EURAUD buys

EURAUD doesn't need to reach the extended target for this setup to make sense.

My first objective is the weak high at 1.62733.

That's where I can evaluate the reaction and manage risk.

If price continues displacing higher, I'll look toward the 1.64450 IRL.

Entry: 1.61923

SL: 1.61663

One thing I like about this EURAUD setup is the asymmetric risk.

I'm risking roughly 26 pips from the planned entry to the stop.

The first target is around 81 pips away.

That gives approximately 3:1 R:R before even considering the extended target.

The key is execution—not forcing the trade if price invalidates the setup.

EURAUD trade map:

Discount → Buy 1.61923

Invalidation → 1.61663

First liquidity → 1.62733

Higher-timeframe draw → 1.64450 IRL

The idea is to participate in the bullish retracement while price works its way toward internal range liquidity.

I'll let the market decide how far the move goes.

My EURAUD bullish thesis is based on the idea that the recent downside move has created the liquidity needed for price to retrace higher. Now I'm watching the demand area around 1.61923 for continuation.

The first objective is the weak high at 1.62733.

If momentum remains strong, I'll extend toward the 1D IRL around 1.64450.

EURAUD retracement has officially kicked in.

Price has shifted bullish on the lower timeframe after reacting from the discount area.

I'm looking to join the buys and ride the retracement into premium.

Entry: 1.61923

SL: 1.61663

TP: 1.62733

Extended TP: 1.64450

EURAUD retracement has officially kicked in.

Price has shifted bullish on the lower timeframe after reacting from the discount area.

I'm looking to join the buys and ride the retracement into premium.

Entry: 1.61923

SL: 1.61663

TP: 1.62733

Extended TP: 1.64450

Your Idea is good, I also want same possible move, also watching the risk appetite appetite environment to get off immediately it changes to risk on but still holding my swing trade

From your daily chart you can see that price has made a double bottom and currently it's showing single daily candles rejection, I only anticipate price to get to the daily IRL level you marked, because AUA reversal is setting in soon, and EUR is fundamentally weak against AUD

Yes the double bottom have signaled the reversal

But the buy won't last for long anymore by next week I should close it

We don't know that yet

From next week gold, EU, Gu and silver will start regaining strength, but I will confirm only when I see AU start going up

Okay then

My EURaud buys has weaken so badly just trying to reverse

Will you close out?

Euraud spiked today due to AUD cash rate which was increased from 4.35 to 4.60 , once I notice Aud strength reversal I will immediately close my open position

Euraud advancing, reclaiming the high it dropped from did you enter the buys

EURAUD bullish setup.

Price has displaced higher and broken structure on the 30M.

I'm not interested in chasing the current move.

I'm waiting for the retracement into the demand area.

Entry: 1.62305

SL: 1.62116

TP: 1.63243

EURAUD just gave me the bullish structure I'm looking for.

Now the important part is the retracement.

If price comes back into 1.62305, I'll be looking to join the buys and target the recent high around 1.63243.

No chase. I want my entry.

The EURAUD setup is simple:

BOS → displacement → retracement → continuation.

I'm expecting price to pull back into the marked demand area before continuing higher.

BUY @ 1.62305

SL @ 1.62116

TP @ 1.63243