Yemi_Fx1

Yemi_Fx1 | Short for EURAUD

Short
FX:EURAUD   Euro / Australian Dollar
Price is approaching an area of Value, which if hold/valid there'll be a call in price, looking for a formation of flag continuation pattern. Then
I'll be considering
  • A Risk entry type at the top of the bearish flag structure.

  • Reduced risk entry after the impulsive back down followed by another tight flag or break of the flag.

Share your thoughts in the comments and show your support for the idea by liking it. Thank you for your help.
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.