EURAUD buys

N
@nsg_usd - 1 month ago
Quoted - godspowerdan

I'll be catching my buys from that key level

EURAUD- Yeah. The buys are valid, but i'm expecting it short term, until the daily bearish channel is invalidated.

N
@nsg_usd - 1 month ago
Quoted - nsg_usd

EURAUD- Yeah. The buys are valid, but i'm expecting it short term, until the daily bearish channel is invalidated.

EURAUD- I'm expecting this pattern to play out first. But an upside break above 1.6387 will invalidate the pattern, and i'll expect the buys to strengthen.

N
@nsg_usd - 1 month ago
Quoted - godspowerdan

Price has left me again

EURAUD- Pattern played out as expected.

G
@godspowerdan - 1 month ago
Quoted - nsg_usd

EURAUD- Pattern played out as expected.

If price breaks above that marked high, then the bias has changed to bullish.

Just watch out for the break of that high

N
@nsg_usd - 1 month ago
Quoted - godspowerdan

If price breaks above that marked high, then the bias has changed to bullish.

Just watch out for the break of that high

On EURAUD-After completing that pattern, I'll wait till next week to have a clear direction. currently, it is giving me mixed signals.

Meanwhile, I'm seeing potential for this pattern, If it invalidates the minor trend support.

N
@nsg_usd - 1 month ago
Quoted - godspowerdan

This is what i have on EURAUD, It is now bullish because it has broken structure to the upside

Okay.
EURAUD - The channel is beginning to stabilize for buys. I'll love to see the bearish channel invalidated before joining the buys.

N
@nsg_usd - 1 month ago
Quoted - nsg_usd

Okay.
EURAUD - The channel is beginning to stabilize for buys. I'll love to see the bearish channel invalidated before joining the buys.

EURAUD- Next, I want to see my classical pattern imprint, with the right shoulder forming outside the bearish channel as a break and retest of the trendline confluence with the internal resistance-becomes-support zone.

N
@nsg_usd - 1 month ago
Quoted - godspowerdan

I will watch out for how price will react from key level at 1.63676

EURAUD- without the invalidation of the bearish channel, I won't be expecting buys yet.

N
@nsg_usd - 1 month ago
Quoted - godspowerdan

It has gone down already

Price is currently bearish

Wow. The Sells are massive.

EURAUD- that's why trendlines are caution Lines. They can guide you to know a pullback that can turn to an impulse leg.

N
@nsg_usd - 1 month ago
Quoted - godspowerdan

Yeah true

I'll check out what EURAUD is up to in the higher timeframe

Alright. EURAUD- I'll be expecting the retest of the 1.63228 for another Drop down to 1.6200 support region.

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