Satış

EURAUD Trade Plan

Bearish Indications
1- Bearish engulfer
2- Rejection from resistance at 1.59415, which is also previous neckline support for Head & Shoulder
3- channel trendline resistance
4- 0.5 Fib level retracement for a bearish trend started from Aug, 21
4- bearish divergence

However there are few but strong Bullish Indications
1- HH & HL on 4H timeframe
2- strong bullish momentum on RSI

So, I am short biased for smaller timeframe. It may continue back bullish trend after testing 0.236 Fib level.

But I have given two trade plans for the either side, mentioned on chart.
Please support with comment and like.

Thanks and Good luck

NM1214

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.

NM1214