EURAUD resistance
As shown, in the yellow area we can observe price resistance, where the market failed to break through each wick and currently has started to drop. On the daily chart, we can observe a change of trend - proceeding downtrend and as the market retraces, we look for sells.
Change of trend - 3 wicks that show resistance - pullback on the daily chart.
A blue line has been marked where you can enter the trade, as the price has been dropping and jumping on a mid trade wouldn't be efficient. Look for pullbacks and enter for a sell.
Change of trend - 3 wicks that show resistance - pullback on the daily chart.
A blue line has been marked where you can enter the trade, as the price has been dropping and jumping on a mid trade wouldn't be efficient. Look for pullbacks and enter for a sell.
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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.