Euro / Australian DollarUpdated EURAUD, MULTIPLE TIME FRAME ANALYSIS!
Monthly:
Price is rejecting a very strong demand zone.
Weekly:
Price already closed above the weekly resistance and the weekly candle could be filled next
week.
When we see this type of candles we expect them to get filled because on the lower time
frames are just a pullback.
Daily:
Price is retesting previous broken structure and it is rejecting the 61.8% of the daily fib.
4H:
We will be monitorating price action to look for a possible long opportunity.
Price is rejecting a very strong demand zone.
Weekly:
Price already closed above the weekly resistance and the weekly candle could be filled next
week.
When we see this type of candles we expect them to get filled because on the lower time
frames are just a pullback.
Daily:
Price is retesting previous broken structure and it is rejecting the 61.8% of the daily fib.
4H:
We will be monitorating price action to look for a possible long opportunity.
Trade active
Monthly: Weekly:
Daily:
Trade closed: stop reached
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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.
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.