EURAUD - Important Moment
Updated
EMA 200 looks a very good support/resistance curve over time.
If next candle in 4H would be well above this curve, there would be a bullish trend up to the next resistance shown.
If next candle in 4H would be well below this curve, there would be a bearish trend down to the next support shown.
If next candle in 4H would be well above this curve, there would be a bullish trend up to the next resistance shown.
If next candle in 4H would be well below this curve, there would be a bearish trend down to the next support shown.
Trade active
Chart is evolving according to shown Support/Resistance areaNote
Again Rejecting by the Yellow Area Resistance, Testing again the Green Support Area.Trade active
Very good following the supports and resistance channel shown in chart... Again retesting the Support Area... Can we see a Triple Bottom and eventually a breakout to more down? Next 4 Candles Will show itTrade active
Goes to Yellow Area Again...Trade active
Again rejected by Yellow Area... waiting for Next candle.Trade active
Will go to the Green area
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.