Prediction analysis for EURAUD. This is my detailed analysis on my previous short ideas for EURAUD. Do comment and give me your views too. Thanks.
#1 Trend line broken. found SUPPORT at 38.2% Fib. #2 Pair Retest forming double tops. (MAY FORM TRIPLE TOPS if 61.8% don't hold) #3 Rebound at 61.8%(Possible Resistance) after touching major support level. #4 Watch for major support levels. #5 Overall Bearish on this pair
Entered Trade with 4 different TP.
TP 1 & TP 2 are breakeven trade. (RISK free trade after TP 1 & 2 hit ) TP 3 & 4 try to maximise profits and stretch to the max of the TP shown at 1.56078.
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