Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (1.6240). . 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 above the 21-Day WEMA which acts as a dynamic...
Price is clearly forming a bear flag pattern. Suggestive of a bearish move. Just waiting for little more development before looking for precise entry. Simplicity is key to be successful in trading. Thanks to all those who have followed me and liked my post. Especial thanks to all those who DM me and commented on my analysis wanting to know more about the trade.
EUR/AUD the pair has been moving in a symmetrical triangle pattern. and made a bulling pole and flag pattern inside it on 30 in time frame. willll be a great add for .64600 and .65500 ..
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (1.6559). . 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 above the 21-Day WEMA which acts as a dynamic...
EURAUD successfully break the previous resistance and now waiting for retest.
EURAUD Looking like a buy long term. confluences: - wedge pattern forming on higher timeframes such as h4 and daily. - Respecting the 50 MA on the daily - can see divergence on h1 and 15 m timeframe on MACD.
Price nearly reached the support levels and took the support to reach the exact resistance levels in 6 days of trading, this shows how bullish it is. Now at the resistance price is getting rejected little if price closes above 1.66 then there is a good chance for going long.
Price is forming an ascending channel which is a sign of reversal to the down side. Here is a 2 cent extra for this trade to all my followers. I will wait for a head and shoulder pattern to form before entering short at the right shoulder and catch the impulsive move to the downside. The way I trade is:- 1. I only look at the chart only 3 times per day. 2. I...
THE FUNDAMENTALS WERE SAYING THAT EUR WAS STRONG BUT MIXED AND AUD IS WEAK BUT MIXED. AND DURING PULLBACK THERE IS A DIGESTION PROCESS AT THE END AND RANGE IS DEVELOPING. THIS TRADE IS VERY RISKY BECAUSE FUNDAMENTALS ARE MIXED. BUT I TOOK THE TRADE. IF IT STRUGGLE TO GO UPWARD I WILL EXIT.
Mid-Term Forecast Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.635). 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 above the 21-Day WEMA which acts as a...
THIS IS EXACTLY SAME TRADE LIKE USD/CHF. BUT I DIDNT TOOK THE TRADE BECAUSE I FORGOT ABOUT IT. BUT IT IS REALLY GOOD ANALYSIS WHICH CAN HELP YOU. BUT MY ENTRY WOULD HAVE JUST AFTER THE RANGE IS BROKEN OR LITTLE BIT EARLY AND MY EXIT WOUL HAVE TOP SIDE OF THE RANGE.
Chart is shared only for the educational purpose