Euraudsell
EURAUD - SWING - 05. AUGU. 2020Welcome to our weekly trade setup ( EURAUD )!
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1 HOUR
Bearish break below main sr level.
4 HOUR
Overall bullish market turning right now..
DAILY
Great short entries for a retrace setup, expecting a push to previous lows.
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FOREX SWING
SELL EURAUD
ENTRY LEVEL @ 1.64670
SL @ 1.65360
TP @ 1.63630
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
EURAUD and Sell Area (22/7/2020)Sell limit
1.62610
SL 1.63190
TP1 1.62020
TP2 1.61470
TP3 1.60900
Note!
Cancel/pending plan few minutes before news! (Medium/high impact news)
Decide your target, manage your risk..!
Turn off your PC..! Let your choice running..!
Disclaimer
The content on this analysis is subject to change at any time without notice, and is not provided for assisting traders to make decision.
EURAUD - SWING - 13. JULY. 2020Welcome to our weekly trade setup ( EURAUD )!
-
1 HOUR
Bearish break below main sr level.
4 HOUR
Overall sideways market at its highs.
DAILY
Good short entries and price action towards previous lows.
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FOREX SWING
SELL EURAUD
ENTRY LEVEL @ 1.62470
SL @ 1.62860
TP @ 1.61880
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
EURAUD, 4hr timeframe, ABC correction of Elliot WavesOn the 4hr timeframe we could clearly see there is an ABC correction after 5 waves already completed.
This ABC correction is from a bigger ABC degree on the ending diagonal of 5th wave so it was a bit tricky to play.
Focusing only on the yellow box area it clearly looks like a flag pattern and price broke through the support with 2 solid red candles.
We could see price continue to decline until 1.6100-1.6110 area which is still 150 pips to the downside.
Sell EURAUD around 1.6260-70
Stop loss 1.6350
Take profit 1 @1.6180
Take profi 2 @1.6100
good luck
EURAUD | DAILY SESSION | SHORTOn the Asian Sessions, we are looking for the continuation to the downside. If this does not occur then we would want to see a pullback to the 50% retracement of high.
Big Picture View
Strong: AUD
Weak: EUR
This trade is valid until 06/07/2020 @ 9 pm BST.
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