Find opportunity to Short position for EUR/AUD
ROC 1 Week:
EUR/AUD: 2.6-6.7 = -4.1
Forecast: SELL
LWMA 6 All chart: SELL
Forecast: SELL
***************************************
Technical:
Find opportunity collecting up and SELL near middle of parallels
Set RR 1:2 TP at bottom trendline and SL at AOV
*ROC: Rate of change in 1 Week
**LWMA: Linear weight moving average
***AOV: Area of value (Purple zone)
****RR: Risk/Reward ratio
EUR/AUD: 2.6-6.7 = -4.1
Forecast: SELL
LWMA 6 All chart: SELL
Forecast: SELL
***************************************
Technical:
Find opportunity collecting up and SELL near middle of parallels
Set RR 1:2 TP at bottom trendline and SL at AOV
*ROC: Rate of change in 1 Week
**LWMA: Linear weight moving average
***AOV: Area of value (Purple zone)
****RR: Risk/Reward ratio
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.
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.