TradingView
VasilyTrader
Jul 16, 2020 8:22 AM

EURAUD: Trend Line & Demand Zone Long

FX:EURAUD60
Euro Fx/Australian DollarFXCM

Description

⋅


EURAUD takes off from a strong demand zone based on a perfect match between a horizontal structure and a rising trend line.

the confirmation was a bullish violation of a falling wedge pattern and higher low formation on 1H.

now the pair will keep growing.
target levels:
1.635
1.6385
Trend AnalysisSupport and ResistanceSupply and DemandForexeuroaustraliandollaraudEUREURAUDtradingTechnical AnalysisCurrencies
Comments
Forex_Price_Action_Traders
⋅
Hi where to keep SL
VasilyTrader
⋅
@Ziyadfairooz, Keep SL below the last higher low
Forex_Price_Action_Traders
⋅
@VasilyPonomarev, Thanks for the Reply
UnknownUnicorn4762443
⋅
Excellent as usual.
hi dear vasily

<deleted>
VasilyTrader
⋅
@SEYED98, good analysis!
maxplan007
⋅
nice
VasilyTrader
⋅
@maxplan007, thanks a lot!
VasilyTrader
⋅
are you also bullish on euraud?
More