EURAUD: Suitable for Short-term traders

Jul 10

Overall view is bearish but we are observing great presence of buyers.

A gap between expected reaction zone and the real one is a great sign.

Only short-term trading with small TPs are suggested. short from upper zone and long from lower, both with LTF confirmation and with small profits.

Jul 12

Note

The Bearish line is broken we might see some bullish moves in next hours or trading days.

Jul 12

Note

I'm waiting for bottom of short-term channel

Jul 17

Order cancelled

I've lot bottom of the channel. Buyers were even Stronger! ;-D