greatbabfx

greatbabfx

EURAUD would be a good SELL if it could get to this ENTRY AREA based on market structure break and retest, a trend line was broken to the downside, creating LLs and Deeps, couple with 61-79 Fib Retracement Area + 4Hrs Trend Line , I think this might good SELL AREA. The Chart Explains the rest, I always apply my proper risk management. Check My Previous...

greatbabfx

I found a previous support area on daily that was broken, that falls on 61-79 Fib Retracement level, after creating more LLs and broken major support, I think this area might be a good area - 1.1300 for sell opportunity. SELL around 1.1300 AREA, the chart says the rest. ONLY FOR DAY TRADERS, proper risk management applys.

greatbabfx

1.2148 area was a support area that turned resistant, was broken to the downside, though lots of touches that looks like struggles between buyers and sellers, I could see a HL at 1.22431 and LL at 1.19922, if this LL still holds before a retest of 1.2148 area which is a resistant area, falls between 61 and 79 Fib Retracement and 45 degree likely trendline. I think...

greatbabfx

0.8642 area was a former support area on 4hr Chart. This area was broken and a very good deep was formed. Using price action - structure is broken and now looking for a retest of the former support area to turn resistant for good opportunity to sell. Why I think this area might be very good area to sell is that this area falls on 61 to 79% on Fib Retracement...