EURAUD Buy Idea

185
H4 - Bullish convergence, we may now look for pullbacks to happen and then we may expect the price to create one more push higher.

We may expect the price to move higher until it reaches the critical zone.

H1 - We have two waves up with bearish divergence.

We may now look for pullbacks to happen from the current zone towards the critical zone and then we may start looking for buys with more bullish evidences.

Alternatively if the price creates a special cycle then we are going to see short term pullbacks and then continuation for one more leg. We may then look for deeper pullback in two waves, and then we may look to join the bulls with bullish evidences.

Declinazione di responsabilità

Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.