EURAUD H4: TP +300 pips BULLS H*S pattern BUY LOW (SL/TP)

14 בפבר׳ 2023

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EURAUD H4: TP +300 pips BULLS H*S pattern BUY LOW (SL/TP)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as LONG because I expect more gains
until we hit S/R at 5650

🔸 Summary and potential trade setup
::: EURAUD 4hour chart review outlook
::: H*S speculative setup
::: expecting EURAUD to outperform
::: RISK OFF mode soon
::: will boost EURAUD mid-term
::: expecting a strong bull run soon
::: after we complete throwback/pullback
::: 5300/5340 BEARS targeting neckline of structure
::: BULLS stay out and buy low instead
::: recommended strategy: BUY LOW neckline re-test
::: SL 60 pips TP1 +150 pips TP2 +300 pips
::: 5640/ 60 strong resistance overhead
::: BULLS will target re-test of LEFT/RIGHT structure
::: BULLS should BUY/HOLD LOW exit +400 pips
::: BEARS wait until we max out near 5650
::: and get ready to SHORT from S/R
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: 5650 fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS/PULLBACK
::: Sentiment outlook mid-term: STRONG BULLS
::: Global Sentiment: RISK OFF / will boost EURAUD

RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.

15 בפבר׳ 2023

הערה

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