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WaqasWasi

EURAUD - Symmetrical Triangle Pattern - 30/04/2024

Short
Euro / Australian Dollar (EIGHTCAP:EURAUD)  
WaqasWasi  
EIGHTCAP:EURAUD   Euro / Australian Dollar
Trend Analysis Chart Patterns Harmonic Patterns
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trendanalysis chartpattern harmonicpatterns
EURAUD has been trading in a strong Bearish Trend. A Symmetrical Triangle Pattern has been observed on the 1 hour timeframe, which further confirms the continuation of the downward trend.

If price breaks through the 1.62855 level, a short position should be triggered as follows:

Trade Call: Short
Entry: 1.62855
SL: 1.63837
TP1: 1.61870
TP2: 1.60890
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