EURAUD is trading in a strong bearish trend.
With a sequence of lower highs and lower lows the price keeps falling within a parallel channel.
For quite a while the price is stuck though.
on 1.56 level the price managed to set two equal lows.
To catch the next bearish wave, wait for a daily violation below the yellow zone.
It will trigger a bearish continuation.
Remember that while the price is trading above the underlined zone, it remain in accumulation stage and shorting that is very risky
Note
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✅ Facebook: facebook.com/VasilyTrading/
⭐ Get 100% Deposit Bonus: bit.ly/bestforexgoldbroker
❗️YouTube Channel: youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ Get 100% Deposit Bonus: bit.ly/bestforexgoldbroker
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.