EURAUD
Many traders see a trend continuation here, I still have doubts
so let's close our short positions when market opens and join the long-term reversal.
There are several reasons that support this buying scenario
⠀1. strong support zone confirmed with candlestick pattern
2. bullish momentum and very strong demand area
3. a completion of a 3-3-5 flat correction
But we do not rush to buy, we wait for a correction outside the channel and confirmation
⠀
Only after that we will make a decision about further moves.
TAKE a long @ 1.4769
TP 1 @ 1.5050
TP 2 @ 1.5275
TP 3 @ 1.5534
Protective stop @ 1.4639
so let's close our short positions when market opens and join the long-term reversal.
There are several reasons that support this buying scenario
⠀1. strong support zone confirmed with candlestick pattern
2. bullish momentum and very strong demand area
3. a completion of a 3-3-5 flat correction
But we do not rush to buy, we wait for a correction outside the channel and confirmation
⠀
Only after that we will make a decision about further moves.
TAKE a long @ 1.4769
TP 1 @ 1.5050
TP 2 @ 1.5275
TP 3 @ 1.5534
Protective stop @ 1.4639
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.