FX:EURAUD   Euro Fx/Australian Dollar
55 0 2
Price has been trending down over the past two weeks, higher time frames show price is ranging. Price has recently retraced and formed a pin bar . The bearish pin bar indicates sellers have taken control of price over the past 12 hours. Price is trading in between the 10 and 20 moving average and has retraced to the 61.8% fibonacci level. Based on these factors I am biased towards a downward move to the next level of support. Entry could be placed half of pin bar and target placed at next level of support. Reward is 2:1.
Order cancelled: Order cancelled, price did not reach entry price
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder 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 Account and Billing Sign Out