Euraudshort
EUR/AUD Long term sell off?Hi Traders
EUR/AUD Signal (Daily Timeframe)
A high probability, entry to go SHORT formed @ 1.55920 after the market found resistance @ 1.59461. Only the upward break of 1.59461 would cancel this bearish scenario.
Trade details:
Entry: 1.55920
Stop loss: 1.59461
Take profit 1: 1.53831
Take profit 2: 1.50290
Take profit 3: 1.44518
Score: 9
Strategy: Bearish Breakout
EURAUD1-Downtrend on daily or whatever timeframe
2-Lots of liquidity to clean below 1.56254
3-Price failed to swep the liquidity and tried
to form a recover uptrend to make everyone think that we will have a change of trend
then dropped down and decided to make the last attempt to recover before dropping
all the way down.
4-POI candle ( 3hr tm ) at 1.5700 which is a round number as well
5- 88.60 fib level
6- Im going to check the price action
on the small timeframe to decide if im gonna
snipe my entry or wait for a possible fakeout since it is the last recover for euro
before dropping down
EURAUD - Bearish BiasEUR - BEARISH
1️⃣ The European Commission in its latest forecast lowered the eurozone Gross Domestic Product (GDP) growth to 3.8% in 2021 from 4.2% in its previous publication.
AUD - BULLISH
1️⃣ Local data revealed that inflation expectations increased to 3.7% in February from 3.4% in the previous month.
2️⃣ The risk-on mood benefitted the perceived riskier AUD.
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Technical
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We are selling the EURAUD at SBR + below SMA 50 on the H1 chart.
EUR/AUD easy moneyBreak & R 1H, multiple rejection wicks, bearish engulfing. Everything lines up with the downtrend. Short
EURAUD SHORTThe AUD is getting stronger so the EURAUD pair is more likely to succeed in this analysis. However, if you have placed an AUDUSD buy order, I would like to remind you first to reject this analysis .
EUR/AUD Analysis - Will possibly break daily/weekly supportWelcome back! Please support this idea with a LIKE if you find it useful.
*** EUR/AUD - Price is currently re-testing the previous week's support. We'd like to see a push lower and will be waiting for a break of support before considering any shorting opportunities. If you trade B-Swing, we recommend setting an alert as this will be a good risk to reward opportunity if it heads for 5400 zone.
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Thanks for your continued support!
Brian Kenya Horton, BK Forex Academy
EUR/AUD SELL SIGNALHey tradomaniacs,
welcome to another free trading-setup.
EUR/AUD: Daytrade-Execution
Market-Sell-Order: 1,57080
Stop-Loss: 1,57380
Point of Risk-Reduction: 1,56745
Take-Profit: 1,56230
Stop-Loss: 30 pips
Risk: 0,5% - 1%
Risk-Reward: 2,75
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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EURAUD Short Trade Analysis Hey traders, here is the analysis for the EURAUD. NOTE - Please do your own analysis before taking the trade. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
EURAUD SELL SHORT TERM IDEAEURAUD SHORT TERM TRADE, The rejection of a previous key resistance is signaling a potential double top which could then bring price all the way down to our price target because of the overall bearish trend in D1
EURAUD - Tracking Minor Waves - 20 Minute Video About WavesIf you have time to watch this video that means you really like AriasWave and how it works.
The fact that you would want to see such an advanced wave theorist in action for 20 minutes shows that you are dedicated to learning this craft.
Once you see this live action tutorial - Wave Revision - Tracking Minor Waves - Birds Eye View - All In One update on EURAUD there is no doubt you will become one of my loyal followers.
I love being wrong. Love it. I love your comments. Love them.
Any press is good press :)
You could be watching anything right now but you chose to watch the best analysis on EURAUD right here.
EURAUD - Tracking Minor Waves - Short Re-Entry IdeaAll the signs point to another move lower. I did say if I saw another chance to go short I would post something.
Entry: At market.
Stop: 1.58976
This is also an opportunity to move your stop lower if you are already short from my previous ideas.
This move should be the start of a third-of-a-third wave.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
EURAUD BREAKOUT EURAUD BREAKOUT
Support has been broken and hourly candles confirm a bullish trend :)
DON'T MISS THIS OPPORTUNITY - EURAUDLooking at the 1 Hour and 4 Hour Charts. we can see a strong descending trend.
1.57700 was previously a strong Support, but has since turned into resistant level as a new higher-low has been created. Price tested the previous support and was rejected and therefore following the descending trend.
We have seen the 50 day cross over the 100 day Moving Average which reinforces the probability that the market will remain Bearish.
Our target is 1.57000 which historically has been a strong level of support. This is where we will be setting TP1 (+50 pips).
If price breaks 1.57000 we have a TP 2 set at 1.56760 (+70 pips)
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