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koumkouat

EURAUD Swing Long

Long
Euro / Australian Dollar (CAPITALCOM:EURAUD)  
koumkouat  
CAPITALCOM:EURAUD   Euro / Australian Dollar
Support and Resistance Supply and Demand Beyond Technical Analysis
3
2
supportandresistance supplyanddemand beyondta
-Reverse head and shoulders breaking the resistance line on Daily timeframe that come after the:
1)Shakeout scheme of monthly consolidation area.
2)Breakout of the consolidation zone of the Monthly timeframe.
-Stop loss below shoulders.
-1st Take Profit on the first reference point. (3.96 r/r)
-2nd Take Profit on the next one. (6.2 r/r)
-3rd Take Profit on the final. (8.6 r/r)

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