Time Frame : 4hrs ------ 🔗 Key Technical / Direction ( Short After Retest ) Type : Mid Term Swing —————————— 💲Why We Enter'd This Trade ————————
....The reasons for entry are next at 1.64700.
....We have a resistance point... a monthly exchange of roles for the price has been broken.
....We also have a change zone of character that has been broken and the price has to be retested to make the movement healthy.
....We also have the lowest two weeks, and the lowest two-day price has broken them.
....We have a gold fibo extension of 0.618% at the re-testing area.
....We have an MRI that supports a fall in price and also protects our income from reflection.
Note
💵Pair Name EUR/AUD
RELATIVE PERFORMANCE High %
Time Frame : 4 hrs Scale Type : line chart + Candle Stick ------ 🔗 Key Technical / Direction ( Short / VIP Opportunity ) Type : Mid Term Swing —————————— Target Hit : 1 Account Growth : 5 % PIP Achieved : 50 P Last Target : 150 PIP
➡️ Team Gentle Gold , scalping gold, NAS100, and US30 with quick and precise strategies.
Telegram : t.me/GentleGoldTrading
➡️Team Golden Engine focuses on swing trading, providing strategic setup
Telegram : t.me/GoldenEngine1
Also on:
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.