cvfxwealth

EURAUD Buy Update 900 Pip Opportunity - Week 3

Long
FX:EURAUD   Euro / Australian Dollar
Currently up 5% growth from this pair alone from beginning of July entries.

Indicators Recap:
1. Currently at bottom of weekly channel acting as support.
2. Stochastic RSI weekly in buy zone.
3. Upward Trend still dominant.
4. Bull candlestick close end of day 07/13/2020.
5. Pair broke upwards out of wedge.

Additional Entry or if you missed first entry:
1. Good entry at current price of 1.6300
2. Safer entry at 1.6260 to 1.6280 range at last low or on up trend line.

Next small Resistance at 1.6540 for a TP target.

TP 1 and TP 2 remains the same for longer term trade.


Good luck trading!

Charles V
CVFX Management
Trading made simple
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.