EURAUD has hit up trend line on daily chart with RSI lining up nicely.
Look for the following reversal confirmations:
1. Down trend line break north
2. Higher highs with break above 1.6223
Buy entry @ back side of down trend line.
Remember risk management, risk at most 5% of account split across multiple entry points.
TP @ 1.6400
Good luck trading!
Let me know how I can help.
Charles V
cvfxmanagement.com
cvfxwealth
Trading made Simple
Look for the following reversal confirmations:
1. Down trend line break north
2. Higher highs with break above 1.6223
Buy entry @ back side of down trend line.
Remember risk management, risk at most 5% of account split across multiple entry points.
TP @ 1.6400
Good luck trading!
Let me know how I can help.
Charles V
cvfxmanagement.com
cvfxwealth
Trading made Simple
Nota
Both confirmations have been met. Look to the north side.I will be adding additional entry at 1.6200 area.
Target 1.64 to 1.6450 (estimated 4-5 days)
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Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.