Simple_Renko

EURAUD Short and Long Counter-trend Opportunities

Short
Simple_Renko Updated   
OANDA:EURAUD   Euro / Australian Dollar
See callout bubbles.

Always measure your risk and be okay with being wrong ; )

Comment:
Need a little bit more AUD weakness to meet entry ; )
Trade active:
Price came into our zone overnight. Trade opened. Let's see some AUD strength.
Trade active:
Price has turned around where we were expecting it to. Let's some more strength out of the AUD.
Trade closed: target reached:
Closed out! Higher time frame chart indicating that price may be headed higher, so sitting on the sidelines right now.

Possible long entry posted earlier today to try and catch some of the up move to nearest area where sellers may be.

***If you feel like you've learned something and would like to learn even more, please sign up and support me as a patron at my Patreon page located at Patreon.com/SimpleRenkoTrading***

Thank you for your support!
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.