EUR AUD Short - Trend Line Analysis using fundamental principle
Happy Easter traders,
2/2 of my trades so far are going strong. Number 3 I think is highly likely to come in.
Next long term trade I am putting my money on is this EURAUD short.
There is a clear direction for this pair. I believe we'll see price fall to the purple line in May but I am taking a safer bet that we'll hit the green line without too much hassle. There is not much resistance indicating price will bounce back up above the SL I have input.
Follow, like or comment. I am looking to build a network of traders to work with over the summer so feel free to get in contact.
All the best,
Charlie.
2/2 of my trades so far are going strong. Number 3 I think is highly likely to come in.
Next long term trade I am putting my money on is this EURAUD short.
There is a clear direction for this pair. I believe we'll see price fall to the purple line in May but I am taking a safer bet that we'll hit the green line without too much hassle. There is not much resistance indicating price will bounce back up above the SL I have input.
Follow, like or comment. I am looking to build a network of traders to work with over the summer so feel free to get in contact.
All the best,
Charlie.