacted thrice to the trend line, by providing the best long-term investment opportunity.
It also provides a great confluence setup.
TIPS: Enter in the lower time frame
Plz follow fundamentals too, because they are the driving forces of the market
Don't predict the market, let the market react
If you like my idea please do follow for future updates
Happy trading!
EURAUD trade idea Daily Chart - Break previous level of resistance making a new high...
H4 chart - broke support level failing to reach target, potential corrective (ABC) underway.
30m Chart - break of support, retest of previous support level as resistance 38.2% Fib level (trynna catch the higher timeframe retracement) which on the 30m chart is a "temporary" downtrend.
EUEAUD - Pullback & ContinueThis pair needs a significant pullback to mitigate some of the losing positions, once the imbalance is filled, we can begin to search for the next strong sell opportunity.
The arrows marked are a good indication of what we are trying to achieve.
Utilise this analysis to buy and sell, be tactical.
EURAUD BUY/LONG RETRACEMENTFirst lower entry: (5MINUTE TIMEFRAME) 88.6% fib retracement area. Imbalanced price action on 5M timeframe & 50% of last institutional move that took previous liquidity.
Second entry: (30MINUTE TIMEFRAME) 78.6% fib retracement area. 50% institutional area of last bearish move before the bullish move upwards. Mitigation area for smart money to close out positions.
4H higher TF bias is downtrend. Entering countertrend to buy up and sell off around TP3.
EURAUD LONGThe pair (EURAUD) broke the resistance level on the ascending triangle. How do you spot the ascending triangle? Well, The top part of the triangle appears flat, while the bottom part of the triangle has an upward slant.
How do you trade this symmetrical triangle? Easy, ascending triangles are generally considered bullish and are most reliable when found in an up-trend.
NB: This is for educational purpose
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EURAUD approaching 1st support, potential for a bounce!Price is approaching 1st support, in line with 61.8% Fibonacci retracement, 127.2% Fibonacci extension and horizontal pullback support. We could potentially see a bounce and further rise up to test 1st resistance, in line with 61.8% Fibonacci extension and horizontal swing high resistance. RSI is also approaching the ascending trendline support, showing signs of bullish pressure as well.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.