This idea is similar to my GBPAUD idea which is still valid. Awaiting the break and close is our trigger.
EURAUD hit a resistance zone at 1.6320. We have been in an uptrend, but one factor which goes against this idea would be the swings, or higher lows, are not very prominent. However, there are 2 swings in the trend which is good for our trading.
We can see the bounce to make another higher low has been sold. It appears we will be making our FIRST lower high with the break of the 1.6210 zone.
This is the zone I am watching for a break.
1.6120 is a previous flip zone and 1.6095 is a demand zone both of which we can target.
EURAUD hit a resistance zone at 1.6320. We have been in an uptrend, but one factor which goes against this idea would be the swings, or higher lows, are not very prominent. However, there are 2 swings in the trend which is good for our trading.
We can see the bounce to make another higher low has been sold. It appears we will be making our FIRST lower high with the break of the 1.6210 zone.
This is the zone I am watching for a break.
1.6120 is a previous flip zone and 1.6095 is a demand zone both of which we can target.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.