FX:EURAUD The blue and red lines mean: I think prices can return in these areas. Green lines mean: I think the price can reach these areas. They are therefore known as transaction targets. If you want to use this deal, please risk only one percent of your account balance.
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading
After a set of Higher Highs and Higher Lows we see trend reversal signs like Lower Highs and Lower Lows Candles like Three Black Crows suggests that the trend is reversed there fore shot strategy would be advised.
Before reading , like and follow me for future analysis. So AUDCAD right ? What we can observe on the larger time frames are a clear bearish trend. So why fight the trend, go with it and find your sell entries on supports turned resistances .
I think we need aud to drop a bit more before we can enter in a buy position with it as the RSI is getting a bit overvalued and also it broke down of its wedge pattern. What do you think? Leave your comments and likes below. WARNING! I am not a financial adviser and take this advice with a grain of salt. Tell me what I should analyze next!
Technical analysis Chart pattern: Rectangle Price objective: 76
EURAUD made a higher low and formed a double bottom pattern and fixed above the resistance of the pattern before market close, indicating a continuation of buying pressure for the week ahead. I entered when I saw a reversal happening at the 1.56 support zone and our position is +17% in profit so far. In addition, the market is finally above the ichimoku cloud and...
AUD is extremely weak. Although AUDCHF bounces from his daily support zone, we see that it is not strong. In order to do this, I would like to remind you that you need to break the axis of the axis that I have mentioned in the layout. Roc has been used as an additional confirmation. It shows a clear price fluctuation and we can conclude that the current rate of...
Bearish divergence along with a key level failing to be re-tested. Entry on the 5/15m time frame.
SELL AUDJPY while its possibly dropping down to a previous support zone.
SELL AUDUSD as it looks like it can make a short term correction down with a nice risk to reward ratio.
#100 sell range: 0.96411 Targets: 0.96221- 0.96031- 0.95841 Stop loss The first goal: the profit to loss ratio is 1: 1 (0.96601) If the first target is touched (close one third of trades) Stop Losses Second and Third Objectives: 0.96411(Entry Range) , If the second target is touched (close another third of trades) And if the third target is touched (close the deal)
We are looking audcad for trend reverse pattern BUT we need more proofs then only picture. We are giving you away possible options. Trend description Trend way hasn't reverse yet. Price is at first testing perioud. The question is: Are we going to continue sell? If price will follow one of breaking options, your job as Elite trader is to focus at breaking spots...
SELL AUDNZD at the current price level on the daily chart with a 1:1 risk to reward ratio to add some room for movement. Target as shown.
The breakdown of the upward support level, after the statement of the Australian Central Bank about the too high rate of the Australian dollar and possible interventions, caused the price to decline to the support level of 0.7080. After an upward rollback, the downward movement can be continued to the next support level around 0.6780.