EURAUD potential short opportunity ?
Updated
EURAUD, 1H chart
The 1H trend is obviously lower low down trend, the price is now pulling back into a large supply zone,
you can look for opportunities to enter the market from the 1~5m time frame.
Please make sure your SL put above the supply zone box and give it a little breath.
TP is the small demand zone below.
Please don't short without the signal.
Signals can be: engulfing , head and shoulder , pin bar , fibo,QM, etc...up to you
The above is sheerly a personal analysis, only for reference.
Please make sure your per trade risk 1~3%
The 1H trend is obviously lower low down trend, the price is now pulling back into a large supply zone,
you can look for opportunities to enter the market from the 1~5m time frame.
Please make sure your SL put above the supply zone box and give it a little breath.
TP is the small demand zone below.
Please don't short without the signal.
Signals can be: engulfing , head and shoulder , pin bar , fibo,QM, etc...up to you
The above is sheerly a personal analysis, only for reference.
Please make sure your per trade risk 1~3%
Trade closed: stop reached
Note
I have checked 1~5m time frame, when the price break the previous low then pull back to the box ,i entry the short position ,SL put on the previous high , but result got stop out.
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zoomex sign up(No KYC)
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