ForexVizionist

EURAUD - 15min short

Short
ForexVizionist Updated   
OANDA:EURAUD   Euro / Australian Dollar
Opened The trade early this morning already SL moved to 0
we are few hours before LONDON open so I will probable take some profit before it knocks me out
I don't think I will reopen the trade EUR show weakness over most of his pairs, his bearish momentum is slowly ending but there is also no signs of BULLs
Trade active
Comment:
beside bearish week, yesterdays BULLs appeared at price where worries me, also they appeared quite cooky, it is clear that they will not let the price below MS2,
maybe even not close to todays S1, Mondays S2 is the most we can expect for the short term. For the long run I can see it going back to December low, But Early January spike is also something we can't exclude.

Don't forget spike is a rejection, but there is also will to go there so all ideas are possible
Trade closed: stop reached:
break even
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.