Potential for a long term sell on EURAUD form the previous high and Key Level 1.64. End of the 5th cycle in the Elliot wave as well as beginning of the new quarter, hence repositioning for the short possible. Lets see today if the 4PM reversal tags and falls.
Hey tradomaniacs, welcome to another free trade-plan . Important: This is meant to be a preparation for you. As always we will have to wait for a confirmation. Market-Sell: 1,64200 Stop-Loss: 1,65310 Target 1: 1,63130 Target 2: 1,62610 Target 3: 1,61990 Stop-Loss: 111 pips Risk: 1% Risk-Reward: 2,0 LEAVE A LIKE AND A COMMENT - I appreciate every...
Sorry for the cluttery chart. Lots going on. Head and Shoulders (Messy) on daily, as well as crossing swing trendlines, with a wide zone. Good R:R, but lots of support for price to break in order for this trade to be valid.
euraud potential short. EJ looks cleaner, but it is very similar. May be more ideal bc Sydney session & Asian session are approaching
A trade I forgot to post yesterday. You can see it on my instagram (@9to5trader). See HTF Head and Shoulders, Fibs, and institutional resistance. Perfect setup.
FX:EURAUD Target entry @ HNS Right Shoulder - 1.5800 SL @ 1.5910 TP @ 1.5500 TRADE AT YOUR OWN RISK