EURAUD SHORT: Examination of last impulse for profit targets
Assuming EURAUD creates No new highs above current high of 1.70697 (High Via TOS Charts)
A list of targets bound for retest can be created on Daily charts from most recent price-impulse structure.
Retests are probable at:
1.67617
1.66289
1.65483 (Major Resistance! More like Key Take-Profit)
1.63945 (Upper Range boundary)
1.63591 (Governs if Price has more bearish potential to Buy-Zones)
1.6252 (Take-Profit on retest)
1.62358 (Take-Profit on retest)
1.61962 (Buy-Zone to Hi 1.70697)
1.60663 (Take-Profit on retest)
1.60135 (Buy-Zone to Hi 1.70697)
1.5932 (Lower Range boundary)
1.56979 (Future Buy-Zone)
1.53612 (Future Buy-Zone)
1.53656 (Future Buy-Zone)
1.48499 (Future Buy-Zone)
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A list of targets bound for retest can be created on Daily charts from most recent price-impulse structure.
Retests are probable at:
1.67617
1.66289
1.65483 (Major Resistance! More like Key Take-Profit)
1.63945 (Upper Range boundary)
1.63591 (Governs if Price has more bearish potential to Buy-Zones)
1.6252 (Take-Profit on retest)
1.62358 (Take-Profit on retest)
1.61962 (Buy-Zone to Hi 1.70697)
1.60663 (Take-Profit on retest)
1.60135 (Buy-Zone to Hi 1.70697)
1.5932 (Lower Range boundary)
1.56979 (Future Buy-Zone)
1.53612 (Future Buy-Zone)
1.53656 (Future Buy-Zone)
1.48499 (Future Buy-Zone)
Like this Idea?
Like, Share, Follow, and Support this channel for yet better content.