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Profound_Ambition

EURAUD 4H

Euro / Dolar Australia (FX:EURAUD)  
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FX:EURAUD   Euro / Dolar Australia
Trend Analysis Support and Resistance EURAUD euro aussiedollar Supply Zone bounce retracement
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trendanalysis supportandresistance euraud euro aussiedollar supplyzone bounce retracement
Under resistance, im leaning more to the downside on this pair, but if we get a break above resistance & the 61.8 fib I will look at a potential continuation of this pairs uptrend.
Komen:
snapshot
I am also seeing a potential head on shoulders pattern.. So id watch for a bearish engulfing candle for potential shorts
Komen:
snapshot
I will look for a break of the blue supply zone for additional shorts
Komen:
aussie is currently weak most likely short term, so I will wait for more confirmation or a break of the CTL which price has done a few times in the past & is repeating itself again
Komen:
price fell 50 pips since I posted hit the 61.8 fib & pushed away as expected : )
Komen:
snapshot
take profit in sight
Komen:
TP 3 Hit
Komen:
+290 pips
Penafian

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