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EUR/AUD Potential Upward Movement

EUR/AUD Long-Term Trend: Bullish

Key Resistance Levels: 1.49864, 1.50289, 1.50552.

Key Support Levels: 1.49394, 1.49079, 1.48792.

1-Hr Frame:

The price on the higher time frame could not continue its move to the downside and faced a strong resistance which led to the formation of the double bottom pattern. A reversal occurred and a series of lower highs and lows has been posted where further movement to the upside could be seen.

EUR/AUD Medium-Term Trend: Bullish

10-Mins Time Frame:

On the lower time frame, the buyers succeeded to break the bearish trend line to the upside after a higher low formation. A lower correction has been posted to the support level to bring back liquidity before a new bullish impulsive wave toward the target profits.

Buy Market Order @ 1.49437             

Target Profit 1 @ 1.49864

Target Profit 2 @ 1.50289

Stop Loss @ 1.49012

Trade Safely 🙂

About Joe Damien

Joe is a proven Forex analyst and manual trader with 6 years of full-time trading experience. He is a swing trader that relies on price action, market structure and Fibonacci retracement. His two most successful pairs are CHF/JPY, CAD/JPY, but his expertise allows him to profit on any asset or pair.

8 comments

  1. Hey Joe,

    the Target Profit 2 order hit Stop-Loss but the Robot didn’t update telegram channel. Are you guys going to add that as a loss?

  2. Hi, thanks for the trades. How do you manage your trades as if we are risking 1% to try and make 2% if it hits tp2. But at tp1 do you close half? But then this only makes 0.5%..? Just wondered how to manage two targets. Thanks

  3. Hello guys ,I tried your Signal on my demo acc,these is amazing keep it up ,I am a beginner and I can’t wait to sign up for ur VIP signals……..Thank u guys,these is unique

  4. Hi there, I recieved your daily trade at 1:30am MT and by time I was able to place the trade it was about 1:45 and the price is already at 1.49520, am I to late for the trade. It seems to me I get the daily trades late or too late

    • Hello Bruce,

      Most of our signals are provided between 8 am and 11 am GMT time. So, in this way you will have an idea when are going to post and be ready for it.

      Have a happy trading day.

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