EURAUD: Uptrend continuation
Cập nhật
It seems like the time is finally right to buy into EURAUD.
There's a 4h downtrend signal time expiration after this bar's close, as well as a relevant level of technical confluence:
Stop loss should be below 1.43296, or using daily 3 atr value for it, or 1 atr below the low after the close. Depends on your preference.
I will have no TP, and will watch the hourly chart for entry, but you could enter now with a wide stop and average the entry as well.
Good luck,
Ivan.
There's a 4h downtrend signal time expiration after this bar's close, as well as a relevant level of technical confluence:
- Fibonacci 0.382 retracement of previous impulse
- Range expansion support
- Low volume profile support
- Correlation to gold: Australian dollar will suffer, gold breached the weekly mode down, so it's probable to see AUD weaken.
Stop loss should be below 1.43296, or using daily 3 atr value for it, or 1 atr below the low after the close. Depends on your preference.
I will have no TP, and will watch the hourly chart for entry, but you could enter now with a wide stop and average the entry as well.
Good luck,
Ivan.
Đóng lệnh: dừng lỗ
🔒Want to dive deeper? Check out my paid services below🔒
ivanlabrie.substack.com/
ivanlabrie.substack.com/
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.