EURAUD has formed a perfect bullish butterfly on the daily timeframe. We are still approaching a strong weekly resistance and euraud is in a strong downtrend so it would be nice to hold your horses till a buy signal is witnessed on the lower timeframes.
This still gives a signal of a possible pullback.
This still gives a signal of a possible pullback.
Trade active
so far so good trade is at the descending trendline zone. a break of this zone will confirm the more long opportunities. Trade closed: target reached
trade closed
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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.