CoinCaller

EURAUD TRADING THE RANGE

Short
FX:EURAUD   Euro / Australian Dollar
PRICE ACTION IS CURRENTLY BOUNCING BETWEEN A TRADING RANGE ( 2 HIGHLIGHTED AREAS ON THE CHART) I SEE THIS PAIR MAKING YET ANOTHER MOVE TO THE DOWNSIDE, A H&S PATTERN HAS FOFRMED ON THE 1 HR WHICH IS WHY THE SL IS WHERE IT IS (PRECISE ENTRY) ALTERNATIVELY CAN LOOK FOR SL ABOVE RIGHT SHOULDER FOR LOWER RR TRADE.
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.