Hello fellow risk-takers
EURAUD has been plunging in retracement, a bearish move which first posed as trend reversal. The retracement may conclude this week and see the pair forming new higher high again.
Trade approach:
—wait for price to touch or get close to the support trendline.
—watch for price action behavior on 4H (look for reversal candlesticks)
—do you
Trade well and take care.
EURAUD has been plunging in retracement, a bearish move which first posed as trend reversal. The retracement may conclude this week and see the pair forming new higher high again.
Trade approach:
—wait for price to touch or get close to the support trendline.
—watch for price action behavior on 4H (look for reversal candlesticks)
—do you
Trade well and take care.
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.
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.