This article is based on my personal trading strategy considering only D-WK time frame.
No fundamental , only demand and supply zone technical trading plan.
EURAUD price has been moving up and down since April 2019. At first there was no clear direction and was about to move higher to make a new upward trend. However the price was failed to break through 1.65125 and after ward a clear-possible head and shoulder pattern is forming.
We may see an upcoming downtrend.
For me I've opened the position at price 1.62262 since 20th Nov 2019. Let's see...
https://www.tradingview.com/x/P56SVgvp/
No fundamental , only demand and supply zone technical trading plan.
EURAUD price has been moving up and down since April 2019. At first there was no clear direction and was about to move higher to make a new upward trend. However the price was failed to break through 1.65125 and after ward a clear-possible head and shoulder pattern is forming.
We may see an upcoming downtrend.
For me I've opened the position at price 1.62262 since 20th Nov 2019. Let's see...
https://www.tradingview.com/x/P56SVgvp/
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.
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.