EUR/AUD Long-Term Trend: Bearish
Key Resistance Levels: 1.4410, 1.4469, 1.4528
Key Support Levels: 1.4278, 1.4210, 1.4169
The price on the higher time frame has been in a downtrend for the last few weeks and it is showing good momentum. Recently the pair did a pullback and faced rejection at the 1.5293 level. It has broken a level of 1.4381 and sustained below that which indicates a bearish bias.
EUR/AUD Medium-Term Trend: Bearish
On the lower time frame, the pair is moving in the major trend’s direction. The price recently broke the lower range of 1.4469 after consolidating for some time. It has also broken and retested another minor level of 1.4410 before continuing the momentum.
Sell Stop Order @ 1.4359
TP 1 @ 1.4286
TP 2 @ 1.4213
Stop Loss @ 1.4432
Trade Safely 🙂
HI, This signal hit tp 1 just now. I recently came across Patrick Ryan and love his stuff. Im beginner trader. I’d like to ask where to start from. Like which books/courses would be best for me. Thanks in advance.
I am starting to learn Forex, i have not yet started but only learning. Hoping to become the great FX Trader soon. I like your service either.
Good to know this I wish you all the best.
Vipul i think your from india, is forex trading is legal in india? If yes, how the taxes are collected in india
I am also a beginner and learn a lot from your analysis.
I trade your signals in my demo account and had a profit off 2200-, euro already with 2 contracts.
Thanks and keep up the good work.
Hola ! Una pequeña inquietud que tengo, al meter la operación en cuanto tiempo opera ? En velas 30 minutos? Y lo otro no dice la hora de la Operativa. Gracias