EURAUD - Bat completes around 1.4070
As you can see that, there is a Bullish bat forming on EURAUD 4 Hour TF. Which is completing around 1.4070.
This area (1.4070-50) is also a good support zone which is tempting us to have a long entry.
A long entry is recommended from 1.4070 considering the retracement. SL can be 20 pips Below from the X. (100 pips), Target can be 350-400 pips which is pointing us a good Risk Reward.
Wishing all have a great week ahead.
This area (1.4070-50) is also a good support zone which is tempting us to have a long entry.
A long entry is recommended from 1.4070 considering the retracement. SL can be 20 pips Below from the X. (100 pips), Target can be 350-400 pips which is pointing us a good Risk Reward.
Wishing all have a great week ahead.
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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.
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.