#EURAUD: Breakout Long | #FOREX
*Update: Stopped out
EURAUD Technical Analysis
I have published a bullish outlook for the pair last week you can find it here tradingview.com/v/G5tJFJCZ/
The price reached my first two targets before retracing back lower, where i think this is another opportunity to go long following the breakout above the 200-days SMA and the price has formed a bullish hammer candle hinting renewed bullish pressures.. I put my limit buy order a little bit lower due to money management reasons.
Be one of the first members of my new trading portal, check my new website thefxchannel.com/ , vote and subscribe. Thank you
Good luck, keep your stops tight..
twitter.com/thefxchannel
facebook.com/thefxchannel
plus.google.com/+Thefxchannel0
My best regards
Technician
EURAUD Technical Analysis
I have published a bullish outlook for the pair last week you can find it here tradingview.com/v/G5tJFJCZ/
The price reached my first two targets before retracing back lower, where i think this is another opportunity to go long following the breakout above the 200-days SMA and the price has formed a bullish hammer candle hinting renewed bullish pressures.. I put my limit buy order a little bit lower due to money management reasons.
Be one of the first members of my new trading portal, check my new website thefxchannel.com/ , vote and subscribe. Thank you
Good luck, keep your stops tight..
twitter.com/thefxchannel
facebook.com/thefxchannel
plus.google.com/+Thefxchannel0
My best regards
Technician
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