EURAUD holding at fib retracemen t@ 38.2 resistance expecting a bearish confirmation to fib extension 61.8 take profit at 1.56600
Note
we have entered a consolidation as such if you in profit close and wait for breakout candle if not try to aim for break even and wait for the breakoutNote
breakout of pattern to the downside wait for retest and then enter shortNote
it took some time but EURAUD is on route to targetTrade closed manually
closed on profit due to approaching support levelDisclaimer
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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.