EURAUD trade ideas
EURAUD 1:4.5 TradeAlways enter any position with 1% risk as we are targeting high rewards.
EURAUD is respecting this level and there's a FIB retracement zone as well, HIHGH PROBABILITY TRADE
EURAUD, Trending near the Long term Support area near 1.56-1.57EURO against Australian Dollar , after a completely bearish week , Expecting this pair to off the Support area to see some buyers control this week, It may test the area of 1.59 for a breakout this week , if it happens it may trend a breakout price action.
EurAud Short Opportunity M15This is a nice setup With multiple confluences- proper rejection zone, trend confirmation with 200 ema and entry done with stochatics..
Any queries- comment....
Happy Trading
💡Don't miss the great buy opportunity in EURAUD Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (1.5670).
. 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 resistance.
. The RSI is at 63.
Take Profits:
TP1= @ 1.5837
TP2= @ 1.5902
TP3= @ 1.6005
TP4= @ 1.6143
TP5= @ 1.6252
TP6= @ 1.6409
SL= Break below S2
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Inverse head and shoulder in euraud4 hr timeframe form a inversed head and shoulder...buy if cross above neck line
EurAud Generating a divergent.Prices are making higher high and the momentum is making lower low so it is generating a divergent.
EURAUD 4 HOUR LONG PROJECTIONWelcome Back traders! Euraud providing us Good short opportunity 💪🏻Price has broke 4Hr channel and had a retest at week closing.Highly Recommend to take this trade.please feel free to Message me for profitable trades and account growth. Thank you
