pantheo

EURAUD: A multimonth journey maybe ending?

FX:EURAUD   Euro Fx/Australian Dollar
80 0 0
Trade opened during January and confirmed a couple weeks later as in the attached.

New positions opened at 1,5450.

Although H&S has played out yet - possible target last demand zone around 142 area -more ofter than not a failed pattern lead to reversal via short covering. In this case its a bear flag .

If supply zone doesn't hold the bulls, last remaining short positions will be stopped.

All the best

Panos

United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out