TradingView
Roker1
Dec 18, 2017 6:56 PM

Long on EURAUD Long

Euro Fx/Australian DollarFXCM

Description

Hi guys,

as you can see price is now testing a key resistance zone that in the past stopped the price from rising. Now it could turn into support for the new uptrend: therefore, i've lowered my timeframe and entered with a stops below the low, because you can see there's a small double bottom with RSI divergence and engulfing candle. Targets as shown.

If you have any question/doubt, feel free to ask.
Otherwise, see you in the next chart!

Trade closed: target reached

First target hit! Stops to breakeven!
More