EURAUD mean reversion sling shot

٧ ديسمبر ٢٠١٨

EURAUD had a huge gap down on December 3rd (TV charts don't know these gaps on FX for some reason). It bounced strong that day, consolidated on the 4th and been on a tear since. It's right at a cluster of resistance and I'm expecting the run to pause here for a bit.

Looking for a retrace to the previous swing point support where it should also hit the 10/20 EMA dynamic support. I'll look to long there on any meangingful bull candle on the 4h/6h/8h/1d charts.

١٤ ديسمبر ٢٠١٨

ملاحظة

Beautiful price action so far.. bouncing on a really clean level. Anyone long here?