EURAUD // Long Opportunity (Short-Term)
EURAUD is currently in a descending channel. Also printing LL/LH along this smaller trend. Price has printed a Bat Pattern around a strong demand zone.
I have two points where I will be looking at price action for possible entries.
Inputs on the Bat are:
ZigZag - 10
Error Rate - 10%
It is possible for price to continue downwards around 1.54000, which will be the optimal area for a long position IMO.
I have two points where I will be looking at price action for possible entries.
Inputs on the Bat are:
ZigZag - 10
Error Rate - 10%
It is possible for price to continue downwards around 1.54000, which will be the optimal area for a long position IMO.
Trade closed: stop reached
These analyses are my personal view on the market.
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).
