About meI'm a retail trader who like to trade Binary Options if you wanna check out my results follow me on twitter @Wolf_of_Londonst, IG Wolf_Of_London or my YouTube Channel
The EURAUD just broke my trend line I thinks going carry on its overall downwards momentum and don't think its a reversal. There are reversal candlestick patterns I can see. Also this time I included a short widget thing so you can see where my SL and TP are. Also thta is on my first TP is just a 1:1 but my entire trade won't close at the first TP if things go...
I can see a double bottom forming (red circles) but the overall trend is down. Also price has found resistance at a very strong resistance line multiple times. So all those signs are telling me that price is going to continue downwards so I am getting ready for a sell.
Hit my support line twice and then there was a very strong green bar. Also a few nice pin bar has formed it did break my resistance I bought at the blue arrow
You can that massive doji candle on the chart. So that indicates a lot of indecision in the market on one really being able to pick a direction. Who's going to win the buyers or the sellers well if you look at the candle next to it means the buyers are taking control so I think I'm going to enter on a buy at somewhere around the close of the big green candle.
Reversed at my support line and broke my resistance. Also looks like its ready to bounce of my trend line there might be a upside down head and shoulders pattern forming well that's what I hope for.
