EURAUD LONG
Analysis:
- daily channel has been broken and retested
- the daily support zone is respected as the weekly candle close which indicates a possible bullish trend reversal
-The weekly time frame shows a possible W formation
Trading plan:
- High risk open position with small lot size below resistance 1.56700
- low risk entry and better confirmation after price has broken the resistance
- I will be looking for an entry after a retracement following resistance break
- daily channel has been broken and retested
- the daily support zone is respected as the weekly candle close which indicates a possible bullish trend reversal
-The weekly time frame shows a possible W formation
Trading plan:
- High risk open position with small lot size below resistance 1.56700
- low risk entry and better confirmation after price has broken the resistance
- I will be looking for an entry after a retracement following resistance break
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.