Euraudbuy
EURAUD - WEEKLY SWING - 24. SEPTEMBER 2018WELCOME TO DACAPITAL TRADING!!
WEEKLY FOREX MASTER SIGNAL
4 HOUR
Takeout of 1.60040 Key level with instant reaction to that
DAILY
Market back bullish after a small pullback
WEEKLY
Overall very bullish with strong pressure
LEVELS
BUY EURAUD @ 1.61650
SL @ 1.60240 (140 Pips)
TP1 @ 1.63160 (150 Pips)
TP2 @ 1.63750 (210 Pips)
SL TO BREAK EVEN @ HIT OF 88.60% FIB LEVEL
„Weekly Swing trade with good Entry and RR.“
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EURNZD - MONTHLY TREND - 18. SEPTEMBER 2018WELCOME TO DACAPITAL TRADING!!
MONTHLY FOREX MASTER SIGNAL
4 HOUR
Testing last H4 Lows expecting bullish pressure now following mid term trend
DAILY
Bearish Daily pressure occurred and took out last h1 long holders
WEEKLY
Overall very bullish, following this movement!
LEVELS
BUY EURAUD @ 1.61650
SL @ 1.59530 (210 Pips)
TP @ 1.64010 (230 Pips)
SL TO BREAK EVEN @ Hit of 100% Fib Level
„Monthly Trend follow with small RR and Higher Winrate.“
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EURAUD - WEEKLY SWING - 16. JULY 2018WELCOME TO DACAPITAL TRADING!!
EURAUD just started moving as expected, quick Timeframe breakdown for free and everybody.
4 HOUR
Strong Waves formed in all timeframes
DAILY
Sideways movement but Bullish overall
WEEKLY
Pressure cooled down, expecting another wave now
LEVELS
BUY EURAUD @ 1.57500
SL @ 1.56330 (120 Pips)
TP1 @ 1.58760 (120 Pips)
TP2 @ 1.59240 (170 Pips)
MOVE SL TO BE @ HIT OF 88.6 FIB!
Weekly Wave Swing, Close 3/4 Position at Hit of TP1!
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DACAPITAL TRADING
EUR/AUD chart: 3 crucial factors to pay attention toCommentary provided today is aimed at understanding the 3 important things to keep in mind when trading and/or investing in the EURAUD. The Daily timeframe chart below captures price action from ~ August 21, 2015 till present date.
Chart patterns, (which includes trend lines) are utilized in this analysis to point out 3 key areas to pay attention to that are numbered on the EURAUD chart. These are discussed below:
(1) The bearish trendline in the EURUAUD that is established by price rejecting approximately 1.65885 and 1.61835 on August 25, 2018 and March 28, 2018 respectively. A close above ~1.62486 would imply resumption of the uptrend in the EURAUD.
(2) A rising diagonal pattern (wedge) as drawn here captures price between June 5, 2017 and March 22, 2018. This indicates exhaustion and a break outside of the wedge eventually resulted price moving back to support (i.e. number 3) which is discussed next.
(3) Price between 1.53175 and 1.51352 should be watched closely as it indicates support for the EURAUD. Retracement in price action after exiting the wedge found support in this area on January 10, 2018 with another successful test of support on June 6, 2018.
Use of at least 2 pivots to connect or draw a valid trendline therefore implies that the top of the support area (1.53175) is indeed valid and any EURAUD investing and/or trading must be aware of price remaining range bound to uptrend for now.
EURAUD - WEEKLY SWING - 09. JULY 2018WELCOME TO DACAPITAL TRADING!!
EURAUD just started moving as expected, quick Timeframe breakdown for free and everybody.
4 HOUR
Pullback to previous H4 Lows around 1.57500.
DAILY
Small Daily pullback to Previous Lows overall before heading up further
WEEKLY
Very bullish overall, we closed the last 5 weeks very strong.
