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Euraudbuy

EURAUD Bearish trend for this week 30/6/2019EurAud this week will continue dropping to 1.56950 to break it out but the first thing will happen while the market is open is to retest price @1.6250 trying to break it, then going down again The average dimension is (1.609375 to 1.625000) (yellow line in the chart ) Daily dimension: (1.617375 to 1.619375) (Green line ) Our Target is : SELL order @ 1.625000 TP1 @ 1.615000 Tp2 @ 1.62500 TP3@ 1.61175 SL@ 1.62770 Trade at your own risk! Enjoyed this content? Hit follow, like or leave a comment... Thanks a lot for reading.
Short
by Mohammad1Taha
EURAUD - FOREX - 01. JULY. 2019Welcome to DACapitalTrading, We provide any kind of Technical and Fundamental Analysis for Forex and Crypto-Currency Markets every day! - 1 HOUR Dropping market with incredible price action. 4 HOUR Bearish gap formed and market dropped over 70% of previous wave structure DAILY Bullish waving market with bearish pullback right now, great long entries! - FOREX SETUP BUY EURAUD ENTRY @ 1.61540 SL @ 1.60690 (85 Pips) TP @ 1.62960 (140 Pips) RR: 1.70 Use normal Risk (1% per Position) (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Long
by DACapitalTrading
16
EURAUD reversed from resistance, potential drop! EURAUD reversed off its resistance at 1.62552 where it could potentially drop further to 1.61788. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Short
by Pepperstone
EURAUD - A TUG OF WAR BETWEEN BULLS & BEARS CONTINUEThe EURAUD weekly chart above reveals that the rally from February 2017 low to as high as 1.61957 in March 2018 took the shape of a textbook Elliot Wave leading diagonal structure. The pattern is labeled (i)-(ii)-(iii)-(iv)-(v); wave (iv) overlap wave (i) high which make the whole advance an Elliot wave motive diagonal rather than an impulse. The Big Picture Still Remains in Favour of the Bulls According to the theory, the motive waves “leading diagonal in this case” point in the direction of the larger sequence, and a three-wave retracement in the opposite direction follows every motive pattern. Here, EURAUD correction seems to be unfolding as a "top flat ascending triangle" pattern labeled (a)-(b)-(c)-(d)-(e). Price has drawn wave (a)-(d) of the triangle and remain wave (e). So, in the short term, the price has the potential to move lower to complete the wave (e) of B. However, once the corrective phase of the cycle is over, the larger trend resumes in the direction of the motive wave. This means that once the corresponding triangle correction in wave B is over, another rally in wave C can be expected. The resistance area around 61.8% Fibonacci level of the monthly impulse structure “Not show on the chart” is plausible for the bulls. Bottom Line If this count is correct, traders should expect a short term decline and long term advance in EURAUD as planned on the chart. Did you like this analysis? Let me know your thoughts in the comment.
by Veejahbee
6
EURAUD ELLIOT WAVE ANALYSIS - WHAT NEXT?With a bullish reversal already in place in EURAUD, it is now possible to identify the bottom at 1.56836 as the invalidation level for the bullish outlook. This means that as long as EURAUD is trading above 1.56856, the big picture bullish outlook remains valid. Trade Setup Considering that EURAUD seems to be completed a five-wave impulse in wave 1, a three-wave pullback in wave 2 is expected to offer a good risk/reward buying opportunity. Wave 2 has the potential to retrace more than 50% of wave 1 but must not trade below the invalidation level for the setup to remain valid. . Once the pullback is completed, a five-wave impulse is expected in wave 3, which has the potential to move beyond the high of wave 1 and reach one of the Fibonacci targets for wave 3 "1.618 FE," as projected on the chart. Thanks for reading! Veejahbee.
Long
by Veejahbee
EURAUD - POTENTIAL 1000 PIPS BULLISH TRADE SETUP Hi Traders, The EURAUD daily chart shows that the sharp bullish run from 1.53505 low in December 2018 can be seen as a five-wave impulse in wave (A), labeled 1-2-3-4-5. . The Elliot wave theory states that a three-wave correction in the opposite direction follows every impulse. In EURAUD's case, wave (B) looks like a W-X-Y double zigzag/double three retracement. . The correction in wave (B) retraced 61.8 - 78.6% of the impulsive move in wave (A). If this count is correct, a 5-3 wave cycle is completed, and the trend can be expected to resume in the direction of the impulsive sequence. . Target above 1.65547 "wave (A) high" make sense in the mid-term, unless the price drops to a new low below 1.56911 "current wave (B) low." . Did you like this Elliot Wave Analysis? Kindly let me know in the comment. . Thanks for reading! Veejahbee.
Long
by Veejahbee
2
EURAUD longHello everyone. As you may know, this channel has been updated. At first, this channel was run by 1 person. From now on, there will be two persons who will run this trading group: t.me What can you expect from us? -A watchlist video. This will be uploaded every Monday in the morning. -Trade setups. We only share high probability trade setups. -At the end of the week we will upload a market recap video. This means that we will look back at the trade setups we have discussed in the trading group. In the future there will be some sort of mini lessons. We will keep you updated on what this is going to be. Furthermore, we have created this Equiy trading community group, because we want to create a community in which you can ask us questions, but also other people in the trading group. In that way we can grow as a community. We will share the link to this group in this message: t.me So, we hope you will enjoy this whole idea and that we will grow together! Team Equiy.
Long
by EQUIY