Get started
Matt1994

EURAUD - MULTI-DAY 'M' FORMING

Short
Euro / Australian Dollar (FX:EURAUD)  
Matt1994  
FX:EURAUD   Euro / Australian Dollar
Beyond Technical Analysis EURAUD euraudshort euraudanalysis euraudsell euraudbearish euraudforecast euraudsetup
4
0
beyondta euraud euraudshort euraudanalysis euraudsell euraudbearish euraudforecast euraudsetup
Hey folks,

Here's the analysis for the day for EURAUD.

We currently have a nice multi-day forming right at the last zoneflip before the anchor structure.

If this H1 candle closes BELOW 13 EMA we have a 2nd leg nameable pattern (Morning Star) and we're going to enter the trade!

Target will be around @1.6075.

Let's see what happens :D
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.