Detailed Prediction analysis for EURAUD.
Updated
Prediction analysis for EURAUD.
This is my detailed analysis on my previous short ideas for EURAUD. Do comment and give me your views too. Thanks.
#1 Trend line broken. found SUPPORT at 38.2% Fib.
#2 Pair Retest forming double tops. (MAY FORM TRIPLE TOPS if 61.8% don't hold)
#3 Rebound at 61.8%(Possible Resistance) after touching major support level.
#4 Watch for major support levels.
#5 Overall Bearish on this pair
Entered Trade with 4 different TP.
TP 1 & TP 2 are breakeven trade. (RISK free trade after TP 1 & 2 hit )
TP 3 & 4 try to maximise profits and stretch to the max of the TP shown at 1.56078.
This is my detailed analysis on my previous short ideas for EURAUD. Do comment and give me your views too. Thanks.
#1 Trend line broken. found SUPPORT at 38.2% Fib.
#2 Pair Retest forming double tops. (MAY FORM TRIPLE TOPS if 61.8% don't hold)
#3 Rebound at 61.8%(Possible Resistance) after touching major support level.
#4 Watch for major support levels.
#5 Overall Bearish on this pair
Entered Trade with 4 different TP.
TP 1 & TP 2 are breakeven trade. (RISK free trade after TP 1 & 2 hit )
TP 3 & 4 try to maximise profits and stretch to the max of the TP shown at 1.56078.
Note
TP 1 taken
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