Buy idea With the bullish momentum, it is good the ride the wave from the strong order block area and fib golden zone that is matching with daily support level
Euraudlong
EURAUDIn my opinion, This symbol is in a daily uptrend channel and is expected to continue its uptrend.
EURAUD BUYClear indication of sell. I will try by all means to keep posting more analysis, keep dropping likes and commenting.
EurAud- Where to buySince the double bottom market with March's low, EurAud is trading in a clear ascending trend.
Now the pair is in a normal correction after the recent 1.64 high and this can offer us a good opportunity to join this trend
1.6 is both psychological and confluence support and is the zone where I'm looking to buy
EUR/AUDBuy: EUR / AUD
SL @ 1.60300
TP @ 1.61680
Max Risk: 2%
(When calculating, do not forget about different spreads from Brokers)
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Have a good week to everyone
EURAUD - LongCONFLUENCES:
1. Trend Line (waiting for 3rd touch)
2. Psychological Level (1.16500)
3. Golden Fibonacci Zone (71% - 78.6%)
4. 51 EMA is being respected on the 3hr and 4hr timeframe.
EURAUD: Ride the WaveTrading zone to zone can be made simple with the understanding of smart money concepts.
In this example, the price pushed away from the bearish order block that created the initial dive.
Once we got bearish confirmation, we refined our entry and placed our order.
Now we sit on our hands and manage risk ready for FOMC
Good luck!
EURAUD - BULLISH WEEKAfter our success Bearish moment when EURAUD hits our Max TP,
We expect EA is changing it's trend for a week or two.
Long trade are suggested at Wave IV.
Quick EURAUD long rRsk a little over 1% A bit later to the party It could be high resistance in nature but there is a good change those green rectangles could be breached.
Incoming bulls | EURAUDFX:EURAUD
As it can be inferred from the chart, we had a shift in market structure. At this point, we got a structural break from the previous bearish structure.
The initiation of this move was from the OB marked out with a pink rectangle. We expect price to grab liquidity, come to that zone then continue bullish till we hit the previous high.
EURAUD: Scalp Long Position in FocusLooking the EURAUD daily chart and of course using top down analysis approach. I see a scalp long with 1:2 ratio target.
The price action has clearly established a reasonable support level with vertical and horizontal confluence.
What do you guys see ??? Please leave feedback in the comment below:
EuraudTraders are net long on this pair, traders are net short 58,6% on the AUD dollar, only 8% of traders have been long on AUD according to the cot reports, Expect EURAUD to complete the month in an uptrend
FOREX ANALYSIS : EURAUDFX:EURAUD
The blue and red lines mean: I think prices can return in these areas.
Green lines mean: I think the price can reach these areas. They are therefore known as transaction targets.
If you want to use this deal, please risk only one percent of your account balance.
Buy setup with EURAUDH4 time frame.
Structure: Uptrend.
After a deep downward move, the price formed a consolidation area.
The price after a strong increase broke through the consolidation zone at 1.60900, there was a retest and there was a signal to increase again from this zone.
Here, waiting for the price to form a continuation candlestick pattern, you can buy with the profit target at the price of zone 1.62500 and 1.64500.
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Wish you all have a good trading day!
EURAUD Ready To Go Higher?EURO - Weak Bullish
1️⃣ Major economic data in Eurozone printed higher than previously.
2️⃣ Eurozone industrial production rebound in July.
AUD - Strong Bearish
1️⃣ Risk-off sentiment in the market led to sales in high-beta currencies such as the AUD.
2️⃣ The RBA voiced concern over economic growth in the 3rd quarter as a result of the COVID-19 outbreak in Australia.
3️⃣ Governor Lowe says that that the RBA will not raise its interest rates at least until 2024.
4️⃣ The AUD was also weighed down by weak economic data from China on Wednesday.
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Technical
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We are looking to buy EURAUD if the market sentiment is unchanged.
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Risk to this trade
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Any change in sentiment could turn the pair's direction.
Don't forget to like, comment, and subscribe for more ideas.
Wed 15th Sep 2021 EUR/AUD Daily Chart New Buy TradeNice buy setup on the Daily EUR/AUD Forex chart this morning. You can read my notes on the chart screenshot for my thoughts on this one. Cheers.
EUR/AUDSell: EUR / AUD
SL @ 1.59690
TP @ 1.61240
Max Risk: 2%
(When calculating, do not forget about different spreads from Brokers)
Leave comments or likes to keep our content free and alive.
Have a good week to everyone
EURAUD LongsEuraud preparing for take off i will take a position when this higher low is confirmed continuation long
EUR/AUD Running In 80 Pips From First Analysis And New UpdateThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
EURAUD Long AnalysisPrice has push up as expected on the 15 min timeframe now creating a flag for continuation upward. wait for break of flag for entry.
EURAUD - Expecting a Bullish ImpulseAll these predictions are made by Semi-Automated Algorithms following short/mid-term trends. The Algorithmic System will calculate maximum correction relative to previous impulses.
EURAUD LONGPrice has retested the SP for the 3rd time, let's see if it'll go up
SL 70 PIPS
TP 245 PIPS
RRR 1:3.5
