TomHall
Long

EUR.AUD - Break & Retest Long Opportunity

FX:EURAUD   Euro / Australian Dollar
Currency Pair: EUR.AUD
Time Frame: Daily & 4hr
Predicted Direction: Long

Live EUR.AUD updates will be available in the comments section below
Comment: Price now pulled back to 1.5200, awaiting a reversal to take this pair long.
Comment: Due to a break of 1.5200 without any reversal or declaration this chart setup is now invalid.

Comments

Is the setup still valid Tom? It didnt seem to be respecting the 1.5200 support.

Thanks
+1 Reply
TomHall reggiecyy
@reggiecyy, Hi,

Not for me personally, it has now broke and as you mentioned not respected 1.5200
Reply
reggiecyy TomHall
@TomHall,

Thanks. I'd be interested in selling, given the setup. Would you?
Reply
TomHall reggiecyy
@reggiecyy, If you sell you run head first into a trendline support which has held historically so not something i'm personally looking for.
Reply
reggiecyy TomHall
@TomHall,

I hear you. I am thinking about the exact same thing. I just think it might be time for the uptrend line to break, and another reputable trader is calling it too. But I absolutely appreciate your kind advice. I respect your trading skills a lot. I am seriously re-considering the short trade.

Thanks again!
Reply
I like your trade ideas. :-)
+1 Reply
TomHall Yang_Yang
@Yang_Yang, Thanks very much :-)
Reply
thanks for the good work...
+1 Reply
TomHall rxtsw
@rxtsw, Appreciate the kind words, thank you.
Reply
Love analysis... thanks!
+1 Reply
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