Taking a look at EURAUD on the 4 hour timeframe, you can see price action is holding below the most recent support zone. Typically when price action holds below a key level, it suggest further downside. Will that be the case this time around? Or will this be a fake-out as RSI is giving us mixed clues with the bullish divergence.
Pair: EURAUD Analysis: Chart Patterns + Highs & Lows + Impulses & Corrections Directional Bias: Short Entry: Continuation Corrective Structure after the breakout. ⚠️ Do your research and apply proper risk management as nothing is guaranteed in forex trading. As we have often said, this is a high risk venture and past performance is not indicative of future...
Market Structure Bearish on Higher Times Strong Rejection on the Weekly Candle Previous Structure point (Weekly) Daily Rejection from AOI Around Psychological Level Daily Reversal Pattern formed Might see rejection around W1, Looking to see what the market will do and take advantage Nice steep trendline on H4 REMEMBER: Trading is a Game Of Probability ...
EURAUD seems to have broken above from downtrend. We expect bullish move to at least 1.6650 level. TP and SL are marked. Market is uncertain because of FED news and holidays coming. Do not over risk and follow risk management.
I am expecting a short trade on EURAUD based on a ranging market. I've identified a lovely double top trading pattern, and when looking at the left side, there's a minor resistance formed. Now, combining the double top pattern with that resistance, I've established a zone. Currently, the market has broken below this entire zone, and I plan to enter the trade on a...
Watching EURJPY moving nicely on an uptrend channel, and with price moving nicely to retest the support of the channel, a sell opportunity presents itself. I have being following this pair since last week, i hope it respects candlestick formation
Take a look at our analysis for EURAUD. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 1.639. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1.658 level. P.S The term oversold refers to...
I really didn’t expect EURAUD to have another high, but well, the setup is there and I would say high probability of going up, at least to 1.684.
Clearly outline your trade setup, including entry and exit points. Explain the rationale behind your chosen levels and how they align with your overall strategy. Provide details on any specific chart patterns or candlestick formations that support your trade idea.
Clearly outline your trade setup, including entry and exit points. Explain the rationale behind your chosen levels and how they align with your overall strategy. Provide details on any specific chart patterns or candlestick formations that support your trade idea.
✅EUR_AUD has made a bullish Rebound just as I predicted In my previous analysis but Has not reached a falling resistance From where I will be expecting A bearish correction SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
✅EUR_AUD is going down now But a strong support level is ahead at 1.625 Thus I am expecting a rebound And a move up towards the target at 1.640 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Technical analysis based on bbma strategy, use proper risk.
After bearish trend on hourly chart, the instrument entered into a triangular pattern. now after breakout in bullish direction expected that it will move upward.
Expect price to go up the order block and bounce off the Order Block. 1:2.5 RR.
Although EURAUD is a pair where we see harsh volatile movements, it is a setup that offers clean entry conditions. With 30 pips stop-loss, entries can be held up to the top pocket. (is my way of naming it "TP") Setup is not ready yet. Therefore, this is a "buy-limit" entry. I have a completely separate 6-figure account for my Currency Intraday-Swing trades. I...
EURAUD- Showing a Head & Shoulder Pattern on the 1 day chart
Observe and watch EURAUD sells closely... I see a great movement happening soon