EURAUD - LONG TERM BUY WEEKLYEur/Aud - Weekly chart - I see a break of trend structure on weekly chart so I am expecting bullish moves from this pair now. Looks like we may have created a higher low on weekly chart. great risk to reward.
Euraudbuy
EURAUD Fueling UpEURAUD on the daily time frame has broken the upper range fueling up for attacking 1.50. Stoch also looks great
TP: 1.52
SL. 60 pips from current market price. or 80 depending on our equity
Eur/aud longwould recommend a trigger for long when it hits the trend line or s/r the condition of number 1 & 2.
1.a hammer or a weak on the candle shows that its going up.
2. the sellers are struggling and it seems like buyers are winning.
EURAUDBuy into small stable uptrend on D1.
Entry: 50% retracement of Bullish Reversal Candle
SL: A few pips below the Bullish Reversal Candle
TP: Next Weekly Resistance
Harmonics on EURAUDHey guys,
this is a Bat pattern that's going to complete soon on this pair, since it meets my rules i'm taking this on the completion, not waiting for a confirmation, although you may wait for it and gain from that. I'm setting an order at D point, with stops below X and targets at 382 and 618 AD retracement.
Feel free to share your view or ask questions.
See you in the next chart!
Long EURAUD Longterm Based on 4H, 1D + 1W Charts for 300 PIPS!Here we have a trade opportunity for the EURAUD which has recently broke out from a Daily + Weekly uptrend. Price has found support at the 38.2% fib level and bounced up nicely. The potential target zone will be the point it broke out, with a longer term target of continuation of the uptrend.
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please comment below and Like if you agree with my analysis.
EUR/AUD LONGCounter trend opportunity
EUR/AUD
- Structure trade // Counter trade opportunity
- 4hr chart / Structure to the left with resistance around late April/17
- 4hr chart / Structure to the left with support around Mid May/17
- Fib conf. 61.8%
- Potential double bottom at 16th/June & today
- Nice long doji candel formed at both double bottom
Safe trading everyone.
EURAUDOur preference: position bought above 1.4820 with targets at 1.4950 & 1.4990 in extension.
Alternative scenario: in break of 1,4820, a continuation of the decrease will be envisageable with 1,4775 & 1,4720 in line of sight.
Comment: The RSI is well oriented.
EURAUD long based on Mongerskit Trading System We have a buy signal generated on EURAUD supported by our technical analysis.
Incase of a pullback, we expect a retest of the daily support and a rally to top.
EUR/AUD - 200 Pips Long OpportunityThere is a good opportunity to catch 200 pips when EUR/AUD finally breaks it's resistence.
Be on the lookout, when you do confirm the move with your own analysis, get in it professionally with the right risk management.
This is simply an idea, always make your own analysis before investing.
Happy trading!
EurAud bounce back before going back upJudging by the ranges on EurAud it looks like it will first show a wave down before bouncing back up.
Selling it with a take profit at 1.4180 and at that point switching to a buy towards 1.4550 the next weeks might turn-out to be very profitable
EURAUD longUnfilled buy orders below visible on daily TF can take this market to 1.414, if first supply zone above will not be strong. Over 1.4045 there is nothing to stop from rally. 4h view.
EUR AUD bounce down to jump to 1.425If this demand level still have buyers, no supply on a way to 1.425
Structure Exposed!!Hi guys,
this is a simple structure trade: you can see price is coming back to retest the former resistance that once broken should turn into support. This is also lining up pretty well with a 618 retracement and a psychological number (1,40). You can see also a pin bar just formed with OVERSOLD condition.
All those clues together make this trade a nobrainer.
If the current candle will reject again that level i think i'm going to buy.
Stops obviously below the pin, target1 and 2 with 382 and 618 retracement.
Always look left. Structure leave clues!
If you want to share your thoughts or ask questions, feel free to comment below.
Otherwise, see you in the next chart!
Structure Exposed!Hi guys,
this is a simple structure trade: you can see price is coming back to retest the former resistance that once broken should turn into support. This is also lining up pretty well with a 618 retracement and a psychological number (1,40). You can see also a pin bar just formed with OVERSOLD condition.
All those clues together make this trade a nobrainer.
If the current candle will reject again that level i think i'm going to buy.
Stops obviously below the pin, target1 and 2 with 382 and 618 retracement.
Always look left. Structure leave clues!
If you want to share your thoughts or ask questions, feel free to comment below.
Otherwise, see you in the next chart!
What's structure telling us? (EURAUD Analysis)Hi guys,
this time i want to share with you a simple structure trade, in order to let you understand how i analyze markets so that i can find the best opportunities.
I utilized two charts in this case for you have to get the reasons behind this thought process.
In the left hand side of your screen, there's the 4HR chart, and you can see price has created two consecutive new structure high, that is the definition of an uptrend.
Now, in order to get on the trend we must wait for price to come at our comfortable zones (where we can exploit the market): in an uptrend there are two levels to be careful of, the first is the broken resistance that could become support, the second is the previous support.
Right now price is sitting right in the previous support zone and it seems to be forming a double bottom (with RSI divergence) that could give us a nice trading opportunity.
Also, notice that there's the 618 retracement and a psychological number lining up in this yellow box.
Definitely keep an eye on that.
I'll update you in case of entry.
If you have any question, or you want to share your viewpoint, feel free to comment below.
Otherwise, see you in the next chart!
Structure speaks to us! (EURAUD analysis)Hi guys,
this time i want to share with you a simple structure trade, in order to let you understand how i analyze markets so that i can find the best opportunities.
I utilized two charts in this case for you have to get the reasons behind this thought process.
In the left hand side of your screen, there's the 4HR chart, and you can see price has created two consecutive new structure high, that is the definition of an uptrend.
Now, in order to get on the trend we must wait for price to come at our comfortable zones (where we can exploit the market): in an uptrend there are two levels to be careful of, the first is the broken resistance that could become support, the second is the previous support.
Right now price is sitting right in the previous support zone and it seems to be forming a double bottom (with RSI divergence) that could give us a nice trading opportunity.
Also, notice that there's the 618 retracement and a psychological number lining up in this yellow box.
Definitely keep an eye on that.
I'll update you in case of entry.
If you have any question, or you want to share your viewpoint, feel free to comment below.
Otherwise, see you in the next chart!
my euraud switchwhen the support at 1.3675 gives way the pair will be heading toward the 1.345 level with 1.32 as an extension.
the monthly chart as attached posted negative divergence on the rsi which broke through the ascending trend, implying that the support here will not last for long.
All the best trading this pair and please remember to give this a thumbs up!
playing euro chickenmonthly RSI has shown negative divergence and has now crossed below an ascending trend, which suggests the trend has turned negative and support at 1.3675 may prove temporary.
When the gates give way the pair will be heading toward the next projections at 1.35, with any rebound being capped by 1.4040
If you found my thesis helpful please remember to thumbs up.
All the best for the week ahead!
Bat pattern near to D completion point Hey guys,
there's not so much on my radar today. Nonetheless i've found a nice advanced pattern formation that is near to the completion point. It is a Bat pattern and its D point comes near to the daily structure level i've outlined with the black line.
Always have the bigger picture in mind.
Stops below X, targets at .382 and .618 retracement of AD leg.
If you want to share your standpoint or ask questions, feel free to comment below.
Otherwise, see you in the next chart!
