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Euraudanalysis

EURAUDCurrently, it is expected that by registering a ceiling above the B range of the pattern in the range of 1.53134, in case of registering the floor and getting confirmation of the failure in the lower fractal, we expect a rise in the range of 1.58298 and in case of crossing to the range of 1.61745 It can grow, on the other hand, the resistance dynamic line overlaps with the range of 1.58298. Support ranges: 1-1.53886 2-1.51635 3-1.50242 4-1.47545 And the A-C range of each harmonic pattern is always in the role of support. The most important point that was mentioned above is to get confirmation in a lower time frame
Long
by maryammh
EurAud approaching strong support, Great R:R trade in sightAfter the large double bottom that took 6 months to complete back in 2022 and the break of the neckline in October, EurAud reached a high at 1.6 and started to correct and consolidate. Now the pair is trading near support again and traders could look for buying opportunities in this zone. Considering the importance of the break I don't think the H&S from October will play and I favor range trading for this pair. As I said, the bottom of this range is in the 1.53 zone and swing traders could target 1.6 for their trades. 1.5650-1.5700 is also resistance. This outlook is negated by a drop under the neckline that should offer support at this point.
Long
by Mihai_Iacob
4
EURAUD SELLI’m Back Again on EURAUD Daily TF. So we are Currently Looking on a Major Sell moves around 800 plus pips, and that’s a lot of money to be made, so basically this Analysis is currently saying that on a Monthly / weekly TF we currently broke a trend line and same time we got a nice Retest on the Trend line we are Currently in a resistance Area or Zone. Moving over to the Daily TF, we have a Nice Head and Shoulder Market Structure, and Same time Creating A lower Highs and Lower Lows we can perfectly see that on the Chart. So before taking this trade we will patiently waiting for price to test the Highs LVL 1.55617, that’s when we will be looking to take our Sells, and also we are having Both Tp1 and Tp2. Please guys drop a Comment and let me know what you guys think, let’s share ideas on the Comment section thanks.
Short
by GoCrazyfx0
4