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.
Pernyataan Penyangkalan
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.