Take position EURAUD ANALYSIS
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Take position in the sense of the trend.
Fibonacci correction of the price in 0.618 ZONE
correction as a pullback on the resistance
Doji candle as a downtrend
Trend sense
MA 50 as a support on the same blue support to consolidate the structure with a sort of a double support
Fibonacci correction of the price in 0.618 ZONE
correction as a pullback on the resistance
Doji candle as a downtrend
Trend sense
MA 50 as a support on the same blue support to consolidate the structure with a sort of a double support
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I stopped my trade at the stop loss and took the exact same at 1.54704 When the price touched the resistance. Same scenario, but at another time.
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