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Author Topic: EURAUD  (Read 124 times)

Offline SpinnakerFx

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    • SpinnakerFx
EURAUD
« on: October 20, 2019, 11:05:20 AM »
On request I am doing the analysis of EURAUD Daily.
Right now the pair is in a support zone as you can see in the picture, so the Sell trade should be at 1.62400 and with tp at 1.61000 to make a stop again. Therefore it is necessary to wait until this resistance is exceeded.
Based on the other longer-term analysis, I suggest that 2 trades - 1 be posted for the target indicated here and one for the target indicated at 1.42180.
In short, launch SELL STOP order at the point after support, or do nothing. Knowing how to wait in trading is a virtue.

 

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