Flag formation on EURAUD, watch for a breakout shortly today into London session.
Please see my past ideas on EURAUD, this is a pair I will be buying up for the next few weeks.
Indicators:
1. Weekly RSI in buy zone
2. Upwards weekly channel and a strong bounce from bottom of channel
3. Higher highs, higher lows created
Entry
1. Bottom of Flag for aggressive entry
2. Support at 1.6375 area
TP 1: 1.6565 area
TP 2: 1.6770 area
Good luck!
Let me know if you have any questions.
Charles V
cvfxmanagement.com
cvfxwealth
Trading made simple
Please see my past ideas on EURAUD, this is a pair I will be buying up for the next few weeks.
Indicators:
1. Weekly RSI in buy zone
2. Upwards weekly channel and a strong bounce from bottom of channel
3. Higher highs, higher lows created
Entry
1. Bottom of Flag for aggressive entry
2. Support at 1.6375 area
TP 1: 1.6565 area
TP 2: 1.6770 area
Good luck!
Let me know if you have any questions.
Charles V
cvfxmanagement.com
cvfxwealth
Trading made simple
Note
Flag broken upwards, if you entered at bottom of flag you are probably up 80-100 pips right now. Will reenter on retrace.
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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.
Related publications
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.