EURAUD PATIENTLY WAITING!
EURAUD 1HOUR TF
So here is something I am waiting for to come back and test the retracement on the fib retracement! I am not going to be holding my breath here as this could still continue with the downtrend and not retrace!! or we could see a swing trade happen when it breaks out of my trendline retest the trendline on the 50% fib level and see it go for 1:12 RR
When will I take sells!
Retest Trendline
Bearish candle
exhaustion
-- Breaks trendline comes back in the trendline zone
- resistance holding it down with trendline!
So here is something I am waiting for to come back and test the retracement on the fib retracement! I am not going to be holding my breath here as this could still continue with the downtrend and not retrace!! or we could see a swing trade happen when it breaks out of my trendline retest the trendline on the 50% fib level and see it go for 1:12 RR
When will I take sells!
Retest Trendline
Bearish candle
exhaustion
-- Breaks trendline comes back in the trendline zone
- resistance holding it down with trendline!
Note
Price is making Lower lows now! so the fib retracement has changed!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.