LEVELS
BUY EURAUD @ 1.57500
SL @ 1.56440 (110 Pips)
TP1 @ 1.58820 (130 Pips)
TP2 @ 1.59190 (160 Pips)
MOVE SL TO BE @ HIT OF 88.6 FIB!
Weekly Wave Swing, Close 3/4 Position at Hit of TP1!
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DACAPITAL TRADING
EURAUD testing major support, prepare for a potential bounce!EURAUD is testing major support at 1.5772 (long term ascending support line, Fibonacci retracement, horizontal overlap support, Fibonacci extension) and a strong bounce could occur at this level pushing price all the way up to major resistance at 1.6137 (Fibonacci extension, Fibonacci retracement, horizontal swing high resistance). We identified second support at 1.5632 which is right below major 50% retracement and swing low support).
Stochastic (55,5,3) is seeing major support above 2.6% where a corresponding bounce could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
EURAUD Buying Opportunity! People:
FX:EURAUD Is inside a triangle consolidation, therefore we can buy at 1.595 area with a 40 pips SL at 1.591 and having profits up to 1.61 and 1.618 area.
Trade confirmations:
-That area will hit the 4H first Bollinger bands. (2, 50).
-That area is a strong previous resistance.
-We will hit a strong daily up trend.
Remember always your risk management:
0.01 Lot size with 40 pips risk will give you a 4 USD loss.
0.1 Lot size with 40 pips risk will give you a 40 USD loss.
1 Lot Size with 40 pips risk will give you a 400 USD loss.
Trade with care!
>> EURAUD << April 30th >> Long „Swing“ Setup <<Hey Guys and Welcome,
EURAUD broke back above 60% price action area of previous week, we are following „Mid“-term Trend with a good RR.
After taking out buyers now, we are ready for another push to the upside we made another HL with a respected trend line.
Long: 1.60238
Sl: 1.59471 (75 Pips)
TP: 1.61169 (90 Pips)
Feel free to Comment and Discuss my Trades.
Have a Great Week :)
Alan
EURAUD - Ichimoku support + trendlineEURAUD = potentially moving up..
1. According to ICHIMOKU trading system, the price should bounce from the KUMO which it did.
2. Bounced from trend line as well
3. RSI at 50 - considered Bullish
4.Take profit according to your RR levels
5. might go down a little to touch trend line resistance again before moving up :)
PS: Daily Chart, probably take couple days
Hit "LIKE" to support!
Vinny
EUR/AUD Buyzone Hi Seildev here
Let's keep this trade simple. We have identified the following reasons for entry:
- Daily up trend
- 4hr TF rejection at 200 EMA
- Area of interest around 61.8% Fib
- Bullish RSI Divergence
- Trend continuation
- Simple A,B,C,D leg completion
As always, trade with a plan and safe trading.
Seildev
>> EURAUD << April 9th >> Long „Swing“ Setup <<Hey Guys and Welcome,
EURAUD retraced over 60% of previous week price actions, we are following „Mid“-term Trend with a good RR.
Price broke mid term downtrend and moving around 60% psychological level of previous week price action expecting
more movement to the upside.
Long: 1.59734
Sl: 1.58994 (75 Pips)
Tp: 1.60624 (90 Pips)
Feel free to Comment and Discuss my Trades.
Have a Great Week :)
Alan
EURAUD Testing Strong Ascending Support, Prepare For A BounceEURAUD is bouncing nicely off major support presenting us with a good buying opportunity.
Buy above 1.6058. Stop loss at 1.6020. Take profit at 1.6185.
Reason for the trading strategy (technically):
Price is testing major support at 1.6058 (Fibonacci retracement, Fibonacci extension, horizontal overlap support, ascending support) and a strong bounce could occur at this level pushing prices all the way up to major resistance at 1.6185 (Fibonacci extension, horizontal swing high resistance).
Stochastic (21,5,3) is seeing a nice bounce above major support at 6.8% with good further upside potential.