EURAUD 18/2/2019
*UPDATE*
Currently holding small short position from false break out of TL up to key level 1.631 area. I have illustrated a few possible scenarios moving forward as to remove the need to break it down through text as all the information should be found on the chart.
CONFLUENCES I USE
FIBONACCI
TREND LINE
EMA
!!TECHNICAL ANALYSIS KEY!!
GREEN - BUY AREA/ZONE
RED- SELL AREA/ZONE
PURPLE - POINTS OF INTEREST/ AWAITING PRICE ACTION
*UPDATE*
Currently holding small short position from false break out of TL up to key level 1.631 area. I have illustrated a few possible scenarios moving forward as to remove the need to break it down through text as all the information should be found on the chart.
CONFLUENCES I USE
FIBONACCI
TREND LINE
EMA
!!TECHNICAL ANALYSIS KEY!!
GREEN - BUY AREA/ZONE
RED- SELL AREA/ZONE
PURPLE - POINTS OF INTEREST/ AWAITING PRICE ACTION