Targeting the Golden Fibonacci Level for Shorts

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EUR/AUD Analysis: Potential Move Up to the Golden Fibonacci Level

Based on Fibonacci levels and structural analysis, we might see EURAUD move up toward the golden Fibonacci level, presenting a potential selling opportunity. Once the price reaches this level, it will be essential to observe how the market reacts.

Our target is the next order block above. If we see rejection at this level and the formation of a bearish structure, we will consider looking for short positions.

Trade geschlossen: Ziel wurde erreicht
Got our beautiful TP Target 3.68 RR
Trade geschlossen: Ziel wurde erreicht
we got it
FibonacciSupport and ResistanceTrend Analysis

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