EUR/AUD: 0.618% Fibonacci gold entry
Euro/Australian Dollar look bearish in this side following the bad news in Euro currency and economy and how this Eurozone economy will affect the gas crisis through the world. So, I want to share some screenshot that I share here.
Euro it's look extremely bearish in Daiy timeframe and also, I hope an opportunity that we could to short EUR/AUD during days and weeks to see.
EUR/AUD it's in the gold zone in the 0.618% fibonacci key level and I see a good trade that we could to find down 194 pips in this only trade.
So, I will put a sell order limit to $1.4930 AUD. Stop Loss to $1.5005 AUD (75 pips) and take profit to $1.4735 AUD (194 pips)
So, I hope that this analysis support for you
Good luck!!!
Euro it's look extremely bearish in Daiy timeframe and also, I hope an opportunity that we could to short EUR/AUD during days and weeks to see.
EUR/AUD it's in the gold zone in the 0.618% fibonacci key level and I see a good trade that we could to find down 194 pips in this only trade.
So, I will put a sell order limit to $1.4930 AUD. Stop Loss to $1.5005 AUD (75 pips) and take profit to $1.4735 AUD (194 pips)
So, I hope that this analysis support for you
Good luck!!!
Comment:
We're in profit in EUR/AUD. But in this little climb up, don't entry in panic. Keep holding this short position until the target. Maybe the trade it's making confuse for amateur.
We're in profit in EUR/AUD. But in this little climb up, don't entry in panic. Keep holding this short position until the target. Maybe the trade it's making confuse for amateur.
We're ok in this trade. EUR/AUD it's moving to the downside. Keep shorting
We have OVER 70 PIPS IN PROFIT