EURAUD: Broke resistance and this area should now act as support

EURAUD has broken the resistance zone. This resistance zone will show in a test whether it offers sufficient support to push the price higher. The best chance is to go with the trend and look for a possible buy option.
In my opinion, the best possibility for this buy is in the orange area between 1.6557 and 1.6516. In this area I will wait for a buy pattern on a smaller timeframe like 1 hour or 15 min. Only if this occur i will consider a buy. After this buypattern I will determine a stoploss level (1 x atr under the pattern)
The information is not an Financial Advice and I would recommend you not to rely blindly on my analysis. Always make your own analysis on which a buy or sell decision is based.
In my opinion, the best possibility for this buy is in the orange area between 1.6557 and 1.6516. In this area I will wait for a buy pattern on a smaller timeframe like 1 hour or 15 min. Only if this occur i will consider a buy. After this buypattern I will determine a stoploss level (1 x atr under the pattern)
The information is not an Financial Advice and I would recommend you not to rely blindly on my analysis. Always make your own analysis on which a buy or sell decision is based.
İşlem aktif
active @1.65702sl @1.65191
risk/reward ratio: 9
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.