Hello traders! ‼️ This is my perspective on EURAUD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs from discount zone. I expect price to go a little bit lower to fill the imbalance and then to reject from bullish order block. Like, comment and subscribe to be in touch with my content!
EURAUD - Short Position - H4 Instant trade, bit too late with the publish. Starting off Monday with this correction.
Based on the chart, it appears that there is a bearish trend forming as evidenced by Lower highs (LHs) and lower lows (HLs). Further analysis using the Relative Strength Index (RSI) indicates that there is currently no divergence present. I recommend taking a short trade with a risk/reward ratio of 1:1. Please note that this is my personal analysis and trade...
Euraud is at very strong resistance zone of higher time frame. This trade is with very good R/R. You can sell with small SL. Target is very awesome
Hello traders! ‼️ This is my perspective on EURAUD. Technical analysis: We are here in a bearish market structure on 1H timeframe, as price changed the character. I expect bearish price action after the price took buy stop liquidity and rejected from institutional big figure 1.64000. There is also a probability that price will go a little bit higher and then to...
Based on the chart, it appears that there is a bearish trend forming as evidenced by Lower highs (LHs) and lower lows (HLs). Further analysis using the Relative Strength Index (RSI) indicates that there is currently no divergence present. With this in mind, we recommend taking a long short with a risk/reward ratio of 1:1. Trade Short Sell Stop = 1.62438 Stop...
EURAUD - 24h expiry - We look to Sell at 1.6345 (stop at 1.6401) Previous support located at 1.6300. Previous resistance located at 1.6350. Price action looks to be forming a top. The trend of higher intraday lows has also been broken. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 1.6350, resulting in...
welcome here is my euraud short setup this setup is based on 1h tf formed W formation which should lead into a price drop market look bearish at all on 1h im thankful to see how this setup plays out
Today’s focus EURAUD Pattern Ending Diagional Possible targets 1.6045 - 1.5905 With the AUD pushing higher on Tuesday, pressure has resumed on the EURAUD. Price looks to have formed an ending diagonal, and today sellers have started to confirm the pattern with a new move breaking the pattern. Ending Diagonal patterns are best seen at the top of trends and...
EURAUD - Short Opportunity - H4 2nd EMA breaking down and H4 could not close above previous high.
Hey tradomaniacs, looks like we are going to get a nice buy-signal for EUR/AUD as soon as the breakout of the trendchannel of the lower timeframe happened. As soon as we get momentum and eventually an FVG which has to be closed by a pullback, we could consider to go long in this scenario. A strengh in USD aswell as rising Yields might cause upcoming downmoves...
Quick update on this idea from earlier in the week. As expected we got the move above 1.64 and then waiting for a 12hour signal on the TRFX indicator which occured so have entered the first position. As the pair still could go up to 1.65 where if this occurs I will enter again. First target for this position will be 1.60 where I expect some buying to come back...
As we surpass the 1.64 mark, I am preparing to establish a long-term short position. We have now entered a significant monthly supply/sell zone, with the price appearing to be attracted to the 1.65 level. This level also coincides with a robust monthly resistance area deeply situated within this monthly zone. There is a high likelihood that we are currently in a...
The Scrip is at Major Resistance level formed Spinning top Candle on daily Divergence on RSi & Macd Fib Support At 1.6107 & 1.5887 Possible Compleltion of AB=CD Pattern Wait for an other Red Candle on Daily or 4H to go short Only Bulish Indication is Making Higher Highs (Dow Theory)
Hello traders! ‼️ This is my perspective on EURAUD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs. I expect price to make a retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 1.61000. Like, comment and subscribe to be in touch...
The game plan is still the same. The only difference is that a level was recently added. 1.65556. If this level is reached, I believe that there is a good chance that price will reverse from there or not go too far if it price goes above. It may not get there at all and that's fine. I'm still selling at the bottom two levels if price gets to those. FX:EURAUD
EurAUD Short for MIDTERM This is my trade not financial advise
Potential for a long term sell on EURAUD form the previous high and Key Level 1.64. End of the 5th cycle in the Elliot wave as well as beginning of the new quarter, hence repositioning for the short possible. Lets see today if the 4PM reversal tags and falls.