Sphinx_Trading

Sphinx_Trading

Here is a new idea on EUR/AUD to catch 600, We think that price may start to build a new uptrend after making a triple bottom pattern also we have a breakout from the last downtrend trendline. It's a clear breakout from this swing point trendline and zone area, So we can wait for a retest for another confirmation back to 1.54750 then we can put a long setup.

00:52

Sphinx_Trading

This is an educational content that will give you some ideas and also teach why and how to enter a trade with pure price action Make sure you watch the price action closely in each analysis. Note: This analysis is not an investment advice it will only give you some ideas on the charts.

00:50

Sphinx_Trading

This is an educational content that will give you some ideas and also teach why and how to enter a trade with pure price action Make sure you watch the price action closely in each analysis. Note: This analysis is not an investment advice it will only give you some ideas on the charts.

Sphinx_Trading Updated 

We see that price made triple bottom and price in a descending upper trendline but also we can observe weakness in bearish while we predicted strong pull down to break the the pattern, so we can here place a trade and predict the bullish to reach the previous higher high at least.