Is EURAUD Long-term?
Zaktualizowano
I've focused on EURAUD for a month now. And I only follow big-trend trade.
My trading method is Demand supply zone and line + Fibo + Volume profile and Any pattern that may occur in the chart.
Analysis Time (I can't show my specific entry-trade position)
1. I found that there is an uptrend that is a W.5 on Eiiotwave (That may go up to 1.271.382/1.618).
2. Head and shoulders occur on Wave correction (W.4). That might be It will be time to move on.
3. Use any method to find the entry (Fibo, Indy, or Zone).
4. Hold the trade till it reaches 1.271, or enter when it retests, and Exit when it reaches the trade level.
My trading method is Demand supply zone and line + Fibo + Volume profile and Any pattern that may occur in the chart.
Analysis Time (I can't show my specific entry-trade position)
1. I found that there is an uptrend that is a W.5 on Eiiotwave (That may go up to 1.271.382/1.618).
2. Head and shoulders occur on Wave correction (W.4). That might be It will be time to move on.
3. Use any method to find the entry (Fibo, Indy, or Zone).
4. Hold the trade till it reaches 1.271, or enter when it retests, and Exit when it reaches the trade level.
Uwaga
I found that a harmonic pattern is forming (Gartley Harmonic). So, they might go up to yellow line, that is 78.6% of the pattern, and then go down to 1.628xx-1.630xx and pull back to complete the head and shoulder pattern to continue the uptrend.
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