EURAUD still going strong

2018년 4월 25일

On a weekly TF, chart is showing divergence but on the Daily and H4, EURAUD still has momentum up its sleeve.

Looking for a pullback down to 1.272 area to enter a trade with a target going to 2 extension that is also in confluence to the bigger 2.618 of the Daily.

I set an alarm when price is breaking the counter trendline.

2018년 4월 26일

노트

Counter-trendline triggered hours ago. We'll see if price breaks the 1.605 price area and close below it, invalidating our idea. Otherwise, market will continue to be bullish.

2018년 4월 26일

노트

The chart from the comment above.

2018년 4월 27일

노트

This idea was invalidated after breaking our .236 area below.

Please see new updated chart for this pair: