Trade idea - EURAUD Short
4H
Bearish impulse: indication.
Head & Shoulders pattern: confirmation.
Clear support & resistance zone is there.
Corrective approach towards entry zone.
= Instant market execution Sell.
1.5% risk.
Bearish impulse: indication.
Head & Shoulders pattern: confirmation.
Clear support & resistance zone is there.
Corrective approach towards entry zone.
= Instant market execution Sell.
1.5% risk.
Note
MONTHLY
Double top pattern potentially in play.
Clear support & resistance zone is there.
Note
WEEKLY
Head & Shoulders pattern can be in play.
Clear support & resistance zone is there.
Note
DAILY
Bearish impulse / new LL: indication.
Bearish W pattern: confirmation.
Clear support & resistance zone is there.
Market seems to reject the 38.20 Fibonacci level.
Trade active
Active.Trade closed: stop reached
-1.5%
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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.