Waiting for Buy Opportunity on EURAUDPair: EURAUD
Prediction: BUY / LONG
Target 1: 1.59200
Target 2: 1.60100
Confluence:
1)Break of a daily bearish trendline
2)D point reached of a harmonic bat pattern.
3)2 Bounces on the Harmonic D zone
Euraudsetup
EURAUD - MULTI-DAY 'M' FORMING Hey folks,
Here's the analysis for the day for EURAUD.
We currently have a nice multi-day forming right at the last zoneflip before the anchor structure.
If this H1 candle closes BELOW 13 EMA we have a 2nd leg nameable pattern (Morning Star) and we're going to enter the trade!
Target will be around @1.6075.
Let's see what happens :D
*UPDATE 2.0* EURAUD - TREND REVERSALHey folks,
Here another update on EURAUD.
We have closed our position with 100 pips profit!
Exactly at the area where we predicted the pullback, unreal how accurate these markets are.
Currently we're looking for a bounce off the 50 EMA on the H4, or a M formation off the 200 EMA on the H1 for a better entry.
It definitely looks like it's going to drop more.
Will keep you guys update if we enter another trade :)
EURAUD - SWING TRADE ENTEREDHey folks,
We have now entered EA sell:
Price @1.62478
SL @1.63400
TP @1.60500
Nice 2/1 ratio.
I went in with 1% risk.
If this next 4H candle closes ABOVE 13 EMA I'm going to take a scratch and close!
Strict rules following these trades :)
EUR/AUD - 350 Pips+ Short Opportunity - ReversalEUR/AUD has been in a consolidation area for about a week and seems to have taken the impact from the last uptrend.
As we can tell from our indicators, this pair does not seem to have the steam left to go further high. Thus, we can open a short position for the reversal of this pair back to 1.54.
Our Stop Loss needs to be higher than the last highs. Recommended at 1.59.
If the pair fails to break down and begins to show some sign of strenght, which I don't expect to, then open a long position. Until now, from the looks of it, this pair seems very week and the resistence has acted well.
The impact has been taken, and a reversal is imminent.
Happy trading!
Weak... ISH Euro!Euro is still on the weak side for me this week along with the US Dollar and Pound. Nice simple set up here, hammer candle formation at a descending trend line. Target at fib extension, done.
EURAUD SELL SELL Opportunity EURAUD SELL SELL Opportunity! Will EURAUD Continue With The Move Down? According to Gann, Yes. A Good SL Will Be Around 1.6024 Levels
Easy setup for a beginner signaljust for fun and easy setup,for beginner if they want to enter by themself in this trade
as you see is in perfect range
so what you ave to do is to wait a price fo out for this range (rectangle) and to wait a bit a confirmation and then enter short or long and manage your ratio or doing you first scalp alone.
Quiet market so i see that perfect range i wann post if for all beginner and also for all other as me is a nice range to trade when we will get a signal in intraday or scalping
EURAUD H4 *Ranging*At the moment we have this pair ranging after it's trend line breakout on Friday creating uncertainty whether it will return to the downside or not. Patience patience patience, let it breakout to either side of the box THEN enter!
short intraday at 1.5372 target 1.5300 (72 pips)I shot euraud short time trade 1-2 days
he is on Weekly resistance and overbought h1 and h4 on many indicator
also the night Aud get the a record data for a business conditon at 21 from previous 14
short at 1.5372
Target 1.5300
gain 72 pips
No stop loss (just monitoring)
EURAUD - LONG bottom of channel @0.618 retracement zone LONG bottom of channel @0.618 retracement zone from previous move down
Price action suggest reversal up buy signal from channel line
EURAUD
Sell EURAUD Short Term Based on 30m TF Double Top Chart PatternThis 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.
EURAUD - At ResistanceEURAUD finds itself at resistance (88.6% Fibonacci retracement) inside of a weekly sell zone with the 4HR Stochastics overbought and RSI diverging.
We are expecting RBA Monetary Policy Meeting minutes at 02:30GMT which could be the catalyst that moves EURAUD.
A hawkish tone from the RBA could send EURAUD lower, and a poor German GDP print at 07:00GMT would further help push price lower.
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.
BreakageFor the previous days, the EURAUD pair has been continuously consolidating few pips above the support-now-resistance area. Due to the unwillingness of the bulls to fight on, it was hugely followed by a series of bear attacks. This of course, after another formation of inside bar, has made me point out to enter a short position for a quick trade.
Euro's reliefThrough my previous analysis, I've shown you several short setups for the Euro currency. These includes EURGBP, EURUSD, EURJPY, and now, EURAUD!
For several days, the Euro-Aussie pair has tested the resistance several times -- and failed -- leading to a descend on prices. In addition to this, a possible fakey signal has been formed. Fakey bar occurs only after a formation of inside bar where when the price action bar produces a pin bar that pushes through the inside bar's high/low. After the formation of the fakey, another inside bar formed again. Look out!
EURAUD AT TOP OF TREND CHANNELLooking for some downside here in the EURAUD since it has made its way to the channel upper trend line. The time to consider short trades is at this point with a target of the channel lower trend line.
Sell after it crosses the support lineThis is what I believe the trade would go if the prize crosses the support line.
Keep it simple ! :)
EUR AUD bounce down to jump to 1.425If this demand level still have buyers, no supply on a way to 1.425
EURAUDThe drawdown is approx 300 PIPS, which are going to over @ 1.39920 - We will take a long position at this level and take profit at 1.42710
Eur/Aud Short (Feedback IS APPRECIATED)From a long term daily perspective I see it has been in a downtrend. It has retraced up to a level (1.444) it may reverse at or go up a bit (1.4500) more then finally head down to around the 1.42000 area.
