Long Opportunity EUR/AUD
Price has reached resistance that was previous support.
RSI is breaching resistance as well
Stochastics his coming out of oversold conditions
MACD crossing from negative side
BULLISH BIAS SINCE EURAUD HAS MAINTAINED CURRENT UPTREND.
My target, once candle closes will be near or at the pink resistance line. I am waiting until candle close for confirmation. This is the 4hr time frame, but I will be entering on 1hr.
Constructive criticism is needed, I am new to TA
Comment if you found this helpful.
RSI is breaching resistance as well
Stochastics his coming out of oversold conditions
MACD crossing from negative side
BULLISH BIAS SINCE EURAUD HAS MAINTAINED CURRENT UPTREND.
My target, once candle closes will be near or at the pink resistance line. I am waiting until candle close for confirmation. This is the 4hr time frame, but I will be entering on 1hr.
Constructive criticism is needed, I am new to TA
Comment if you found this helpful.
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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.