Hello fellows,
With the proof of wedge breakout, the pair EURAUD printing the price range @1.58656. An impulse from the 1.52760 reversed the price range and brought the price range to the bull area. The descending wedge breakout gives a stable rise for the price range the quotes may fetch the 1.61421.
On the count of reversal, the price range may form a pullback setup in order to reverse the trend, in that case, end the trade @ 1.56700.
SIGNAL SPECIFICATION
Entry: 1.58656
Tp: 1.61421
Sl: 1.57000
Risk Vs Reward: 1.67
HIT LIKE, COMMENT AND FOLLOW FOR MORE PROFITABLE TRADES.
With the proof of wedge breakout, the pair EURAUD printing the price range @1.58656. An impulse from the 1.52760 reversed the price range and brought the price range to the bull area. The descending wedge breakout gives a stable rise for the price range the quotes may fetch the 1.61421.
On the count of reversal, the price range may form a pullback setup in order to reverse the trend, in that case, end the trade @ 1.56700.
SIGNAL SPECIFICATION
Entry: 1.58656
Tp: 1.61421
Sl: 1.57000
Risk Vs Reward: 1.67
HIT LIKE, COMMENT AND FOLLOW FOR MORE PROFITABLE TRADES.
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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.
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.