EURAUD D1 Projection !Price nicely follows the downside trend and waits until the price retests the supply zone and trendline. Initiate short positions after finding a confirmed bearish price action structure.
Euruadtrend
EURUAD Long Term Trading IdeaHello Traders
In This Chart EURUAD HOURLY Forex Forecast By FOREX PLANET
today EURUAD analysis 👆
🟢This Chart includes_ (EURAUD market update)
🟢What is The Next Opportunity on EURUAD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Euraud Recovery phaseHere we analyse Euraud.
1st window is showing D1 TF. simply we can see a bull run untill 1.5326
H4 TF is displayed in 2nd window. There we can see a breakout of Previous Trendline. And now testing previous support and the main point of 2 combined trendlines. So we are expecting a bull run from 1.49000
In the 3rd window we are watching that market is ranging since 17/05/2022. We can expect a short term selling after testing of 1.51200. We can also short from 1.51200 for a short term target. Entry setup is defined in last window.
Here in the last window we can see how we wil put our trade and where our SL should be....
Risk Disclosure
TRADING IS NOT SUITABLE FOR EVERYONE. IF YOU DON’T KNOW WTF YOU’RE DOING, TRADING FOREX CAN CAUSE YOU TO COMPLETELY LOSE ALL OF YOUR MONEY.
FOREIGN CURRENCY TRADING IS HIGHLY SPECULATIVE AND RISKY.
IT IS ONLY SUITABLE FOR THOSE PEOPLE WHO UNDERSTAND, AND ARE WILLING TO TAKE ON, THE FINANCIAL AND OTHER RISKS INVOLVED, AND WHO HAVE THE RESOURCES TO WITHSTAND LOSSES THAT MAY BE SIGNIFICANTLY GREATER THAT ANY DEPOSITS YOU HAVE MADE.
Financial instruments that are traded on leverage carry a high level of risk and you could lose more than your deposits.
We will not be liable of any losses. Take trade if you can bear the losses.
