EURAUD: Shorting forecast
Following up my weekly trade i've been monitoring price action on H1 for potential entries (or stops..).
There are a few important places I'll be looking at price action.
First stop is where the H1 trendline meets H1 S&R. If I get nice confirmation I'll take the move to the somewhat stronger purple line, and potentially to the 2 trendlines crossing.
Depending on price action the next few days, we'll be looking for more shorts. Especially in the shorting zone, where we can get a great risk/reward ratio.
If price decides to rise and close above the H1 trendline, shorts are invalid and we'll need more information.
There are a few important places I'll be looking at price action.
First stop is where the H1 trendline meets H1 S&R. If I get nice confirmation I'll take the move to the somewhat stronger purple line, and potentially to the 2 trendlines crossing.
Depending on price action the next few days, we'll be looking for more shorts. Especially in the shorting zone, where we can get a great risk/reward ratio.
If price decides to rise and close above the H1 trendline, shorts are invalid and we'll need more information.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.