Good morning traders,
It seems EURAUD is forming a bullish flag structure ? Impulse + Correction + Next impulse ?
Target is open and SL @ 1.462
From the fundamental perspective, Australia Inflation eases to 1.9 % so it supports the idea of a weaker AUD
6 Trading Rules :
1. Never add to a losing position .
2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit
3. Think like a fundamentalist, trade like a technician .
4. Keep your analysis simple
5. Start small and increase exposure when trend is confirming your analysis
6. The hard trade is the right trade
Josep Pocalles
It seems EURAUD is forming a bullish flag structure ? Impulse + Correction + Next impulse ?
Target is open and SL @ 1.462
From the fundamental perspective, Australia Inflation eases to 1.9 % so it supports the idea of a weaker AUD
6 Trading Rules :
1. Never add to a losing position .
2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit
3. Think like a fundamentalist, trade like a technician .
4. Keep your analysis simple
5. Start small and increase exposure when trend is confirming your analysis
6. The hard trade is the right trade
Josep Pocalles
Trade closed: stop reached:
Scenario invalidated, I will re-attempt if it returns back above 60 MA :
Josep Pocalles
Top Technical Analysis Voice
www.linkedin.com/in/josep-pocalles/
realisto.net
One-to-One Trading Coach & Mentor
Top Technical Analysis Voice
www.linkedin.com/in/josep-pocalles/
realisto.net
One-to-One Trading Coach & Mentor