DeGRAM | EURAUD structure based trade Short

Euro Fx/Australian DollarFXCM

Description

⋅ Oct 13, 2023 9:00 AM

EURAUD is in an ascending channel.

However, the price is near the structure resistance on the D chart.

Price is decelerating at the resistance level at 1.67500 and the fibo extension level.

Price is likely to go down from the resistance level following AB=CD completion.

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Comments

ATradeSniper

⋅ Oct 16, 2023 7:25 AM

nice chart

pejman_zwin

⋅ Oct 15, 2023 1:03 PM

Such a post.💪

MyCryptoParadise_Nathan

⋅ Oct 14, 2023 6:55 PM

Your technical analysis is on point.

LegionQ8

⋅ Oct 14, 2023 2:41 PM

Very possible scenario, I agree with your opinion

TheFxAce

⋅ Oct 14, 2023 1:31 PM

Your bearish breakdown brings to light important considerations.

FirstNameHelen

⋅ Oct 14, 2023 1:23 PM

Interesting analysis buddy, I like your work

TheGrove

⋅ Oct 13, 2023 8:08 PM

Great bro

ArmanShabanTrading

⋅ Oct 13, 2023 2:23 PM

Beautiful idea!

TheSignalyst

⋅ Oct 13, 2023 11:52 AM

I am also looking for reversal setups on AUD pairs. well done brother

DeGRAM

⋅ Oct 13, 2023 9:31 AM

Good luck in the markets and may the profit be with you !