EURAUD Landscape: Unveiling Potential Support and Resistance
Greetings, Esteemed Investors and TradingView Community,
A s we delve into the intricacies of the EURAUD chart, we uncover intriguing trends and patterns that may shape its future trajectory. Today, we'll explore the insights gleaned from Support Vector Machines (SVM), a powerful machine learning...
order block entry, been following this pair since last week and reached a key 4h order block yesterday with a massive reaction from price, expecting it to rise now, parameters on chart
we can see the Bullish Divergence with MACD which is the sign of bearish trend reversal and start of new Bullish wave or some retracement of the bearish wave
there are total of 3 Targets defined
the 3 TP gets it confirmation if the 2 TP gets triggered and followed by some price retracement and the Support area shall be compromised
OANDA:EURAUD
I have since shared this idea before it's right shoulder formation completed (see related ideas). Right Shoulder pips is all harvested. Now it is time to harvest breakout profits.
Sell with a reasonable SL since EURAUD is a super volatile pair.
Good Luck!
PPPDirhams.
Disclaimer: This is just my idea. Am not liable for the end results if...
