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.
Dagangan aktif
active @1.65702sl @1.65191
risk/reward ratio: 9
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.