Euraud reversal pointAlthough its not a major reversal point, we should see some downward movement from that zone. We might see the market consolidate within this are until the aussie PMI report before falling
Euraudshort
EUR/AUDSell: EUR / AUD
SL @ 1.56350
TP @ 1.55080
Max Risk: 2%
(When calculating, do not forget about different spreads from Brokers)
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EURAUD Bearish SequenceIN this update we identify a high probability trade location to trade for a 5th wave downside extension in the EURAUD
EURAUDBullish Indicators:
1) Support zone at 1.53456
2) Bullish Candle
Bearish Indicators:
1) Resistance zone at 1.56091
Plan A: One can take long position on the breaking of resistance zone of 1.56091 for the target of 1.57665 and 1.58937.
Plan B: One can take short position on the failure to break the resistance zone of 1.56091 for the target of 1.53546.
BEARISH IDEA ON EURAUD There is strong bearish momentum on EurAud.
After this Retracement, we should expect it to fall
EURAUD MIGHT BE THE EASIEST WAY TO SCALPWhen you look at the overall trend of EURAUD it has been on the downside. So scalping stratgy should be only looking to sell on lower timeframe.
I already had one entered today and managed half of it and now running on risk free.
I am now looking to enter a new trade if it comes to the level im waiting OANDA:EURAUD
EURAUDEURAUD looking forward to see that5 sellofF during the NewYork Session. this will also favour AUDUSD demand/bullish move which moves direct opposite of EURAUD
EUR/AUD SHORT trade ideaEUR/AUD Signal
Market Sell: 1.54600
Stop-Loss: 1.55200
Target 1: 1.53950
Target 2: 1.53000
Stop-Loss: 60 pips
Risk: 0,5%
Risk-Reward: 2.67
AUDUSD Daily Chart is going up!First Target 0.75570, then according to the Fib. levels above.
Moreover, in our Forex Strength Meter, it is the highest strength value too.
According to historical data, AUD will remain strongest position for 5 days or more.
EURAUD Wait for the Trigger 🔥🔥Hello Traders , Welcome to this analysis, we are looking at the EURAUD , the 1-hour timeframe.
My trading strategy is based on the simplicity .
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If you like my analysis.
Thank you and Good Luck!
EURAUD: Buyers IncomingThe time has to come shortly when AUD stops demolishing the market.
Now that we have eradicated buyers out of the scene, banks may want to drive price up with the newly available liquidity.
What are your thoughts on this analysis?
EurAud break and currently retesting necklineAfter a false bullish break as shared in previous analysis, euraud is currently retesting a double top neckline. It is possible it to do a deeper retrace to retest the major trendline before making its bearish move to the targetted level.
EurAud false bullish break ?Still having bearish bias on this pair. With previous bearish momentum, it is currently forming a continuation pattern. We need a confirmation break for this trade as it is sending mix signal currently on the chart. It is expected price to break the major trendline to form a new low.
EUR/AUD SHORT TRADE IDEA + FREE SIGNALEUR/AUD Signal
Market Sell: 1.55400
Stop-Loss: 1.56000
Target 1: 1.54700
Target 2: 1.53950
Stop-Loss: 60 pips
Risk: 0,5%
Risk-Reward: 2.43
EUR/AUD SELL DAYthis has already started so sell immediately it will happen today set target at 1.5470
EURAUD Short sellNice area to sell with small stop loss
TP : 1.55019
Stop loss: 1.57690
Good luck :)
EURAUDShort Call
Bearish Trend Series of LH and LL
Stop Loss 1.56248
Target Trailing Stop loss on Lower Highs
EURAUD / Long IdeaPrice is currently testing this area of resistance before a potential pullback
We are currently at a weekly support level so price is likely to reject off of this area before potentially continuing down
EURAUDEURAUD Support zone and bullish head and shoulders pattern in 30M -----------------------------------------------
EURAUD SHORT SWINGWaiting for pullback to go short
Confluences
a. Clear Head and shoulder pattern
b. Potential FIB
c. Strong resistance broken to support
