The EURAUD price was increased significantly last few days. The market got closed to the resistance zone at 1.5936 and completed the bat pattern formation. The selling orders are expected at the resistance, plus bat pattern increases the probability of this trade. I await the market open on Monday to avoid any unpredictable move and then go short.
T1 – 38.2%
T2 – 61.8%
T1 – 38.2%
T2 – 61.8%
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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.