EUR/AUD has hit a band of resistance under the WPP pivot at 1.6567 which coincides with the 200 EMA on H1. With the 200 and WPP above the price, then EUR/AUD BULLS will have their work cut out to push the price musch higher and this gives us a natural STOP for SHORT trades at 1.6574 (29 pips). However. This trade carries risks as we have few confirming...
H4 - Bearish convergence. Currently it looks like a pullback is happening. No opposite signs. H1 - Bearish trend pattern. Currently it looks like a pullback is happening. Until the two strong resistance zones hold my short term view remains bearish here.
If you're like me, always looking for sell (or buy) traps, this would make a great contrarian trade. These normally become fast and aggressive after a false move. I've set profit target at monthly pivot resistance level (pivot R not shown). I would get in now to minimize drawdown. KISS...more on this later. This has helped me trade tremendously.
Hello,Traders! EUR-AUD went up but Will soon retest a horizontal Resistance of 1.658 from where We will be expecting A local bearish reaction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
the pair after breaking the down trend line the 71% and 78% fib level pushed it back again under the down trend line
Imbalance has been filled, orderflow mitigation looking good. I locked some profits and lets see how this goes. What do you think? LQP = Liquidity Pool DBR = Drop Base Rally Demand Zone
As you can see the price left the clean equal lows that can be defined as a target. Well, the price grabbed the liquidity above the previous day's high and changed the market structure, so in that case we can expect a more bearish move to sell-side liquidity. Please pay attention: We need LTF confirmation to execute the sell position. 💡Wait for the...
EURAUD is currently within a channel. It's appearing as a 535 zigzag and we're anticipating a breakout soon. Safe entry will be break of the red trendline. Risk entry will be bounce off channel or a lower timeframe trendline breakout. We'll be targeting the fib levels but it could fall short or go past the fib so we'll be taking a cautionary approach to our...
EURAUD is setting up really nicely for a big 650pip move to complete subwave c of Wave B. We are currently in what appears to be a Flat correction = 335 breakdown. Trade idea: - Watch for price to come into the buy zone - look for reversal signs and put your confirmations in such as BOS or trendline break - enter once confirmed - Targets: 1.68 (450pips), 1.7...
Risky buys, although there was already a lot of liquidity and orders taken there might be some imbalance left. (minor imbalance - left bottom corner). There was no major POI to be mitigated under the imbalance. The safer option is buying in the 4H DBR. What do you think? LQP = Liquidity Pool DBR = Drop Base Rally Demand Zone
My dear subscribers, My technical analysis for EURAUD is below: The price is coiling around a solid key level - 1.6712 Bias - Bearish Technical Indicators: Pivot Points Low Highanticipates a potential price reversal. Super trend shows a clear sell , giving a perfect indicators' convergence. Goal - 1.6633 About Used Indicators: By the very nature of the...
OANDA:EURAUD LONG position can be taken in the specified ZONE There is no position before the ZONE
Welcome back! Let me know your thoughts in the comments! ** EURAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Hello traders, we want to check the EURAUD chart. The price is moving in an ascending channel and has reached the key level and the bottom of the pullback channel. We expect the price to maintain its upward trend and the price to grow to around 1.67400. Good luck.
A good setup with a high probability of success.. It seems that wave 4 is being completed. It is an excellent range for buying spots
Seen a bullish entry to the upside but still see a sell move if market doesn't get to my buy entry you can study my set then let me know if you have any question. Remember risk manager is of your own decision so apply proper risk management
Looking for some bullish continuation on the pair after a break of the previous high. Looking at a possible target of 1.68360 and incase we see another bullish run will be targeting 1.6985 Buyers need to maintain price action above 1.6585 any break below could signal some more bearish moves
✅EUR_AUD is already making A bullish rebound from the Broken resistance which is Now a falling support, just as I predicted in my previous Analysis which reinforces our Bullish bias and makes us Expect a further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