EURAUD - potential cup & handle
It's tricky to chart on lower time frames when on market open this weekend sequence gets missing. I'm curious how this chart will look on Monday.
There is over 70% bearish sentiment on EA currently, with mixed data for both currencies in the last week.
So my plan for this one is wait until Monday for German Ifo Business Climate news and see where it will position. If data won't be too bad, EA has opportunity to plot c&h and continue up.
Please note that dashed white downward channel is just a sketch for now.
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
There is over 70% bearish sentiment on EA currently, with mixed data for both currencies in the last week.
So my plan for this one is wait until Monday for German Ifo Business Climate news and see where it will position. If data won't be too bad, EA has opportunity to plot c&h and continue up.
Please note that dashed white downward channel is just a sketch for now.
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Ordem cancelada
Missed all the action.
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Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.