EURAUD: Strong Supports; Ready for Bounce?
EURAUD Timeframe: 1D
Direction: Long
Confluences for Trade:
- Stochastic Overbought momentum
- Too wide of a divergence for 8 EMA and 50 EMA
- Price close to Strong Horizontal Support (since Feb 18)
- Price close to a Support Trendline (previously resistance; since March 18)
Suggested Trade:
Entry @ Area of Interest 1.5610 - 1.5670
SL: 1.5542
TP: 1..5884
RR: Approx. 2.89 (Depending on Entry Level)
May the pips move in our favor! Good luck! :D
*This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.
Dagangan ditutup: hentian tercapai
The sudden Brexit news of two ministers resigning caused a sudden drop in the EUR. EUR has since recovered but our position hit the stop first. The trade setup is still valid if still interested.
Disclaimer: The personal opinion above does not constitute as an investment advice. Any trade decisions taken based on the above opinion is purely at your own risks. DYOR.
Penerbitan berkaitan
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.
Disclaimer: The personal opinion above does not constitute as an investment advice. Any trade decisions taken based on the above opinion is purely at your own risks. DYOR.
Penerbitan berkaitan
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.