Fxprotrader
Short

EURAUD: Great Zone To Watch For Shorts

FX:EURAUD   Euro Fx/Australian Dollar
984 4 43
a month ago
Price has broken above a slide parallel of a downsloping media line and it's heading up to another one where we may see that it was rejected several times previously (red arrows). At that level we have previous structure, and the 0.618 fib retracement of a long term down move. That's a great zone to watch for short setups in the upcoming week. In case price breaks this parallel we should wait and see if it will reach the upper parallel of the pitchfork where depending on the structure we should watch for a setup once again.

a month ago
Comment: Price has reached the slide parallel. We may start looking for sell setups at this level
a month ago
Comment: Setup completion at the level: Tp and sl as shown at the chart
snapshot
a month ago
Trade closed: target reached: We may now move stoploss to breakeven at second position
a month ago
Trade closed: target reached: 100% success trade
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ChrisMark
a month ago
Agreed
EURAUD 4H Chart.Bearish Shark Pattern at resistance
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Fxprotrader PRO ChrisMark
a month ago
Thanks for sharing
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rist
a month ago
CLASSIC SR . simple and easy
Reply
Fxprotrader PRO rist
a month ago
Thank you mate.. Soon we will have 2nd tp reached :)
Reply
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