CORRECTIVE STRUCTURE IN EURAUD - 1H CHART
Updated
Hey guys,
We had a big impulse down and now analyzing the corrective structure.
I've used help of a harmonic pattern; however, we need to get the final confirmations to sell.
I would wait for the market to brake trendline and then look for a flag to sell.
Carlos
We had a big impulse down and now analyzing the corrective structure.
I've used help of a harmonic pattern; however, we need to get the final confirmations to sell.
I would wait for the market to brake trendline and then look for a flag to sell.
Carlos
Trade closed: target reached
Market broke the downtrend consolidation and we hit stoploss to brake even so we are out of the trade with 20 pips in profit. Now we may look into patterns like buy set ups.
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.