EURAUD may go long according to my view (26/12/22)
Educational Analysis says EURAUD may go LONG according to my technical.
This is not an entry signal. I have no concerns with your profit and loss from this analysis.
Why long?
On the 1HR timeframe, the pair is making lower high and higher highs which makes breaks in the previous structure.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS.
ADDITIONAL CONFIRMATION IS PRICE REACTED FROM FIB 0.5
WILL SHOOT UPTO 1.618.
ENTRY - 1.58099
STOP-LOSS - 1.57449
TAKE PROFIT - 1.63075
RISK TO REWARD RATIO IS 1:7.7
This is not an entry signal. I have no concerns with your profit and loss from this analysis.
Why long?
On the 1HR timeframe, the pair is making lower high and higher highs which makes breaks in the previous structure.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS.
ADDITIONAL CONFIRMATION IS PRICE REACTED FROM FIB 0.5
WILL SHOOT UPTO 1.618.
ENTRY - 1.58099
STOP-LOSS - 1.57449
TAKE PROFIT - 1.63075
RISK TO REWARD RATIO IS 1:7.7
Trade closed: stop reached