euraud buy now at price 1.64349 stop loss 1.63600 target 1.65596 risk reward ratio 1:1.70
Support resistance bass trading. So support this place. Small sl maintain
The price broke the trendline with an impulse leaving behind an unmitigated OB. Now the price is expected to mitigate it and hunt down the liquidity below. There is an buying Order block of which we need to pay attention and book partials if necessary.
Reason for long a) Weekly breakout b) Good risk reward zone c) consolidation breakout d) vwap breakout e) QQE above zero line f) SL compulsory
green line up and red line down. This presumed USD US industrial production and consumer sentiment i think
EURAUD Short off of a 4H key market area. Expected hold time is a few days. Expected RR is +2.5R. All confluences and entry conditions are similar to the related idea below.
As per technical analysis we have seen that the major support zone 1.64400 To 1.64700, Expect to move bullish momentum. Possibility for touch 1.67900.
I waited patiently for Price to Reach the Top of the Trend Line Channel. Once it reached the top i realized the Highs on the MACD were higher than the Last Swing High (Hidden Divergence). Momentum started pushing towards the Down Side. I placed a Sell Stop at 1.65074 and set the Stop Loss at the bottom of the last Demand Zone.
Disclaimer:- This is not A BUY OR SELL recommendation. please Consult with your financial advisor or with broker before taking any trade, this post is for educational purpose only . warning :- do not jump directly or do not copy my trades DO your analysis properly
I am currently in a long position on EURAUD due to the following factors: Demand zone touch: The EURAUD price has touched a demand zone, indicating buying interest at that level and a probable price bounce upwards. Technical analysis: Technical analysis confirms the presence of a demand zone and suggests a potential appreciation of EURAUD. Economic expectations:...
Reason for long a) Breakout pull back set up b) weekly breakout c) QQE breakout d) Super vwap breakout e) SL compulsory
Confirmations:- 1] mss 2] engulfing bar 3] trend continuation Target confirmation:- buyside liquidity area
Reason Behind the Sell 1. Double the Time Bearish Engulfing In Day Candle 2. Obey the Parallel Downtrend Line Overall Possible Outcomes EURAUD SELL 1.6389 SL 1.6470 TP 1.6170
HEAD AND SHOLDER NECK LINE breaked a good fall will expected on forex EURAUD pattern shows grab the oppurtunity for forex trader
Using so tight SL here. No plan to chase the market, if it fails. Exit with small loss.