EURAUD - 4H - Nother Shark
As alot of EUR pairs. EURAUD is also seeing a sharkish formation. but in this case we might see a trade earlier, since the consolidation is already startin to form. if we can at least retest the recent (consolidation) swing highs, i will place my orders below consolidation to sell to the shark completion point. should be a small easy trade with a decent risk reward.
if we complete this pattern the way i want it, i will also looking to go down the timeframes to look for further shorts. but lets wait and see first
if it spikes up from here, then i wont trade.
if we complete this pattern the way i want it, i will also looking to go down the timeframes to look for further shorts. but lets wait and see first
if it spikes up from here, then i wont trade.
Note
i think the retest of the flag highs was decent enough to place the orders.
Related publications
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.
Related publications
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.