wait for buy EURAUD
A trading idea for the new day with EURAUD pair.
On the h4 frame, we see a bearish channel.
However, on the day and week frame there are signs of increase, if the candle on 11/8/2020 is the pinbar, we will prepare for a buying plan.
Wait for a break out of the h4 price channel and look for entry on smaller timeframes.
It also does not exclude the possibility that the price will continue to move in the bearish chanel on the h4 frame, but because the support is hit on the daily frame and the probability will go up. Therefore, I prefer buying strategy.
This is just my personal idea. Please consider it before you follow suit. I do not take any responsibility for your transaction.
Have a good day.
On the h4 frame, we see a bearish channel.
However, on the day and week frame there are signs of increase, if the candle on 11/8/2020 is the pinbar, we will prepare for a buying plan.
Wait for a break out of the h4 price channel and look for entry on smaller timeframes.
It also does not exclude the possibility that the price will continue to move in the bearish chanel on the h4 frame, but because the support is hit on the daily frame and the probability will go up. Therefore, I prefer buying strategy.
This is just my personal idea. Please consider it before you follow suit. I do not take any responsibility for your transaction.
Have a good day.
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.