EURAUD w8 for clear pattern
1D
Downtrend stucks to support zone.
Good and healthy without signs of weak.
Resembles to H&S pattern
1 Year uptrend has a rest
All EUR pairs performs strong up move on 1H
4H
Downtrend
Healthy
Slight pullback from Daily SR
1H
Sideway move.
unclear trend
Byers are active but sellers are also.
I excpect sideway move for 1 day probably.
i Assume mostly bearsish trend, however these days Euro strong.
In my opinion 2nd test of SR level is inevitable. After that it will be clear what to do.
Downtrend stucks to support zone.
Good and healthy without signs of weak.
Resembles to H&S pattern
1 Year uptrend has a rest
All EUR pairs performs strong up move on 1H
4H
Downtrend
Healthy
Slight pullback from Daily SR
1H
Sideway move.
unclear trend
Byers are active but sellers are also.
I excpect sideway move for 1 day probably.
i Assume mostly bearsish trend, however these days Euro strong.
In my opinion 2nd test of SR level is inevitable. After that it will be clear what to do.
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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.