Take position EURAUD ANALYSIS
Updated
Take position in the sense of the trend.
Fibonacci correction of the price in 0.618 ZONE
correction as a pullback on the resistance
Doji candle as a downtrend
Trend sense
MA 50 as a support on the same blue support to consolidate the structure with a sort of a double support
Fibonacci correction of the price in 0.618 ZONE
correction as a pullback on the resistance
Doji candle as a downtrend
Trend sense
MA 50 as a support on the same blue support to consolidate the structure with a sort of a double support
Trade active
I stopped my trade at the stop loss and took the exact same at 1.54704 When the price touched the resistance. Same scenario, but at another time.Related publications
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.