2 bullish candles is retracement only! It will goes back down, 60% retracement since it goes down! I hope you enjoy and trade it! Give a like!
Hello, my fellow traders hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into it. As we can see, the price is inside ASCENDING CHANNEL, one can go long. Let us know your views on this in the comment section. Thank you all. There is good news for our followers. We will be analyzing...
still on EA here is another look of things using trendlines and SNR OR what others know as SND we currently sitting at or the price is trading at an R level and we just kissed the trendline looking for a nice swing down.
looking at the market structure its playing downwards bearish momentum is in place. H-S pattern in place
EURAUD sell setup is gradually taking shape. We've been on a downtrend since August 23rd and we're presently around the 50% Fibonacci retracement of that bearish wave. Yesterday, we got a bearish candle and another bearish close today should give confirmation of the sell
FX:EURAUD Hourly TF, following the current trend, price is at a key level where we could see longs up into these previous highs then onto 1.62500. We are coming into a 4th touch of this trendline, so expect fakeouts where we could come back down and retest the back of the broken counter trendline before the push up
the price is already downtrend and makes a flag pattern as consolidation, maybe the price will continue downtrend until break the support area or will bounce and make an uptrend.
Well EURAUD has break the descending channel also break the daily resistance level. Price is running in re testing now i am looking long entry but need to reject on counter trendline and of course need proper price action candlestick for confirmed entry. Best of Luck
EURAUD now is on support line and AB=CD pattern confirmed in chart. Three break out and bad follow through in daily time frame are sign of week down trend and I think its time to long again. EUR_AUD has almost reached a strong support Which makes me locally bullish And I think that we might see a bullish move up To retest the local resistance above LONG🚀
EurAud is going to 1.6172 as a first target after that tp2 will 1.6234
if u look back to one of my last published ideas of euraud the market did well to follow my setups what will you expect now ? let me know your ideas how you see the market to the comment below? Don't Hesitate to follow with me to get nice set ups
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (1.6142). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURAUD is in a range bound, and the beginning of a downtrend is expected. . The price is above the 21-Day WEMA, which acts as a...
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (1.6142). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURAUD is in a range bound, and the beginning of a downtrend is expected. . The price is above the 21-Day WEMA, which acts as a...
-Nice triple moving average crossovers. -Up trending. -Test previous level resistance become support. -Fundamentally weak for Aussie Dollar / Philips Lowe's dovish attitude. Two (2) TP levels as seen in the chart above. Trade at your own risk.
H4 time frame. Structure: Uptrend. After a deep downward move, the price formed a consolidation area. The price after a strong increase broke through the consolidation zone at 1.60900, there was a retest and there was a signal to increase again from this zone. Here, waiting for the price to form a continuation candlestick pattern, you can buy with the profit...
price has done a double top and rejected this main resistance zone/ area of supply and demand it will now fall to its last support
Bottom line downtrend, strong hammer daily, rejection of 0.78 fibo and my resistance. The 1.6110 area will be our selling intervention zone, wait for the RSI and the Stochastic to give us overbought. Also pay attention to economic news that may influence our analysis. High probability trade. Good luck !
Entry at Current Price Stop Loss 1.61148 with Trailing Stop loss This Could be a big Ride