EUR/AUD FIB RETRACEMENT
Right now the pair has pulled back to a 38.2% retracement level. If the pair bounces back towards the downtrend, we can open our position.
With a TP level of 1.615
And a SL of 1.631, in case the pair does indeed pull back to 61.8%
Always wait for confirmation before entering a trade.
Let me know what you think in the comments!
With a TP level of 1.615
And a SL of 1.631, in case the pair does indeed pull back to 61.8%
Always wait for confirmation before entering a trade.
Let me know what you think in the comments!
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.