AUDEUR trade ideas
Head and shoulder pattern EXPLAINED HEAD AND SHOULD PATTERN
I am sure that you heard about the head and shoulder pattern this is the best example of head and shoulder
Head and shoulder pattern is good for reversal of price but if u trade head and shoulder in isolation
The. U must stop out . THE strong uptrend donot reverse just because of head and shoulder
Remember - never ever go against the trend , trend is ur friend but in this example the price cross below 200 SMA
So this is good reversal entry
HOW TO USE HEAD AND SHOULDER PATTERN
# see this pattern on higer time frame
# see 200 SMA for confirmation ( long trade above 200 SMA short trade below 200 SMA )
# watch price action near neckline
And I sure u know how to avoid fake breakout from my earlier post
Remember- alway follow risk management , be patient
KEEP LEARNING FROM UR MISTAKE AND BECOME GOOD TRADER
EURAUD - Trading Plan - 09/Nov/2021Hello Traders,
Hope you all are doing good!!
I expect EURAUD to go DOWN after breaking the top.
Look for your SELL setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea
EURAUDFX:EURAUD
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euraudwhat do you think ??? i think the eur aud biginig up trend and now its on 0.886 level of fibonachi
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EURAUD LHRHead and shoulder formed in 1D frame. Chart shared for educational purpose trade as per your risk management.
EURAUD 4Hr Pullback entryEURAUD
4Hr
Pullback entry
R:R 1:2
Looking for a short on NJ.
Use proper risk management.
Thank you
EURAUD SHORTLooking for a retest of this Zone of former Support Area, Current break and Retest happening
Updates to Follow
Eur aud buy setup foundEur aud buy setup found
eur made channel with three wave now trendline broken and now retracing, we can expect a good buy move by eur aud
💡Don't miss the great Sell opportunity in EURAUDPlease show your support back,
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EURAUD My longterm view on EURAUD
Price can possibly reverse to downside from level 1.6160 to 1.6170
confirmation will be taken with other confluences
Hi every one i am beginner to trade if i am wrong correct meHi
I am beginner to trading and i did support and resistance line please check and update me its correct or not
Thank you
Homework From course 101 - Weekly EUR/AUD - PART 2Homework Part 2 - Weekly Chart Analysis on EUR/AUD.
Answer to homework: I want to go long because the monthly is great probability to go long, but the problem is that on monthly and weekly the short-term trend is down. So, to better probability to go long on the weekly, wait the down short term trend turn into an up short term trend.
Homework from course 101 - Monthly EUR/AUDThe question is: how to trade this pair on the weekly chart.
The monthly context is totally favorable to buy in the long term, so in the weekly I want to wait for a scenario to buy too. This is because the largest time frame controls the smallest time frame.
I want go long on the weekly together the monthly.
EURAUD Trading inside Parallel Channel EURAUD Currently Trading in 4H TF Parallel Channel , Either Wait for Channel Break or Trade within the channel or wait for the channel breakout for Long or Short Position Accordingly.
💡Don't miss the great sell opportunity in EURAUDTrading 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 dynamic support.
. The RSI is at 58.
Take Profits:
TP1= @ 1.6071
TP2= @ 1.5976
TP3= @ 1.5905
TP4= @ 1.5785
TP5= @ 1.5704
SL: Break Above R2
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EURAUD quick scalp (24pips) [13.09.21]Quick scalp setup for EURAUD (24pips📈)
Follow for more 📊
ALL THE BEST!
EURAUD Expected Move..Possible move on THE Pair . Keep eye on it. EURAUD turning bearish and this the expected move from market.
EUR AUD WILL GO LONG!EUR AUD IS IN MAJOR DOWNTREND
the market is falling at strong support level
price is respecting red trend lines
entry; after a pullback
target ; previous structure level
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