EURAUD, H4 - sell - support breaks + possible head and shoulders
Reason to trade: Price failed to make new high and formed lower high which seems to be right shoulder or head and shoulders formation. Also last support broke and currently is testing as a resistance. If it succeed the range of formation should be filled.
Stop Loss: Setup will be active until current resistance stops the price (~1.54956)
Take Profit: Possible take profit area is last support from daily chart (~1.52217), however we may see some price reaction around 1.53878 which may be considered as TP1
Stop Loss: Setup will be active until current resistance stops the price (~1.54956)
Take Profit: Possible take profit area is last support from daily chart (~1.52217), however we may see some price reaction around 1.53878 which may be considered as TP1
Not
TP1 reached
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.