What is likely to happen next? It takes 2 points to show that a trend is valid but takes 3 points to show that a trend is confirmed. Looking forward to see a heavy rejection at current price level. We may get a retracement if the area is rejected, but keep in mind the long trend is heavily BULLISH. Because we are in a descending channel which equals to BLL RUN....
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
✅EUR_AUD is trading along the rising support And as the pair will soon retest it I am expecting the price to go up To retest the supply levels above at 1.6522 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Looking at EURAUD from a purely technical observation we can take note of the fact that the EURAUD has broken out of our long standing bullish monthly trend line which has started to point us towards a new bearish sentiment/bias in the long term, now looking further into it we can also notice that on top of breaking out of our monthly bullish trend we can notice...
EURAUD could fall rise if it can stay above 1.64585. Why 1.64585? The price for the EURO is increasing which means Australians have buy the Euro at a higher price. But what is this is the time for them to buy it at discount before it goes back up? Evidence High(H) & Low(L) Per the 4 our timeframe, price is increasing. The current rise price of the Euro...
now market has broken the previous high low, creating a lower low to the downside and created a low high which confirms direction.
-M15 oversold - Bat Pattern on M15 -With the H4 and D1 trend - Stop loss at 1.6470 - Target 1 at 1.66 - Quick in and out trade
Please, check our technical outlook for EURAUD. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 1.655. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 1.653 level. P.S Please,...
Hello,Friends! EUR-AUD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 1.645 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the EUR/AUD pair. ✅LIKE AND COMMENT MY IDEAS✅
EURAUD is now gearing up for a DROP and here's how you need to position yourself. Trade Idea: - Watch price correction around 1 if it fails, wait for 2 - SL Above the AUTOMATED KEY ZONE - Target is at the next MAJOR ZONE for a 400pips or 500pips
In our last analysis we identified the subwave B correction. We didn't have much information at the time but now as more price has developed, we can see that we're making a complex abc correction for wave B. We will be looking for price to move down into our buy zone and then look for an entry trendline to get a confirmed entry. Trade Idea: - Watch for price to...
In line with the EURUSD idea ( ) weak EUR and hawkish RBA might trigger a selloff for EURAUD. The trend tested 2 times and perhaps the price finally start to weaken if EURUSD trend breaks. Above the trendline is the obivious stop for my strategy.
EURAUD rising wedge gave me a signal showing bearish price action inside the wedge so i entered sells. if you did not catch this trade with me just watch how it plays out and as a trade look and pay attention to market behavior and ask yourself "why" is price selling off at this level. *pay attetion to market behavior and (evidence) market give before a move...
Tradingview Ideas: Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Likely more upside to come,let's see! Do check out my stream video for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the right tools and an experienced Guide,...
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...
A short position can be taken on the specified levels There is no position before reaching the surface
In massive profit 👍👍👍 for those who took the buy congrats and follow for more tip
Am looking at the order block with Fair value gap for a bullish run. And don't forget there is NFP make you trade carefully