EURAUD has been falling in September but it seems like there is a bottom out happening.
Here are the reasons this bat pattern may work out.
1) There is a daily inverted head and shoulder forming.
2) There is a trendline support
3) A H4 bat pattern is forming
4) Round number of 1.46 as well.
I will keep an eye on the bat pattern for a confirmation to go long.
Here are the reasons this bat pattern may work out.
1) There is a daily inverted head and shoulder forming.
2) There is a trendline support
3) A H4 bat pattern is forming
4) Round number of 1.46 as well.
I will keep an eye on the bat pattern for a confirmation to go long.
Comentário:
The correct level where the pattern completes is 1.4560 and not 1.46
Trade ativo:
The trade hit the buy zone and is active now.
Comentário:
Trade is running with 100 pip profit. Switched to breakeven now.
Trade fechado manualmente:
This trade is closed with about 30 pips profit. Always important to protect your position when it moves in your favour.