zorrays

EURAUD - SHORT - DESCENDING TRIANGLE

Short
zorrays Updated   
FX:EURAUD   Euro / Australian Dollar
Short Bias

Technical Strategy: Descending Triangle

Target based on Fibonacci cluster + next monthly support region
Comment:
We had a little false breakout towards the downside, lets keep an eye on this and see how this eventually plays out...
Order cancelled:
pattern did not trigger. therefore no trade

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.