EURAUD trade ideas
euraud is looking bearish on 1 hour TimeThe price can go down because of 2 confirmations
1. bearish divergence
2. breakout of rising wedge low
open 2 trade with 1 % portfolio amount for each trade
entry - previous low breakout
stop loss - Above the previous high
Target - look at the chart
Risk reward ratio 1:1 for ist trade and 1:2 for 2nd trade
Thanks
EURAUD LOOKING BEARISH AT 4H TF1. Bearish Divergence at 4H TF
2. Price approaching resistance
3. sell entry only after some bearish candle
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EURAUDprice approach at area of value and price action formation of massive engulfing candle and also form head and shoulder pattern once the zone of neckline break price move to next support or trendline
EUR/AUDThere a huge resistance towards previous candles keeping short now it will retest near 1.56761 it's the target for the short to getin profits
Short On EURAUD Sell Entry On EURAUD
As A Trader I Completely Believe On Sentence " TRADING IS SO SIMPLE (If We Stay Consistent & Discipline With Our Strategy) BUT NOT EASY (If We Start Breaking Our Trading Strategy Rule.)"
"Below All Conditions Are Meet To Take Short Entry On EURAUD"
(1) Entry Price - 1.55396
(2) Stop Loss - 1.55816
(3) Take Profit - 1.54178
TIMEFRAME - 1 HOUR
Here I'm Going To Explain My Own Strategy Step By Step With The Help Of Word - "CEST - B" Where ,
"C" Stand For - CONDITION
(1) RSI For Long Entry - I Want RSI(14) In Oversold Area(30Level).
(2) RSI For Short Entry - I Want RSI(14) In Overbought Area(70Level).
(3) Candlestick For Long Entry - Need Bullish Big Shadow candle When RSI Is In Oversold Area.
(4) Candlestick For Short Entry - Need Bearish Big Shadow candle When RSI Is In Overbought Area.
(5) We Need Regular Divergence If RSI Is Not In Overbought or Oversold Area When Big Shadow Candle stick Form.
"E" Stand For - ENTRY
(1) For Long - Opening Price Of Previous Candle Of Bullish Big Shadow.
(2) For Short - Opening Price Of Previous Candle Of Bearish Big Shadow.
"S" stand For - STOP LOSS
(1) For Long - ATR(14) Of Bullish Big Shadow + Distance From Entry Price To Low Of Bullish Big Shadow + 2Pips Extra ( Spread).
(2) For Short - ATR(14) Of Bearish Big Shadow + Distance From Entry Price To High Of Bearish Big Shadow + 2Pips Extra ( Spread).
"T" Stand For - TAKE PROFIT
Take Profit Will Be 2.9 Times Of Our Risk Which Means If Our Risk On Single Trade Is 3% Then Take Profit Will Be 8.7% .
Risk - Reward Ratio - 1:3
"B" Stand For - BREAK-EVEN
(1) For Long - If RSI(14) Reach To Overbought Area We Will Move Our Stop Loss To The Break-Even.
(2)) For Short - If RSI(14) Reach To Oversold Area We Will Move Our Stop Loss To The Break-Even.
NOTE - Consistency & Discipline Is A Key Element Of Success.
Short on EURAUDSell Entry on EURAUD
Entry price , Target & Stop Loss all the details Available in Screenshot
EURAUD - 1H PROJECTIONDISCLAIMER: The Company accepts no accountability or obligation for your trading and speculation results, and you consent to hold the Company innocuous for any such outcomes or misfortunes. We are not financial advisers or account managers; We are Forex traders. The recordings on this channel are rigorously for educational and amusement purposes. Trading Forex implies dangers, and you can lose all your venture ; consequently, you exclusively must take a chance.
EURAUDEURAUD aik parallel channel main trade ho rhi thi is na channel ko break kia aur divergence+buy candle ki confirmation di is liey buy kr lia.
Bearish ViewAs of my guess it's ready for the break out. We can expect a short trade here. Just wait for the confirmation here.
EURAUD 15MDISCLAIMER: The Company accepts no accountability or obligation for your trading and speculation results, and you consent to hold the Company innocuous for any such outcomes or misfortunes. We are not financial advisers or account managers; We are Forex traders. The recordings on this channel are rigorously for educational and amusement purposes. Trading Forex implies dangers, and you can lose all your venture ; consequently, you exclusively must take a chance.
EURAUD Down Trend.!#EURAUD Looking for Sell trade setup as I mentioned in the Chart.!
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EUR/AUDKEY HIGHLIGHTS
1. Perfect example of breakout and retest
2. Market in a bull run
3. Taking support at 0.5% fibb level
4. But entry at the double bottom or strong buying pressure.
