Short EURAUD Longterm Based on Daily Time Frame

This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.

Please comment below and Like if you agree with my analysis.

Commentaire:

A lovely 170pip drop back into that down channel. For anyone that did place their stops too tight, my recommendation is to either place it slightly above (on a sell) resistance, or above the next fib level if that level is a resistance as well or recent swing high, which in this case would have been 1.50746