DeGRAM | EURAUD Breakout continuationEURAUD broke and closed above the consolidation zone and descending channel .
The bears failed to make a new low at the support level instead bulls pushed the price higher.
We expect a breakout pullback continuation pattern ( BPC ).
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DeGRAM | EURAUD oppportunity to buyEURAUD rebounded from the support level and lower border of the channel, which act as dynamic support.
Price action is putting pressure on the channel's border, which is a dynamic resistance, and probably it will breakout.
The bears failed to make a new low at a psychological level of 1.5400.
We expect retest of the resistance level.
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20 Reasons for Buy EURAUD 🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1 ✨Eagle eye: Yearly Market is sideways. Both sides have imbalance areas, but most markets' sentiments are bullish
2 📆Monthly: market structure is bullish, and the current move is corrective, but now the market also changes character with the previous break
3 📅Weekly: a strong up move now makes a clear retest on weekly FVG and CIP, ready for another bullish impulse move
4 🕛Daily: previous retest support and bullish order block prepared for an impulse move
😇7 Dimension analysis
🟢 analysis time frame: daily
5: 1 Price Structure: bullish
6: 2 Pattern Candle Chart: panic bottom flag
7: 3 Volume: Heavy volume on bull candles
8: 4 Momentum UNCONVENTIONAL Rsi: Sideways middle bull phase
9: 5 Volatility measure Bollinger bands: Not supporting
10: 6 Strength ADX: full sideways
11: 7 Sentiment ROC: Eur is at full strength right now
✔️ Entry Time Frame: H4
12: Entry TF Structure: Bull to sideways
13: entry move: impulsive
14: Support resistance base: mid-order block support
15: FIB: discount price support
☑️ final comments: buy
16: 💡decision: buy right now
17: 🚀Entry: 1.5601
18: ✋Stop losel:1.5400
19: 🎯Take profit:1.6500
20: 😊Risk to reward Ratio: 1:5
🕛 Excepted Duration: 1 month
DeGRAM | EURAUD level breakout EURAUD moving in the ascending channel.
Price is creating a triangle pattern, resulting in a potential AB=CD pattern if it breaks it.
The market is trading near the psychological level of 1.5600.
We expect a breakout of the resistance level and a further bullish move.
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EURAUD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
DeGRAM | EURAUD sell pullbackEURAUD broke out of the descending channel.
The market is consolidating at the resistance level after pulling back from the support level .
Price action is printing HLs and LLs and is likely to go down from the psychological level 1.5600 + resistance + trendline (dynamic resistance).
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DeGRAM | EURAUD buy pullbackEURAUD rebounded from the support level and lower border of the channel, which act as dynamic support.
Price pulled back to the support zone with deceleration and made a false break.
The market is trading above the psychological level of 1.5700.
We expect retest of the resistance level.
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EURAUD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
DeGRAM | EURAUD buy pullbackEURAUD moving in the ascending channel and to the support level and lower border of the channel, which act as dynamic support.
Price pulled back to support zone with deceleration.
The market is trading the psychological level 1.5700.
We expect retest of the resistance level.
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DeGRAM | EURAUD ascending channelEURAUD has reached the support level and lower border of the channel, which act as dynamic support.
The price has rebounded from the psychological level of 1.55000.
We expect a further bullish move until the trend is broken.
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20 Reasons for sell EURAUD 🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1 ✨Eagle eye: prices side way or in a range from last 10 years to date
2 📆Monthly: a clean bearish trend also filled their correction
3 📅Weekly: after a weekly correction, now price grab one all liquidity as a flag pattern and forming upper side wicks candle
4 🕛Daily: a long consolidation and Wyckoff spring all major resistance at the point
😇7 Dimension analysis
🟢 analysis time frame: Daily
5: 1 Price Structure: Sideways
6: 2 Pattern Candle Chart: Wyckoff
7: 3 Volume: below average
8: 4 Momentum UNCONVENTIONAL Rsi: Sideways
9: 5 Volatility measure Bollinger bands: Head fake
10: 6 Strength ADX: sideways
11: 7 Sentiment ROC: Eur is weaker than AUD
✔️ Entry Time Frame: H4
12: Entry TF Structure: Clean bear
13: entry move: impulse
14: Support resistance base: previous Resistance Ob Base
15: FIB: triggered
☑️ final comments: sell right now
16: 💡decision: sell
17: 🚀Entry: 1.5528
18: ✋Stop losel: 1,5565
19: 🎯Take profit: 1.5381
20: 😊Risk to reward Ratio: 1:5
🕛 Excepted Duration: 5 day
DeGRAM | EURAUD moving sidewaysEURAUD has reached the major resistance level .
The market is moving sideways.
Price is approaching the resistance level that was respected multiple times before. Look left.
We expect a further sideways move until the new trend is confirmed.
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DeGRAM | EURAUD ranging between levelEURAUD has reached the major support level.
The market created consolidation pattern: Cypher pattern.
Price is approaching the support zone that was respected multiple times before. Look left.
We expect a pullback.
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DeGRAM | EURAUD selling opportunityEURAUD bounced off the major resistance zone .
The market is moving in an expansion-pause pattern.
Price is approaching the resistance zone.
We expect a down move to the support level.
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