Will EURAUD start to reverse?As indicated in the chart, EURAUD is finding resistance at the channel TOP. So, far the price action indicates the formation of a TOP and possibility of EURUAD to drop in the coming weeks.
Low-risk sell entries can be taken at 1.7020-1.7120 with SL above 1.7300. TPs can be placed at 1.6770, 1.6540 and 1.6230
Euraudidea
EURAUD Short: Daily Charts Potential Profit Targets: Evidently Targets are for swing trades.
Looking left, price broke 1.65483 Resistance after several attempts. Idea is price is likely to retest broken Resistance.
Looking left, price has tendency to retest 200ema and occasionally 365ema-- another good reason to consider profit targets at these levels.
Check comments section for future updates on idea.
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EURAUD Short! Two Buy-zones at 30 Min Charts for Shorts Delays With Short Bias in mind, expectation is for Price to Fail at Green rectangles (supports) --turning them to resistances for decline to downside.
Follow this idea with previously posted idea for complete price-action story.
Momentarily, check comment section for developing updates to this trade-setup/ idea.
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euraud touched the upper trendline & ended with a wick.price of the euraud hit the upper trendline and ended with a nice wick where the bears are turned in to the market. with a bullish audusd/audjpy in mind, we certainly can expect a bearish euraud for the upcoming days where we can see that the price can fulfill the targeted areas
EURAUD SHORT: Examination of last impulse for profit targetsAssuming EURAUD creates No new highs above current high of 1.70697 (High Via TOS Charts)
A list of targets bound for retest can be created on Daily charts from most recent price-impulse structure.
Retests are probable at:
1.67617
1.66289
1.65483 (Major Resistance! More like Key Take-Profit)
1.63945 (Upper Range boundary)
1.63591 (Governs if Price has more bearish potential to Buy-Zones)
1.6252 (Take-Profit on retest)
1.62358 (Take-Profit on retest)
1.61962 (Buy-Zone to Hi 1.70697)
1.60663 (Take-Profit on retest)
1.60135 (Buy-Zone to Hi 1.70697)
1.5932 (Lower Range boundary)
1.56979 (Future Buy-Zone)
1.53612 (Future Buy-Zone)
1.53656 (Future Buy-Zone)
1.48499 (Future Buy-Zone)
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EURAUD SHORT: There's chance Price Test at 1.74691 Currently Price is trading above critical levels, "potential" one more up-push to 1.74691 before anticipated rejection to down-side.
Meaning another GTC short opportunity at 1.74691-- OR possibly Decline is already on its way!
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EURAUD Short! All Entries Done! Where's Red-Zone?
Entry Levels 1.67479/1.67587/1.68292/ 1.69902 Completed!-- Upon price decline, expect potential retest of corresponding color-code dashed lines.
ie Test of 1.70218 (Aqua) likely to cause retest of 1.66094 (Aqua) and 1.58148 (Aqua).
Test of 1.67587 (Yellow) likely to cause retest of 1.65574 (Yellow).
Red 1.63591 is determinant of Lower Buy-Levels upon Monthly Sell-Off
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EURAUD SHORT! A look at the Idea Price has posted a High 1.67633 and declined from probable rejection as suggested by earlier EURAUD Short post with critical levels:
1.67479/
1.67587/
1.68292/
1.69902
A view at charts has price clear off red targets (looking left) from previous swings-- Meaning price is behind in reaching its targets and is currently testing levels from previous (not current) swings.
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EURAUDafter a massive bearish weekly we anticipate some liquidation/relief/profit taking etc into the 1.65200 zone for the first target
daily - 4hr and so on we are giving signs of exactly this as the 1.610000 psyh zone has proven relentless - (look left)
weekly candle = bearish - play pullback - be patient - secure entries
let us execute this week
cheers.
#EURAUD,Stop! Ups on the wayThe trend is still bullish on the weekly chart.
After another record that EURAUD has broken in recent months, the currency is falling, the EURAUD is just on the 100 moving average line which has been very stable support in recent months so we will take advantage of our proximity to the support line and recommend buying.
target:1.6120
#EURAUD, Great potentialIn the previous 2 times, as you can see in the graph above, the EURAUD stopped at the support line in 1.5990 and immediately rose to 300 pips, and even now there is no reason for history not to repeat itself.
The general trend is an upward trend.
The Stochastic shows oversold and potential trend change.
Target: 1.6250
EURAUD SELL TRADE IS READYIn the name of Allah, the Most Gracious, the Most Merciful.
SELL EURAUD : 1.61652
1st Target : 1.60932
2nd Target : 1.60180
3rd Target : 1.57133
3rd Target : 1.54240
Stop loss : 1.63270
Risk : 160 pips, Reward : 671
USE 0.01 LOT ONLY.
IT IS HIGHLY RECOMMENDED TO FOLLOW RISK MANAGEMENT STRATEGY.
HOW TO TRADE ON OUR SIGNALS.
We Explain above you use that lot size whatever Capital you have.
Let say, for example; you have 4000 Dollars Capital.
We Posted Trade which has 4 Take Profit.
We will use 0.20 Total lot size We will divide it
in 4 Orders.
0.20 lot Divided by 4 Take profit = 0.05 Lot size.
So we will open 4 Trade with 0.05 Lot size for each trade.
Let See How We will do.
1st Trade 0.05 Lot: Stop loss Same >> Take profit will set to First target.
2nd Trade 0.05 Lot: Stop loss Same >> Take profit will set to Second target.
3rd Trade 0.05 Lot: Stop loss Same >> Take profit will set to the Third target.
4th Trade 0.05 Lot: Stop loss Same >> Take profit will set to the fourth target.
Let Say Our First Target Hitted Then you need to Move All Remaining Trade stop loss to Entry.
If Our Second Target Hitted Then You Need to move All Remaining Trade stop loss to First Target.
If our Third Target Hitted then You need to move All Remaining Trade stop loss to Second Target and So On.
Note: This is only for Educational purposes; this is not investment advice.
Thanks
Adil Khan.