EURAUD - Swing Trade
Updated
SHORT - EURAUD
SL: 1.63833 (Suggested by our algorithmic system)
TP: 1.61063 (Suggested by our algorithmic system)
Reasons behind this idea:
1. Bullish Divergence
2. Price hit a resistance trendline
Caution: Price is on a major up trend.
---------- Chart Drawings ----------
Blue Dotted Line: Broken Support Trendline
Red Dotted Line: Broken Resistance Trendline
Blue Solid Line: Support Trendline
Red Solid Line: Resistance Trendline
Blue Rectangle Box: Support Level
Red Rectangle Box: Resistance Level
Blue Arrow Line: Bullish Divergence
Red Arrow Line: Bearish Divergence
Purple Vertical Line: Suggested Stoploss by our algorithmic system
Green Vertical Line: Suggested Stoploss by our algorithmic system
Trade idea from our mobile app: ibb.co/hYv64Tr (Timestamp is in Australian Sydney Time UTC+7)
Please trade responsibly and good luck!
SL: 1.63833 (Suggested by our algorithmic system)
TP: 1.61063 (Suggested by our algorithmic system)
Reasons behind this idea:
1. Bullish Divergence
2. Price hit a resistance trendline
Caution: Price is on a major up trend.
---------- Chart Drawings ----------
Blue Dotted Line: Broken Support Trendline
Red Dotted Line: Broken Resistance Trendline
Blue Solid Line: Support Trendline
Red Solid Line: Resistance Trendline
Blue Rectangle Box: Support Level
Red Rectangle Box: Resistance Level
Blue Arrow Line: Bullish Divergence
Red Arrow Line: Bearish Divergence
Purple Vertical Line: Suggested Stoploss by our algorithmic system
Green Vertical Line: Suggested Stoploss by our algorithmic system
Trade idea from our mobile app: ibb.co/hYv64Tr (Timestamp is in Australian Sydney Time UTC+7)
Please trade responsibly and good luck!
Note
Apologies the first reason for the idea was bearish divergence not bullish.Trade active
Please adjust your stop loss to lock in profit and to prevent a loss.Screenshot from our app ibb.co/3CrrFkZ
Note
Sorry for this late post, our app close this trade for a 45.1% profit. Screenshot: ibb.co/M9J7g40
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.