"Top and Bottom Analysis" EUR/AUD by ThinkingAnts
4H CHART EXPLANATION:
In 4H timeframe we have two possible scenarios:
- Short vision: In case price breaks the Confluence Zone, we will be looking for short trades below
1.56700 towards the Daily Support Zone at 1.53700
- Long vision: as price is currently on a range, we can expect a retest of the resistance zone. In that case, we will be looking for long opportunities above
1.58900 towards the Resistance Zone at 1.60500
Updates Coming Soon!
MULTI TIMEFRAME VISION:
-Weekly
-Daily
In 4H timeframe we have two possible scenarios:
- Short vision: In case price breaks the Confluence Zone, we will be looking for short trades below
1.56700 towards the Daily Support Zone at 1.53700
- Long vision: as price is currently on a range, we can expect a retest of the resistance zone. In that case, we will be looking for long opportunities above
1.58900 towards the Resistance Zone at 1.60500
Updates Coming Soon!
MULTI TIMEFRAME VISION:
-Weekly
-Daily