EUR/AUD has made multiple tops and once again the volumes is decreasing, can be a good short sell opportunity near 1.65100 once a lower low and lower high is made. with SL above the multiple resistance zone. Views negative if hourly close is above 1.65550 before doing the breakdown.
EURAUD starts the month with the bullish move , let see
Hello Trades, As we have seen a good bullish move in the last week and currently the price is sitting at a key level of resistance.Now there are many sellers entering at this postion where in this would good opportunity to sell.Ensure that you use proper risk management with given StopLoss .Please feel free to Message me for your account growth and profitable...
The daily is turning down against the 3/19/20 highs at 1.9800. The 4 hour right side is down against the June highs at 1.6589. While below the 1.6400 highs, more importantly the June highs the pair can see a turn back lower continue. Short term trade Long @1.6302-1.6282 Target: 1.6380 SL: 1.6260 good luck !
Hey Trades. Welcome back .I Actually missed to publish the previous buy with +100 pips Profit scenario . There is a strong bullish push now again we can enter this buy position with Great Risk Reward i;e 1:5 .Please Message me for more profitable trades. Thank you
Trading suggestion: . There is a possibility of temporary retracement to suggested support lines, Then 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 uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. ....
Hello Traders, The price has currently come to the retest zone 1.62660 ,Hence from here we can take a short position which is a good R:R 1:3. FX:EURAUD
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.6585). 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 uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic...
Hello Guys We can see that EURAUD has Formed A DESCENDING TRIANGLE PATTERN in D1 Chart, which has m can be taken trade on either side based on the breakout, we are predicting that it’s gonna Go Up for a Buy trade, but in the end everything is depending on the Breakout , u can pocket 500 pips easily on this trade, hope you guys liked my analysis Than You All The...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.664). 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 uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic...
All explained in the chart. Price action analysis with support and resistance.
CONFIRMATIONS: 1. Hit fib 50-61% 2. break trendline/ retest 3. 21/8 crossover 4. forming H&S 5. RSI Divergence 1h/4h