EURAUD short opportunity
PAIR IN FOCUS: EURAUD
ACTION: SHORT
After waiting for a month, we now have a signal for a short trade. Price has printed a bearish engulfing candle on the weekly charting, and price has broken recent swing lows on Daily and H4 charting as well. Any dovish action by the ECB will aid the bears in pushing down the price to the TP Zone.
Looking for a retrace in price to provide a better R:R for this trade, otherwise, it will just be a short till the TP Zone.
Observe lower time frames for a better trade entry.
ACTION: SHORT
After waiting for a month, we now have a signal for a short trade. Price has printed a bearish engulfing candle on the weekly charting, and price has broken recent swing lows on Daily and H4 charting as well. Any dovish action by the ECB will aid the bears in pushing down the price to the TP Zone.
Looking for a retrace in price to provide a better R:R for this trade, otherwise, it will just be a short till the TP Zone.
Observe lower time frames for a better trade entry.
Trade fermée: cible de profit atteinte
Price dipped straight right into the TP Zone
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.