Euraudshort
💡Don't miss the great sell opportunity in EURAUDTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.5802).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURAUD is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 47.
Take Profits:
TP1= @ 1.5733
TP2= @ 1.5690
TP3= @ 1.5659
TP4= @ 1.5605
TP5= @ 1.5538
SL: Break Above R2
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💡Don't miss the great sell opportunity in EURAUDTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.5802).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURAUD is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 47.
Take Profits:
TP1= @ 1.5733
TP2= @ 1.5690
TP3= @ 1.5659
TP4= @ 1.5605
TP5= @ 1.5538
SL: Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
EURAUD Sell Trade Opportunity (My View)Another Great Pair To Look @Today::: EURAUD Showing Positives Signs of A Down Move... This Pair Looks Like It's Going To Test The Low It Created First Before Pushing Up If That Happens It'll Be A Nice Short Opportunity... Have A Tight SL To Limit Risk... Ideal Trade Indicated On Chart With SL $ TP Indicated.
⚡️EURAUD - Tight Stop Sell OffFrom a liquidity and money distribution perspective, this pair is ready to collapse.
I would like to see a drop from this point now.
GOOD LUCK! Me and the team are in!
EURAUD - Sweeping SellersThis pair looked great for sells, however, the price decided it wanted to come up to capture liquidity.
We have tackled the break and re-test stop losses and have now targetted the stop losses placed above the high.
Now that this liquidity has been wiped, we could see a strong aggressive sell-off.
I will be keeping this pair on my watchlist at the market open, If the price shows signs of bearish rejection, I will get involved in sells.
EURAUD Corrective PatternsSmall corrective pattern spotted inside large corrective pattern on a higher TF.
Safer entry on break of smaller pattern or potential scaling opportunity. I would always recommend bringing original stop loss to entry when scaling in. Trade safe and keep losses minimal!
EURAUD - Path to DestructionLiquidity has been swept at the low, lift-off is now ready.
I missed the initial entry point so I will wait for a significant pullback followed by rejection before I buy into the level marked with a tight stop loss.
EURAUD approaching 1st resistance, potential for a reversal!Price is approaching 1st resistance, which is in line with 61.8% Fibonacci retracement, 78.6% Fibonacci extension and descending trendline resistance, where we could see a reversal and further drop towards 1st support, in line with 78.6% Fibonacci retracement, 61.8% Fibonacci extension and horizontal swing low support. It is worth noting that price is also holding under both the descending trendline and Ichimoku cloud resistances, showing signs of bearish pressure in line with our analysis.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
EURAUD trade idea Daily Chart - Break previous level of resistance making a new high...
H4 chart - broke support level failing to reach target, potential corrective (ABC) underway.
30m Chart - break of support, retest of previous support level as resistance 38.2% Fib level (trynna catch the higher timeframe retracement) which on the 30m chart is a "temporary" downtrend.
EUEAUD - Pullback & ContinueThis pair needs a significant pullback to mitigate some of the losing positions, once the imbalance is filled, we can begin to search for the next strong sell opportunity.
The arrows marked are a good indication of what we are trying to achieve.
Utilise this analysis to buy and sell, be tactical.
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 - Collapse ComingWe could either see a complete collapse from this point or we could see one last sweep of the high before we die off.
EURAUD, daily tf, hanging man candle appearsPrice previously broken above the marked yellow resistance area and go up for 160 pips.
In my opinion we haven't see any retest to this resistance as a support and we might see one soon.
There is going to be RBA meeting soon and it might follow it neighborhood RBNZ stance which send NZD gone up.
Notice also the previous daily candle close looks like hanging man candle indicating sellers could be in control soon.
Sell EURAUD 1.5790
Stop loss 1.5840
Take profit 1.5665 (2.5R)
Use only 1-2% risk
Good luck
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
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Have a great week everyone!
ea, not going well, but confident
if the sucker goes and closes candle(4h) bellow 1.5766
same sl(1.58)
and giving the current position a higher tp on 1.57 just in case, and leave the actual position in looking for the 1.56 tp
thell me what u think
don't take this trade please, if u knew me u would probably take the counter trade
trade safe
Eur/Aud Bearish Gartley Okay, so this is my first time posting a pattern with the HPC Software from Scott Carney i have had the software for quite sometime now, but hardly use it or even have it turned on... i just feel like i can pull patterns better than the software can. either way here on the Euro Aussie we have a bearish Gartley on the daily. the pattern has completed, and we have a complex structure on the AMP RSI. so now what were waiting on is for the RSI to meet the midline and come back into the extreme area before we enter. i have a massive Bearish ABCD pattern that lines up perfectly on the 4H so i am pretty confident that PA is in a significant area or resistance. again on both patterns were looking for both patterns to throw the RSI in overbought conditions (hate that term) and then move down. we enter when the RSI exits the extreme area!
