EURAUD trade ideas
EURAUD WEEKLY ANALYSIS 27-11-2021#forexsignals #freeforexsignals #dailyforexsignals #weeklyforexsignals
#EURAUD weekly bias looks bullish. The buyer’s price of interests are 1.5720, 1.5705, 1.5630
The possible targets are 1.5870, 1.5980
These analysis are based on the current market swing and we update our views based on upcoming future swings
EURAUD DAILY ANALYSIS 25-11-2021#forexsignal #freeforexsignals #dailyforexsignals
#EURAUD Daily momentum is bearish. Sellers price of interest are 1.55870 1.55990 1.56180
The possible targets are 1.55000 1.54720
These analysis are based on current market swing and we update our views up on the upcoming future swing
Signal of weakness at support levelWhen every u trade resistance or support level alway see the candle siltick pattern near support and resistance level
SOME IMPORTANT SIGNAL OF REVERSAL
# CANDLE SIZE
#BEARISH AND BULLISH ENGULFING CANDLE PATTERN
# MORNING AND EVENING STAR
#PRICE REJECTION
PRICE REJECTION
it mean price go down or up from any support level or resistance level and reverse back quickly
WAIT WAIT WAIT FOR UR SETUP DONT TRADE RANDOMLY
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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