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Course confidently overcame and strengthened above the moving alligator and above 2300 figures, now Intraday consolidation false breakdown in 2300 the figure held a few hours before it clear the weakness of bears - because they failed to strengthen below 2300, a buy signal should be a breakdown of the top fractal 2330 that will open in 2380 and 2400.
in the h1 time frame the price is having a strong resistance at 1.2330 it is not brake but lower side the price is supported at the pivot point 1.2292. we can trade with this in the breakout direction. this may be break the resistance side and the target is 1.2370
http://charts.mql5.com/1/233/euraud-...orex-group.png
we can see in the 4h chart
the pair will go up to fibo 23.6
I see the pair will go to up way to 1.2360
stochastic refers that the pair will go up
so our target buy from 1.2315 and our target will 50pips
Good luck
:good::respect::doubt:
Eur/aud
bhai mere Main ye thread EURAUD ke debationg ke liye bana raha hain. all friends or all members ko ya post karne ke liye welcome karta hoon.
The pair continues to be very much at the bottom and the price continues to be below the 1.2325 resistance, but also see that there is a divergence in the histogram, so I think you need to carefully monitor the level of 1.2325 .. if his trial that could start a new wave of purchases and will drive the price to 1.2500.:accute:
elliott zigag or falt correction 1.2391 uptrend is still intact in triangle configuration it should continue to rally to 1.2324 or 1.2354 if support a around 1.2289 hold after which a pullback to 1.2289 zone is possible
support and resistance
res2 1.2397
res1 1.2354
pivot 1.2289
sup1 1.2246
sup2 1.2182
http://charts.mql5.com/1/235/euraud-...orex-group.png
hi
how are you
we can see in the 1d chart
the pair will go up to fibo 23.6
I see the pair will go to up way to 1.2459
stochastic refers that the pair will go up
so our target buy from 1.2208 and our target will 150pips
Good luck
Eur/aud
bhai mere Main ye thread EURAUD ke debationg ke liye bana raha hain. all friends or all members ko ya post karne ke liye welcome karta hoon.
EUR/AUD is one of my favorite currency pairs, i started my Forex trading in 2011 by trading this pair for this reason i feel something for this pair in last week i lost 2% of my entire capital by trading this pair i thought that all AUD crosses will go up and all eur will go down but in reality it was not like that.
the pair in open market is already started the minor up trend channel in 4 h chart and it is expected the price will increase to touch supply area 1.2370 till 1.2391