EURAUD | Price reversed from channel,watch price action to SELL
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EURAUD Update..
The price has been following a Parallel channel and everytime the price touched the channel's trendline the price reacted strongly to it,this time price again reversed after touching the trendline,wait for the price to make a correction or Pullback and if price gives any bearish signal then look for sell opportunity..
For Entry:
Wait for the formation of Bearish Candlestick Pattern to close on 4hr timeframe for confirmation to SELL..
Trade it with proper Sl..
Take entry only after price gives bearish signals..
Push LIKE & SUPPORT the Idea...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
EURAUD Update..
The price has been following a Parallel channel and everytime the price touched the channel's trendline the price reacted strongly to it,this time price again reversed after touching the trendline,wait for the price to make a correction or Pullback and if price gives any bearish signal then look for sell opportunity..
For Entry:
Wait for the formation of Bearish Candlestick Pattern to close on 4hr timeframe for confirmation to SELL..
Trade it with proper Sl..
Take entry only after price gives bearish signals..
Push LIKE & SUPPORT the Idea...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.