FX:EURAUD   Euro Fx/Australian Dollar
66 8 1
Cup ^ Handle, lip line breakout, targeting PRZ of Bearish bat at ~1.93350
Gino
a year ago
So you think the Eur is that strong with all the troubles in Europe?
Reply
Nightwish Gino
a year ago
This one works as AUDUSD evil twin. AUDUSD broke key support and is nose diving towards multi year lows. Therefore you have very strong move in EURAUD upside and 2 completely different patterns agree on target. It will take time but it might be there. The same happened with my GBPAUD idea published months ago. Big TFs always win mate.

Cheers
Reply
lixit
a year ago
Hi NW! On weekly chart it's a big bearish pinbar (two weeks ago). You think that it's a fake pin bar?
Reply
lixit lixit
a year ago
In fact, on almost all pairs we have a pinbar. It's about that move due to China turmoil?
Reply
Nightwish lixit
a year ago
Everything on the markets worldwide is about China. Whole west invested there because of cheap labor. Chine had tremendous progress. Now is pulling back a bit which is normal. If you have in mind the size of western production essentially Made in China - you have collapse of western stock market. Yet, they have to make more corrections in CHY ( 7% more if I`m not wrong ), and I`m looking forward that volatility.
Reply
lixit Nightwish
a year ago
Thanks for your answer. Still, that pin bar it's on the chart, all charts. Technically speaking, it's a rejection of higher or lower price, depends by pairs. For example, GBPAUD. Nice rejections from 61.8 fibo.
Reply
lixit lixit
a year ago
snapshot
Reply
lixit lixit
a year ago
snapshot
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out