EURAUD Update
this pair had rejected the resistance and formed while he's going rom support to resistance zone a valid ascending trendline that contains 3 touches
so now we're waiting for an H4 candle to clearly close below the last touch of the blue trendline and retest it when it get rejected from the trendline we can enter a short (sell) position targeting a take profit the support
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so now we're waiting for an H4 candle to clearly close below the last touch of the blue trendline and retest it when it get rejected from the trendline we can enter a short (sell) position targeting a take profit the support
Follow us for more update
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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.
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.