Interesting trade I am looking at for EURAUD.
We made a huge dump from the demand turned supply zone, and we have started to recover from one of the previous demand zones.
This indicates to me personally that we will see a retest and rejection at this level and then a further dump back down to the demand zone (marked).
As always be cautious trading, especially with the sheer amount of high impact news that's coming out this week!
I WILL NOT be entering this trade without some clear bearish rejection of the supply zone and a shift downwards.
We made a huge dump from the demand turned supply zone, and we have started to recover from one of the previous demand zones.
This indicates to me personally that we will see a retest and rejection at this level and then a further dump back down to the demand zone (marked).
As always be cautious trading, especially with the sheer amount of high impact news that's coming out this week!
I WILL NOT be entering this trade without some clear bearish rejection of the supply zone and a shift downwards.
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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.