Euraudsell
price-rejection for EURAUD at minor ressistancewith an expected strong AUD we have seen a 618 rejection. the price is rejected at the minor resistance zone where we saw multiple rejections in history. the extension level of the -27 level aligns with the support level which is rejected multiple times. this is a longterm trade where we can expect some choppy levels. main bias for this pair is short
completed wave-pattern en WXYthe price has completed the Elliott wave 5th pattern and made the ABC (correction) move.
we see here also a double top pattern with the expected stop loss hunt.
the expectation for this week is a strong AUD which can push the EURAUD lower.
EURAUD - FOREX - 21. FEB. 2020Welcome to our weekly trade setup ( EURAUD )!
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1 HOUR
Very bullish price action towards previous resistance
4 HOUR
Waving formation at its top, we need a drop now.
DAILY
Short holders taken out before droping further down.
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FOREX SETUP
SELL EURAUD
ENTRY LEVEL @ 1.63460
SL @ 1.64560
TP @ 1.61260
RR: 2.0
Use 0.5% risk!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
EURAUD possible 600 pip drop (ECB Depending)I have a sell order for a rejected high during the london/euro session.
Looking for a bearish engulfing to close below the purple line TODAY, it must happen today.
If we get that my targets are all the prior swing lows of 2019.
If we get this, you can make some serious bread this spring.
If we reach the red line, expect some buy orders to flood in
EURAUD Sell Limit
Entry -1.6284
SL - 1.6315
TP - 1.5700 (potential)
EURAUD SHORTEA short looks good here. We have seen 1 rejection from the purple box area marked showing us it is respecting the 38.2 fib level as well as the descending trend line and 50 EMA. I'm looking to take this short down to the 61.8 fib level if we see further rejection from the purple box region.
350 PIP GAIN 6/1 RR
EURAUD - Short and long (LOL)Pontential head and shoulder daily,
Wait for that right shoulder and retest of that trendline.
THE TREND IS BEARISH.
EURAUD: OPPORTUNITY TO SHORT! DAILY/INTRA-DAY/SWINGEarlier post with channel analysis provided confluence of Resistance to this pair.
This current post has a critical levels approach with short bias and target levels to the pair.
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Thank you and happy trading.
EURAUD H4 we have head & shoulder pattern, negative numbers, coronavirus issue
I am looking for breaking neck line and waiting for selling opportunity
EURAUD Ascending ScallopAscending scallop present, this is a bearish reversal pattern. This is a monthly timeframe. Alligator can be seen to be 'falling asleep' in the scallop indicative of a reversal.
EURAUD Market Outlook | Daily Forex Market BreakdownEURAUD
Watching very closely. Expecting some bullish movement soon. Potential longs. That being said we have to be cautious because we could roll over to the downside.
SELL EURAUD ON DAILY CHARTEuro Australian Dollar (EUR/AUD) Exchange Rate Falls as ECB Leaves Rates on Hold
The Euro Australian Dollar (EUR/AUD) exchange rate slumped following the European Central Bank (ECB) meeting. The pairing is currently trading at around AU$1.6130.
The ECB left interest rates on hold during its January meeting. It is also expected to leave monetary policy on hold in the meantime.
EURAUD Market Outlook | Daily Forex Market BreakdownEURAUD
Looking like we are rejecting off resistance after going sideways, I feel EA could roll over to the downside soon. That being said keep in might we have just seen a nice push to the upside so we could keep climbing. Making consecutive higher highs/lows.
EUR/AUD : Buy on Retest For Next Big impulsein Higher Time structure looking very bullish EA , But You Need to Retest For Buy upside.
Good Luck
EUR/GBP Sell on Mid-TermHi, it was a profitable month for us and our followers, so to finish it strong, we continue our journey.
Entry: 0.8475
Stop: 0.856
Target: 0.83
Have a nice week! Follow for more!
EURAUD approaching support, potential for a bounce!
EURAUD is expected to drop to 1st support at 1.60906 where it could potentially react off and up to 1st resistance at 1.61786.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURAUD Intraday Trading Plan >M15Trading CFDs on margin carries high risk.
Please ensure you fully understand the risks.
