Hey Guys!
Here's another quick analysis of the EUR/AUD - works cohesively with my AUDUSD trade entry I just shared.
Here we saw a few days ago there was a huge break of the Bear Flag that was created, and now we're just searching until we find the bottom, this isn't a counter trend trade, more of a trade with a retracement entry, it looks very, very beautiful until we find the bottom of this push (still very far from the structure beginning)
On the daily, RSI and MacD indicate that this short sell off is still coming strong, lets see how this trade goes!
Goodluck Trading
Jacques
Here's another quick analysis of the EUR/AUD - works cohesively with my AUDUSD trade entry I just shared.
Here we saw a few days ago there was a huge break of the Bear Flag that was created, and now we're just searching until we find the bottom, this isn't a counter trend trade, more of a trade with a retracement entry, it looks very, very beautiful until we find the bottom of this push (still very far from the structure beginning)
On the daily, RSI and MacD indicate that this short sell off is still coming strong, lets see how this trade goes!
Goodluck Trading
Jacques