EUR AUD short Term Sell trade in D1 Time Frame as we can see up thrust in daily Bar is closing on its low and increasing volume , it is all about VSA technical analysis.
#eur #aud
here got two possibility,
1, bullish cypher halfway buy setup can take profit
at (156.530) or 0.786 fib lvl from C-D
2, double top sell setup, neckline inside rectangle and can take
profit at (148.459) or second pole from neckline to top
hi
price is near end of minor down trend bcuz of not LL in M15 and M30 time frame.
price is near start of major up trend in Daily time frame.
price rejected from high 30 days RSI 30 level and its near end of seller level.
price rejected from high resistance 0.7263 price level
Now it can be volatile time. Be ready.
Its not good buy all in now.
Build your position in parts. I marked important zones (support with green price line).
It is good to average the price. Your emotions will be protected :)
Now its very difficult identify the right value. Therefore, I recommend gradually buy and average price.
Here are the important levels - green lines
I wish you many successful trades :)
Now its very difficult identify the right value. Therefore, I recommend gradually buy and average price.
Here are the important levels - green lines
I wish you many successful trades :)
This strategy is very simple and conservative
You divide the purchases into parts, you never buy all in
Each zone has 3 parts
You divide your capital into 6 parts and gradually buy it
in case the price reaches the remote purchasing zone, you keep part of the capital
An example will be $ 10,000
2000 $ you will hide for the worst times (remote area)
8000...
