EURAUD - Sell Stop - Bearish trend - Take Entry if price reaches B of AB-CD pattern
Price retrace back into H4 Bearish OB. Price taking out internal liquidity in the FVG area and reject towards bearish direction. Price created a MSS with BOS tgt to form a strong lower low candle. This has also formed a FVG settling a new Bearish OB. Set short trade in the LTF bearish OB targeting H4 Swing Low. R:R 1:5
Recently, FX:EURAUD breached the 1.63 support level. However, after reaching a low of 1.6220, the pair swiftly reversed, indicating a false breakout. Over the past three weeks, the pair has formed a falling wedge pattern, hinting at a potential reversal to the upside. Confirmation of a bullish scenario would come with a break above the descending trend line. In...
The EURAUD is transitioning from a downtrend to an uptrend on the IH time frame while displaying a Bearish AB=CD Pattern. This presents an opportunity to set a Buy stop order at point B, anticipating a move to point D (Potential Reversal Zone). At that juncture, we can consider initiating a Sell-stop order for a second trade.
Bullish AB = CD Pattern observed in EURAUD Pair. Currently, the bearish trend can be used to short till the price reaches Potential Reversal Zone (PRZ). From the PRZ, a long position can be taken to ride the potential bullish trend.
EURAUD Is now seen bullish and we see a divergence in rsi so here you can buy now
EUR/AUD broke the downtrend line and BOS (Break of Structure) Heading for 1.6400, well done Members'. Chris
1. PSTG 1 TO BE hit 2. PSTG 2 TO BE hit 3. Market did retest on the zone i predicted that it is going retest at. ///trade///
We can attempt to buy EURAUD from specified level as it break LH , trendline resistance , also bullish divergence occur indicate that it move upward. SL , TP mention in chart.
The price perfectly fulfilled my last idea. FX:EURAUD fell from resistance and hit the target. The market broke through the support level, making a new extension downward. The price updated its lower lows and closed below support level 1.64000. The market is rolling back to the resistance zone. The price is pulling back to a level that was tested multiple times...
Hello Everyone, EURAUD has discovered support and presently resides within the monthly support zone. It is crucial for the price to solidify its position above the weekly pivot point (1W PP) to validate potential further bullish momentum. TradeWithTheTrend3344
SL: 1.64973 TP: 1.62000 In this trading strategy, we present a compelling opportunity for a long position on the EURAUD currency pair, focusing on the 1-hour timeframe. By incorporating key technical indicators such as the Exponential Moving Average (EMA) 200, Moving Average Convergence Divergence (MACD) for trend analysis, and Supertrend for entry signals,...
EURAUD has formed a harmonics pattern as well as divergence which indicates that the trend is likely to reverse.
Hello guys, EURUAD has been falling nicely and this could continue to 1.6140
Expecting another bearish wave for EURAUD its little risky now because we are retesting resistance zones
hello guys .this is what it see on euraud. looking for long position between 1.62570 - 1.62180. target 6.4100. this is just an idea of what i see. trade at your on risk.