EUR/AUD: 0.618% Fibonacci gold entry
Updated
Euro/Australian Dollar look bearish in this side following the bad news in Euro currency and economy and how this Eurozone economy will affect the gas crisis through the world. So, I want to share some screenshot that I share here.
Euro it's look extremely bearish in Daiy timeframe and also, I hope an opportunity that we could to short EUR/AUD during days and weeks to see.
EUR/AUD it's in the gold zone in the 0.618% fibonacci key level and I see a good trade that we could to find down 194 pips in this only trade.
So, I will put a sell order limit to $1.4930 AUD. Stop Loss to $1.5005 AUD (75 pips) and take profit to $1.4735 AUD (194 pips)
So, I hope that this analysis support for you
Good luck!!!
Euro it's look extremely bearish in Daiy timeframe and also, I hope an opportunity that we could to short EUR/AUD during days and weeks to see.
EUR/AUD it's in the gold zone in the 0.618% fibonacci key level and I see a good trade that we could to find down 194 pips in this only trade.
So, I will put a sell order limit to $1.4930 AUD. Stop Loss to $1.5005 AUD (75 pips) and take profit to $1.4735 AUD (194 pips)
So, I hope that this analysis support for you
Good luck!!!
Note
We're ok in this trade. EUR/AUD it's moving to the downside. Keep shorting
We have OVER 70 PIPS IN PROFIT
Note
We're in profit in EUR/AUD. But in this little climb up, don't entry in panic. Keep holding this short position until the target. Maybe the trade it's making confuse for amateur.
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