EURAUD: Short From Now
Hey guys,
we are looking at the EURAUD which is currently at the best zone for shorting it. I drew a down trend line where it stays in the 4h for now. Also price is in a first level of consolidation, marked in the yellow box. The high of the box is my favorite 6.81 fibonacci level. Paired with the trend line and the wicks formed in the 4h chart its actually the best moment to short this pair. Using proper risk management and stop loss above those levels price could move a lot lower. Same situation as on other pairs we are in right now. Gonna link them below.
Hope everyones week is going great so far.
we are looking at the EURAUD which is currently at the best zone for shorting it. I drew a down trend line where it stays in the 4h for now. Also price is in a first level of consolidation, marked in the yellow box. The high of the box is my favorite 6.81 fibonacci level. Paired with the trend line and the wicks formed in the 4h chart its actually the best moment to short this pair. Using proper risk management and stop loss above those levels price could move a lot lower. Same situation as on other pairs we are in right now. Gonna link them below.
Hope everyones week is going great so far.
Transaction en cours
Im up +60 pips.Note
Close to zero drawdown.Note
Trading still active. Price is at a strong resistance zone. Lets check what happens here.Trade fermée: cible de profit atteinte
Beautiful Trade
Publications connexes
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.
Publications connexes
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.