EURAUD-LongEURAUD price is standing now at the higher low level of an uptrend line in 4H timeframe chart.
Buy at 1.6070 until 1.6050
TP1 1.6120 TP2 1.6190 TP3 1.6260
SL 1.5995
Euraudforecast
EURAUD: What is the long term trend??This is essentially a Part 2 to the previous EURAUD video I released a couple of days ago.
What is the overall macro trend? How does it relate to the lower time frames?
I do my best to show and explain HTF correlations.
EURAUD Short Trade AnalysisFX:EURAUD has reached a supply zone. I am of the view of a short bias. Good luck traders.
EURAUD Analysis and trade ideaIn this video, I will perform top down analysis, and walk you through the process.
Let me know how this works for you!
I want to help you become an independent trader!
EURAUD - SHORT - WYCKOFF DISTRIBUTION AND DAILY SUPPLY ZONEEUR/AUD looks bearish on the Daily timeframe, when scaling down on the 4hr timeframe you can see the potential for a Wyckoff Distribution occurring. It looks as though we are entering Phase C of the Distribution and the potential for a UTAD to form.
Further confluence is found in the long term downward channel, a false breakout would tie into the Wyckoff analysis. At the top end of the channel resistance is a strong Daily supply zone (in yellow). This occurs near the 61.8% Fibo so provides further confluence.
I would look for price action confirmation either within the Supply zone or near the top of the channel, both would be taken as the UTAD formation and I would then initiate a short trade.
EURAUD ANALYSISAfter the bullish push from this pair since yesterday, we finally have the break of this current hourly level.
Now, we see price correcting above it. We expect a bullish continuation once this correction is over.
Targets would be the previous level at 1.60300. We'll be waiting for a clear continuation confirmation on the lower time frames to join the trend to target.
EURAUD Buy setupLooking forward to go long on EURAUD because the previous candle in the daily time frame closed as a bullish pin bar. Overall EURAUD is on a bullish trend. I’ll recommend that you should only take this trade when price breaks and closes above the bearish anchor.
EUR/AUD:UPTREND|TECHNICAL+FIBO ANALISYS|LONG SETUP🔔Welcome back Traders, Investors, and Community!
Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button
Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this.
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
Have a Good Day Trading !
Trading Idea Regarding EURAUDEURAUD is in Nice Upward Channel, Which Lead Bullish Bias For Upcoming Days
EurAud- Testing stong resistance, looking to sellSince the March double bottom, EurAud has had a good run, gaining around 900 pips.
At this point, the pair is facing strong resistance and a correction could follow from this point.
I will look for signs of weakness to initiate short trades
EURAUD-Long#EURAUD
The market is moving in horizontal channel and time to look for buy move up to 400+ PIPS with 40 PIPS sl. But it will be a very long trade and patience-testing so use a small lot size if want to hold long.
EURAUD setups for classical break of structureEURAUD was on a classical downtrend but the downtrend structure was broken when it broke the market structure, breaking above the Lower High. Currently price is consolidating above local support. The next upward impulse move will confirm about the uptrend. 1.6150 is a global resistance where we keep our target.
Traders, I will be glad if you like this idea or have your own opinion about it, write in the comments.
EURAUD-Long#EURAUD market is moving in a bullish channel.
And has formed a double bottom so we are expecting a good bullish move.
Analysis in H4 timeframe.
EURAUD Idea / Bit Choppy / LongWe can see price broke out of a wedge pattern and made a higher high, currently waiting for price to come back into range for the retest where we can take it long to resistance
EURAUD - Bearish Opportunities !Welcome to our Trade Setups - May 30th ( EURAUD ) !
SELL EURAUD
ENTRY LEVEL @ 1.58073
SL @ 1.58365
TP @ 1.57489
Max Risk: 1% - 3%!
Risk/Reward Ratio: 2
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
EURAUD: Continue The TrendEURAUD still continue the trend and perfectly retested possible continue the trend
EURAUD Top-Down analysis , UPDATE!!Hi Guys, let’s make a full top-down analysis of this pair, we will take the trade if all the condition of the strategies are satisfied. Press like button to support this video and let me know in the comment section if you have any questions.
