Charts, Levels and Strategizing

EURAUD: Week of 30 December 2024

See weekly chart of EURAUD below for the discussion that follows.

EURAUD is at a big area of resistance. I will likely go short if I see bearish candlestick price action (confirmation).

Remember, always have your own trading plan and never follow other people blindly. Always know where you will be proven wrong on any trade and have stops in place. Stick to your stops and never bet the farm.

On Ideas: Please don’t take this as trading advise. Please do your own due diligence before entering any trade. Also see Disclaimers.

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