Get started

Euruadsell

Euraud Recovery phaseHere we analyse Euraud. 1st window is showing D1 TF. simply we can see a bull run untill 1.5326 H4 TF is displayed in 2nd window. There we can see a breakout of Previous Trendline. And now testing previous support and the main point of 2 combined trendlines. So we are expecting a bull run from 1.49000 In the 3rd window we are watching that market is ranging since 17/05/2022. We can expect a short term selling after testing of 1.51200. We can also short from 1.51200 for a short term target. Entry setup is defined in last window. Here in the last window we can see how we wil put our trade and where our SL should be.... Risk Disclosure TRADING IS NOT SUITABLE FOR EVERYONE. IF YOU DON’T KNOW WTF YOU’RE DOING, TRADING FOREX CAN CAUSE YOU TO COMPLETELY LOSE ALL OF YOUR MONEY. FOREIGN CURRENCY TRADING IS HIGHLY SPECULATIVE AND RISKY. IT IS ONLY SUITABLE FOR THOSE PEOPLE WHO UNDERSTAND, AND ARE WILLING TO TAKE ON, THE FINANCIAL AND OTHER RISKS INVOLVED, AND WHO HAVE THE RESOURCES TO WITHSTAND LOSSES THAT MAY BE SIGNIFICANTLY GREATER THAT ANY DEPOSITS YOU HAVE MADE. Financial instruments that are traded on leverage carry a high level of risk and you could lose more than your deposits. We will not be liable of any losses. Take trade if you can bear the losses.
Long
by Theranasaramd
EURAUD: MONTHLY OUTLOOK: A CONFLUENCE OF RESISTANCE; SHORT!Comparing Weak Vs Strong currencies this past week (end 2/14), EUR shored weakest of all currencies whereas AUD relatively strong of the two currencies-- meaning a SELL bias for the pair. Monthly chart analysis has the pair price at confluence of Resistance. A good technical approach on this pair should provide awesome short opportunity. Like, Share, Follow, and Support this channel for yet better content. Thank you and happy trading.
Short
by legacyliked