Analysis of #EURAUD
Hi traders, today we will have a look at #EURAUD
as you can see on my chat we now have an invalid bat or Gartley pattern, doesn't matter what we call it now
it is not valid now because the market has broken its support level, right now I am anticipating the market keep pushing down to test the next level of support near 1.5300.
you see you know why I always wait for confirmation on harmonic patterns before I get in the trade unless it is at a really very strong resistance or support level that has been tested before for that I might set a limit order to get in
if the market keeps pushing down to test the next level of support I will be looking to buy the market and what I will be doing is drop on the lower time frame and look for a reversal pattern and confirmation before getting in a trade
I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one
Thanks for your continued support!
Hi traders, today we will have a look at #EURAUD
as you can see on my chat we now have an invalid bat or Gartley pattern, doesn't matter what we call it now
it is not valid now because the market has broken its support level, right now I am anticipating the market keep pushing down to test the next level of support near 1.5300.
you see you know why I always wait for confirmation on harmonic patterns before I get in the trade unless it is at a really very strong resistance or support level that has been tested before for that I might set a limit order to get in
if the market keeps pushing down to test the next level of support I will be looking to buy the market and what I will be doing is drop on the lower time frame and look for a reversal pattern and confirmation before getting in a trade
I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one
Thanks for your continued support!
