EURAUD pair has formed a valid ascending channel with 3 touches till now and we're waiting for the 4th
Also this pair has broke the resistance zone 1.6565 so we're waiting for a retest and in the same time it will be our 4th touch of the channel
Once this pair hits the price we will be looking for long (buy) position
and we also will be waiting it to break with an H4 candle below the 4th touch to enter a short (sell) position
Trade safe Family and follow us for more updates
Also this pair has broke the resistance zone 1.6565 so we're waiting for a retest and in the same time it will be our 4th touch of the channel
Once this pair hits the price we will be looking for long (buy) position
and we also will be waiting it to break with an H4 candle below the 4th touch to enter a short (sell) position
Trade safe Family and follow us for more updates
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.