EURAUD buys

A
@asuquokelvin - 1 month ago
Quoted - asuquokelvin

Euraud buys since 10th of this month, will be closing by next month 10th to 15th or when next the market conditions changes

Euraud buys since 10th of this month, will be closing by next month 10th to 15th or when next the market conditions changes maybe when risk on environment starts showing up

A
@asuquokelvin - 1 month ago
Quoted - nsg_usd

I'm seeing a double bottom chart pattern with price heading for a break of neckline.

Price took out the neckline already, still holding, Aud is reversing to fill up imbalance, and that is how EURaud is also reversing too, once AUDUSD starts selling it will resume it's buys again, my eyes on vix

A
@asuquokelvin - 1 month ago
Quoted - godspowerdan

That's good ๐Ÿ˜Š

Swinging is about positioning, and risk management, if price reacts from a key structure level, and fundamentals support it and market conditions changes the first closes bullish or bearish as the case maybe go to the daily look for a good pullback to enter

N
@nsg_usd - 1 month ago
Quoted - asuquokelvin

Euraud buys since 10th of this month in good profits now, still swinging, the result of patience and discipline

Nice job. After the invalidation of the Bearish channel. It's the bullish move that will kick in. That's why I don't overlook channels.

N
@nsg_usd - 1 month ago
Quoted - asuquokelvin

Price took out the neckline already, still holding, Aud is reversing to fill up imbalance, and that is how EURaud is also reversing too, once AUDUSD starts selling it will resume it's buys again, my eyes on vix

EURAUD- The double bottom is more visible on the weekly chart with a break of neckline. I'll be expecting the retesting of the neckline for the buy continuations this week.

A
@asuquokelvin - 1 month ago
Quoted - nsg_usd

EURAUD- The double bottom is more visible on the weekly chart with a break of neckline. I'll be expecting the retesting of the neckline for the buy continuations this week.

Still holding my EURaud trade in profit, price may hardly go back to that double bottom level where my SL is except there is a geopolitical issue, so I will just hold and watch how price plays out for one more month

A
@asuquokelvin - 1 month ago
Quoted - asuquokelvin

Still holding my EURaud trade in profit, price may hardly go back to that double bottom level where my SL is except there is a geopolitical issue, so I will just hold and watch how price plays out for one more month

Still holding my EURaud trade in profit, price may hardly go back to that double bottom level where my SL is except there is a geopolitical issue, so I will just hold and watch how price plays out for one more month

G
@godspowerdan - 1 month ago
Quoted - asuquokelvin

Still holding my EURaud trade in profit, price may hardly go back to that double bottom level where my SL is except there is a geopolitical issue, so I will just hold and watch how price plays out for one more month

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

G
@godspowerdan - 1 month ago
Quoted - godspowerdan

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

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.

G
@godspowerdan - 1 month ago
Quoted - godspowerdan

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 is currently giving me the kind of retracement I want to trade. The higher timeframe selling range still has an IRL above current price, while the lower timeframe has started showing bullish structure. I'm not looking to chase price.

I'm interested in the pullback into my entry zone.

BUY: 1.61923

SL: 1.61663

TP1: 1.62733

Extended TP: 1.64450

G
@godspowerdan - 1 month ago
Quoted - godspowerdan

EURAUD is currently giving me the kind of retracement I want to trade. The higher timeframe selling range still has an IRL above current price, while the lower timeframe has started showing bullish structure. I'm not looking to chase price.

I'm interested in the pullback into my entry zone.

BUY: 1.61923

SL: 1.61663

TP1: 1.62733

Extended TP: 1.64450

The objective isn't simply to buy because price is moving up.

The objective is to trade the retracement into premium and internal range liquidity.

EURAUD has a clear higher-timeframe draw around the 1D IRL.

So my plan is simple:

Buy the discount โ†’ take the weak high โ†’ hold a portion for the higher-timeframe IRL.

G
@godspowerdan - 1 month ago
Quoted - godspowerdan

The objective isn't simply to buy because price is moving up.

The objective is to trade the retracement into premium and internal range liquidity.

EURAUD has a clear higher-timeframe draw around the 1D IRL.

So my plan is simple:

Buy the discount โ†’ take the weak high โ†’ hold a portion for the higher-timeframe IRL.

EURAUD BUY SETUP

Entry: 1.61923

Stop Loss: 1.61663

TP1: 1.62733

TP2: 1.64450

TP1 gives roughly 3R.

The extended target offers close to 10R if price continues all the way into the daily IRL.

I'll manage the position according to price action rather than forcing the extended target.

G
@godspowerdan - 1 month ago
Quoted - godspowerdan

EURAUD BUY SETUP

Entry: 1.61923

Stop Loss: 1.61663

TP1: 1.62733

TP2: 1.64450

TP1 gives roughly 3R.

The extended target offers close to 10R if price continues all the way into the daily IRL.

I'll manage the position according to price action rather than forcing the extended target.

What I'm watching on EURAUD:

Price has moved away from the lows and is now retracing higher.

The immediate liquidity above is the weak high around 1.62733.

Once that liquidity is taken, I'll be watching how price reacts.

If bullish order flow remains intact, the larger draw becomes the 1D IRL around 1.64450.

G
@godspowerdan - 1 month ago
Quoted - godspowerdan

What I'm watching on EURAUD:

Price has moved away from the lows and is now retracing higher.

The immediate liquidity above is the weak high around 1.62733.

Once that liquidity is taken, I'll be watching how price reacts.

If bullish order flow remains intact, the larger draw becomes the 1D IRL around 1.64450.

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

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