EURAUD sell trade once it goes to 50.00% and 61.80% levels.
Stop loss is about 36pips
We are looking to hit TP1= 158pips
This is a swing trade.
This trade can also hit the trendline and do a retest after that. It can go to Fib levels that i said before.
This is a high probability setup for me.
TP: 96.00 Monthly Support about more than 100pips
SL= 97.15. Stop loss is about 20pips
My thoughts are that Dollar is doing a pullback to the Weekly Zone then is going to my Monthly support @ 96.00
Always use RR.
Good luck! :)
I see a rejection from my Monthly Support for now @ 1.63000
My thoughts are that this pair is going to 50.00% and 61.80% Fib levels.
Stop Loss is 26pips
Take profit is 725pips
This trade is a Swing Trade and it will take time so we have to be patient.
It may hit our stop loss but the same thing can happen when it touch the Monthly Level @ 1.63000 and go all the...
A better explanation of this trade that i took last Friday.
USDCHF analysis Daily Timefrime, my thoughts are that this pair is going to drop even tho last candlestick took me out because my stop loss. I am entering again.
It is a lost trade if it closes above 78.6% area. If it does not it is a available trade.
Let's see what happens and always use RR.