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...
4 hr timeframe form a inversed head and shoulder...buy if cross above neck line
Prices are making higher high and the momentum is making lower low so it is generating a divergent.
Triangular Breakout
Welcome 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
Trading suggestion: ". There is still a possibility of temporary retracement to suggested resistance line (1.6016). 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 downtrend is expected. . The price is below the 21-Day WEMA which acts as a...
2 possible scenarios that can possibly happen (as marked by the arrows) as the price is forming a rising wedge pattern. Trading is a game of probabilities. We just dont know what is the sequence of our wins/losses but we know it will eventually play out in our favor. Thanks to all those who have followed me and liked my post. Especial thanks to all those who DM...
EURUSD and AUDUSD will converge, so EURAUD will rise.
EURAUD pair has consolidated good near the July support zones and is not looking for reversal. RSI is showing the gain of strength and over all the Euro Index is showing positive signs. on late Friday it broke the 5 day long trendline and now gaining strength. on hourly it has formed a reversal inverted head and shoulder pattern. and on 4 hourly it has made a...
The counter EURAUD is in the descending channel from 04th December. Today the counter has made an entry at the price 1.6267 and it started to break the channel.Therefore we can hope to maintain short and the bearish trend may continue further. The price is expected to fall up to S1(1.6223). The downward movement of the MACD curves gives additional support to the...
We got a clean retracement at the fibonacci key level and trend line. We will see the price going up. Comment and follow for more.