With most AUD pairs seem to have reached key support levels and about to reverse up, and EUR going ranging, riding a possible immediate consolidation for this pair. Setting up sell stop order with 1st TP @1.56210 (38.2% fib), and possible to trail this until 2nd TP (0% fib) by next week, and hard SL @1.58 (few pips above its current high/past the 100% fib level).
Daily:
Weekly:
Confidence: B (risky because it's going against its recent bullish momentum-- I'm not really into countertrend trading, unless I think the pair is going into a ranging pattern hiatus after a strong trend)
Daily:
Weekly:
Confidence: B (risky because it's going against its recent bullish momentum-- I'm not really into countertrend trading, unless I think the pair is going into a ranging pattern hiatus after a strong trend)
Trade fermée manuellement
Thankfully my sell stop order didn't get hit:P But most likely will short this again by next week or the moment I see a confirmed reversal (safer).
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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.