EURAUD bearish continuation the week of 12 Sep 2022
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This pair has been bearish for a while, for the most part has been respecting previous significant levels (areas). The bulls tried to break and hold above the 1.4800 area last week but did not succeed. I am looking to see if they attempt again and another failure will provide a nice shorting opportunity.
If this happens, we could be looking at a 4R trade that will be in line with the major trend.
Always use sound money and risk management and stay patient in all your trades.
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If this happens, we could be looking at a 4R trade that will be in line with the major trend.
Always use sound money and risk management and stay patient in all your trades.
If you like my analysis, please give it a “thumbs up” and follow me to get even more awesome content.
What do you think about this trade idea? Please comment and share your thoughts!!
Dagangan ditutup: hentian tercapai
Stopped out
Penafian
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