I'm looking at two things here on the EURAUD. Bigger picture is a potential bearish trend continuation trade as price action looks to make a retracement into a previous shelf of structure.
Around that same level lays a potential bearish butterfly pattern completing at 1.618 & 1.272 Fibonacci confluence. Adding to that we have more ratio confluence in the form of a 78.6 & 50% Fibonacci retracements from previous structure highs.
Just for a little added confidence this potential butterfly would complete a the 1.44000 which is a psychological round number.
If you didn't see it already (shame on you, lol) I broke down this trade in my most recent Weekend Review video on YouTube. youtube.com/watch?v=mhkg_pCkA6Y&list=UUVveEks3MWZqOsvzTF_LGQg
Today's my off day, but I wish you guys a great week of trading!
Akil
Around that same level lays a potential bearish butterfly pattern completing at 1.618 & 1.272 Fibonacci confluence. Adding to that we have more ratio confluence in the form of a 78.6 & 50% Fibonacci retracements from previous structure highs.
Just for a little added confidence this potential butterfly would complete a the 1.44000 which is a psychological round number.
If you didn't see it already (shame on you, lol) I broke down this trade in my most recent Weekend Review video on YouTube. youtube.com/watch?v=mhkg_pCkA6Y&list=UUVveEks3MWZqOsvzTF_LGQg
Today's my off day, but I wish you guys a great week of trading!
Akil
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The Trading Coach Podcast
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Free Trading Computer Guide - tradingcomputerbuyersguide.com/optin-629312741738938873920
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Learn About Our Courses, Community & Coaching at
tieronetrading.com/
The Trading Coach Podcast
anchor.fm/thetradingcoachpodcast
Free Trading Computer Guide - tradingcomputerbuyersguide.com/optin-629312741738938873920
tieronetrading.com/
The Trading Coach Podcast
anchor.fm/thetradingcoachpodcast
Free Trading Computer Guide - tradingcomputerbuyersguide.com/optin-629312741738938873920
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。