Trade idea - EURAUD Long
4H
Bullish impulse / break of last LH: indication.
Inverse Head & Shoulders pattern: confirmation.
Clear support & resistance zone is there.
From 1H perspective: Corrective approach towards entry zone.
= Buy limit.
1.5% risk.
Bullish impulse / break of last LH: indication.
Inverse Head & Shoulders pattern: confirmation.
Clear support & resistance zone is there.
From 1H perspective: Corrective approach towards entry zone.
= Buy limit.
1.5% risk.
Note
MONTHLY
Inverse Head & Shoulders pattern potentially in play.
Clear support & resistance zone is there.
Note
WEEKLY
Pattern within pattern can be there:
Inverse Head & Shoulders, Bullish Fake Out flag.
Clear support & resistance zone is there.
Note
DAILY
-68 Fibonacci has been completed.
Trade active
ActiveTrade 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.