EURAUD, T618&Triangle&Fibo618, 1H-4H, Sell Short

FX:EURAUD240

Euro Fx/Australian DollarFXCM

Description

⋅ Sep 17, 2018 7:50 AM

Price completed T618 level. if price closes under triangle, we can enter sell position.

Comment

⋅ Sep 17, 2018 7:18 PM

we should still wait

Trade closed: target reached

⋅ Sep 18, 2018 6:53 PM

65 pips ok

Comment

⋅ Sep 19, 2018 6:09 AM

TP1 OK 108 pips

Comments

dakkid

⋅ Sep 17, 2018 7:00 PM

Price broke out of the triangle in the upside and sitting on it... it's normally a buy...

FXCM

⋅ Sep 17, 2018 9:12 AM

I agree with your bearish view on EURAUD. Our trading signal idea is also of the same bias. We have found roughly resistance levels at 1.6266 which is also a horizontal swing high resistance and 61.8% fibonacci retracement.
Additionally, our stochastic is approaching resistance, which backs up our bias.

Glad to see that we have the same bias for EURAUD.

iboabi1

⋅ Sep 17, 2018 8:19 AM

Tskler