EURAUD Technical Analysis: 11 January 2016, Monday, 1.48pm Singapore Time

EURAUD Technical Analysis: 

11 January 2016, Monday, 1.48pm Singapore Time

Technical Analysis as attached.

EURAUD:

Uptrend

The trend is your best friend.

Multiple supports at the light green zones.

Donovan Norfolk Ang

Click "Share" on the Facebook icon at the bottom of this thread if you like it, or 

if you would like to start a discussion about it with friends on your Facebook Wall.

EURAUD Technical Analysis For Your Learning: 8 January 2016, Friday

The 2 blue spots: entry buys.

It is a long because the market persistently tested the classical resistance relentlessly (clear show of intention in 5min chart) and penetrated the R=1.55000, suggesting bullishness.
TP on immediate breakup.

Waited for a while before the sell is to be clicked for profits taking, this is the results:

Profits in this small trade: 

S$14,000++ SGD in 3-4 hours.

Cumulative: 
+ S$14,296 SGD

Donovan Norfolk Ang

Click "Share" on the Facebook icon at the bottom of this thread if you like it, or 

if you would like to start a discussion about it with friends on your Facebook Wall.