Pair Name : EUR/AUD 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Direction ( Short ) Type : Mid Term Swing ——————————— Bearish Break 1.62750...
Lately on EURAUD price has retested both the daily Inverse gap + the daily fair value gap and has closed below the both of them now ready to take out those swing lows
Hello,Friends! The BB upper band is nearby so EUR-AUD is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 1.622. ✅LIKE AND COMMENT MY IDEAS✅
Regular Flat Butterfly Pattern current forecast must not break low of 0.62158
EURAUD has reached the bottom of the PML ,PDL & PML so that mean THE market has to retest back up to the PDH ,PWH,PMH ZONE also because the AXY is losing strength and the DXY gaining
Price Action Trading. Price is bearish on the higher timeframe. Daily As price returned to horizontal level at H4/Daily, it rejects and formed a bearish flag pattern. So price break below the flag and H1 support level and closing lower low. Set a short trade R:R 1:4 targeting Next Daily swing low from the H1 horizontal level.
✅EUR_AUD is going up to retest a horizontal resistance of 1.6380 Which makes me locally bearish biased And I think that we will see a pullback And a move down from the level Towards the target below at 1.6288 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
The price perfectly fulfilled my last idea. FX:EURAUD fell from resistance and hit the target. The market broke through the support level, making a new extension downward. The price updated its lower lows and closed below support level 1.64000. The market is rolling back to the resistance zone. The price is pulling back to a level that was tested multiple times...
Possible trade idea for EURAUD looking like it's trying to play out. Happy Trading! :)
Welcome back! Let me know your thoughts in the comments! ** EURAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
EURAUD is moving in a descending channel between the trend lines. The chart has reached dynamic support and a support level coinciding with the 62% retracement level of the last bullish impulse. The previous reach of support was followed by a bounce twice. We expect a rebound after the support retest. ------------------- Share your opinion in the comments...
Manage SL during news time, intraday trade tp and sl mentioned not a financial advice
Price is falling towards the pivot which has been identified as a pullback support and could bounce from this level to the 1st resistance. Pivot: 1.6229 1st Support: 1.6174 1st Resistance: 1.6285 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs...
Recently, FX:EURAUD breached the 1.63 support level. However, after reaching a low of 1.6220, the pair swiftly reversed, indicating a false breakout. Over the past three weeks, the pair has formed a falling wedge pattern, hinting at a potential reversal to the upside. Confirmation of a bullish scenario would come with a break above the descending trend line. In...
Hope price will move up by respecting reversal trend + fvg zone
This pair will continue its bearish trend , below 50ema after a pullback, the direction of the market still bearish...Banked 211 pips past week and now we will an extension. Happy trading guys, risk management....