Upcoming Long on EURAUDOANDA:EURAUD
Data
More than 70% open position on Short
Volatility is somewhat strong at 4.278% (Above 5% is great)
Buy Stop at 1.609
Sell Stop at 1.599
Prediction:
Market will reverse to hunt that Buy Stop order at 1.609
Market may keep rising to hunt another one at 1.61
At this point, there is no immediate resistance (sell orders) so price may keep shooting up
When price goes down, it will keep decline to hunt Sell Stop at 1.599
OR price may go down to hunt Sell Stop first and then Buy Stop
Audjpyidea
AUDJPY - weekly structure completedPlease note, all information presented here is for educational purposes only and is not intended to provide financial advice.
- 3 drive weekly structure completed going to Sunday/Monday
- we will see a 2618 trade on the 15 min chat or it can go further for stop hunting last week highs
AUDJPY ALERT - Sale is upon us :)AUDJPY has hit the top now. i am expecting this
bulls to come back in now. if it breaks the blue support
line then its should be going up.
Also Stoch RSI is in overbought territory
in the 2H chart.
See previous analysis
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AUDJPY BUY coming - jump in :)AUDJPY has retraced a fair bit now. i am expecting this
buys to come back in now. if it breaks the blue support
line then its should be going down.
Also Stoch RSI is in oversold territory in the 1H chart. so i have getting ready for this to move soon
See previous analysis
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