EURAUD Technical Analysis 22-06-2020

by | Jun 22, 2020

WEEKLY
DAILY
4 HOURLY

Our Technical analysis are based on Cloundra Propriety system, which has proven 85% accuracy in providing the next market movement. Readers need to learn Cloundra Trading System for them to understand this technical analysis.

Weekly: The Current Market on the weekly time frames developed Kangaroo tail with almost all of the Cloundra bands are in the lower reversal zone. The Market is in a tight range for the last couple of weeks, and it is going to continue this week and the next. Any possible trade setup needs to find on the lower timeframe.

Daily: The impact of the Kangaroo tail is visible on the daily timeframe as well, however, a high probability trade setup on this timeframe is CX for Short and, the expectation of an upper CGD due to GGTL breakout

H4: On this timeframe, we can expect a CGD below CPC, which is aligned with the CX trade setup on the Daily timeframe.

Next trade setup: Aim for a lower CGD on the H4 and then upper CGD on the Daily and then lower CPD for CX