I have two scenarios in the works on EURAUD and this is their description. I am not in any position yet, but I will be searching for a good entry to long.
There might be an opportunity for a little short as well, until we have a good opportunity for a proper long position.
There might be an opportunity for a little short as well, until we have a good opportunity for a proper long position.
Note
The price is now almost touching the trend line and bumped back a little, watch it closely :)Trade active
I am in.We probably didn't break the channel, so I am speculating on remaining in it, thus going for a long position.
Trade closed: stop reached
SL hit, suffering 1% equitty loss.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.