EUR/AUD Short Setup – Sell from Resistance Zone
Mis à jour
Entry: Looking to short at 1.648500, just inside the resistance zone.
Entry 2: 1.65300
Stop Loss (SL): Above 1.6600 to manage risk if the price breaks the resistance.
Take Profit (TP):
TP1: 1.63800 (First support level)
TP2: 1.62800 (Next major support level)
Analysis:
*Resistance Rejection: Price is currently facing strong resistance around 1.6480, and we expect a potential rejection from this level.
*Bearish Structure: The pair is in a downtrend with a series of lower highs, and this setup follows the broader bearish market sentiment.
*Risk Management: SL above 1.6600 is well placed to avoid getting caught in a breakout, while targeting the lower support levels at 1.6270 and 1.6127.
Entry 2: 1.65300
Stop Loss (SL): Above 1.6600 to manage risk if the price breaks the resistance.
Take Profit (TP):
TP1: 1.63800 (First support level)
TP2: 1.62800 (Next major support level)
Analysis:
*Resistance Rejection: Price is currently facing strong resistance around 1.6480, and we expect a potential rejection from this level.
*Bearish Structure: The pair is in a downtrend with a series of lower highs, and this setup follows the broader bearish market sentiment.
*Risk Management: SL above 1.6600 is well placed to avoid getting caught in a breakout, while targeting the lower support levels at 1.6270 and 1.6127.
Transaction en cours
FIRST ENTRY ACTIVE NOWTrade fermée: ordre d’arrêt atteint
We will make it back just like we did for GOLD!!
Risk to Reward is always the key, and which will keep us profitable in the long run
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.