EUR/AUD - LONG TERM CHANNEL, BROKEN FIBONACCI

160
Here we can see we have broken the Fibonacci.
We have failed to have a monthly close below the Long Term TL.
Waiting on a H4 close above the CTL before entry.
Am playing the SL tight as I don't think we will drop back under the Long Term TL.
Target is in line with prior resistance.
Overall I think we are going to make highs at the top of the channel.

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.