A beautiful long move for EurAud if support levels , expect a push on the resistance levels.
With price failing to create a new LL to continue or downward push we look at OB an IMB above to assist us with directional bias. looking at shorts from highlighted level/zone. with target being our expected area for long entries expecting now a bullish market.
After respecting the low of the left shoulder, and also price action to execute the trade presented itself.
Growing channel with current support on the channel's bottom line, without lower low and positive consolidation in the last 3 days. We can now expect further climbing towards to the previous high and upper channel line.
Currently looking towards the upside as price had bounced off previous support after big drop down in the form on Descending channel and price has broken bullishly out of that descending channel price currently correcting but correction could also be forming head and shoulders which is sign of reversal . and looking at corresponding EUR pairs most seem to be...
I started trading 💹 this year, 2021, It's been a challenging journey. At some point it seemed like I was in deep water with no idea of what I was doing. Learning how to trade with trend was an idea start. There are many trading patterns but mastering the Head & Shoulder pattern for me was a turning point from consistent loses So I feel it's a good place to...
According to price action.down trend broken.so we can have new trend
We are have seen a daily double bottom on the 200 ema with our forecast weakness in the AUD in trhe comming weeks / months and the strength of the EUR we feel strongly that odds of a long is a more likely scenario we have posted a live Long signal out recently in light of this
in 30 min chart a good manner said that can provide a long position. be alert!
A bit risky trade setup. No US volume today due to Labor holiday. Taking small position on this might be a better thing to do if taking this setup.
EUR/AUD 9/8/21 - Wed - 2:06 AM 3 on MT4 Inv head and shoulders (PR) Rejected off support line (PR) Rejected on 000 level Divergence 1,4 hr Rejected on 78% Fib The previous pattern at level performed * Long term downtrend Retesting on 500 level Counteracting divergence 1hr SL below 550 level
EURAUD - If you missed this entry, There might still have space after a pullback! I hit the TP level I am only trading 2% of my account as part of my risk management.
Im looking for 1:7 RRR low risk buy trade setup possible liquidation buyside
Price has retested the SP for the 3rd time, let's see if it'll go up SL 70 PIPS TP 245 PIPS RRR 1:3.5
A beautiful long for EurAud if resistance levels break even further
EurAud break resistance and create corection. Big opportunity to buy on support.
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