Lingrid | EURAUD short from the Strong RESISTANCE

1416
The price perfectly fulfilled my previous idea. It hit the target level. The overall market trend is bearish, with EURAUD consistently making lower lows and lower closes. Despite breaking out of the resistance zone earlier, the price has pulled back to that same zone after a recent impulsive bearish move. The market is now heading towards the conjunction zone, where it intersects with both the channel and an upward trendline. Given the bearish market sentiment, I expect the price to fall from the resistance level. My goal is the support level at 1.61060

Lingrid | EURAUD short OPPORTUNITY in CHOPPY market


Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.