EURAUD - [OUTLOOK] TEST OF WEEKLY RESISTANCE POSSIBLE

Display: 
EURAUD
Description: As shown above we
EURAUD is Bullish having bounced off weekly support numerous times
price is trading within a symmetrical triangle, so we can likely expect a break out soon. If price breaks out and closes above 1.49000
then we should see Weekly resistance tested a break of the weekly may see prices of 1.50500 - 1.52000..
Indicators: 200 EMA Is currently above price on a breach of Weekly resistance we will likely see this tested.
Duration: Long Term
Decision: I will post an update however as shown on chart setup may look like this..
Thank you for viewing my idea. If you decide to take this trade,please leave a comment and a thumbs up. I will be happy to stay in touch to see how the setup is planning out.
Your also welcome to post you analysis below.
Remember to always trade your stratergy... Happy Trading
Update status
Description: As shown above we
price is trading within a symmetrical triangle, so we can likely expect a break out soon. If price breaks out and closes above 1.49000
then we should see Weekly resistance tested a break of the weekly may see prices of 1.50500 - 1.52000..
Indicators: 200 EMA Is currently above price on a breach of Weekly resistance we will likely see this tested.
Duration: Long Term
Decision: I will post an update however as shown on chart setup may look like this..
Thank you for viewing my idea. If you decide to take this trade,please leave a comment and a thumbs up. I will be happy to stay in touch to see how the setup is planning out.
Your also welcome to post you analysis below.
Remember to always trade your stratergy... Happy Trading
Update status
Nota
Still Long if we i see an appropriate setup, DISREGARD previous PADagangan aktif
Entry coveredDagangan ditutup: sasaran tercapai
TP 1 HIT STILL LONG FOR TP 2Dagangan aktif
Approaching TP 2Dagangan ditutup: sasaran tercapai
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.