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Trading Analysis – 2024-08-12

EUR/USD Daily

The big triangle is still running, but there’s now hope for a breakout. However, a breakout shouldn’t last long in my opinion! Alternative: go long again at the bottom when it’s at the triangle.

AUD/USD Daily

I still think the 0.64440 level could be reachable for a pullback! If it continues to rise, the maximum has always been around 0.68, where it has always turned from there. Therefore, I’m running a 1-1-1.

EUR/CHF Daily

We’ve currently reached the 50% level and there could be a pullback, which I will use to re-long!

I’ve partially sold a large portion, rest with SL in profit.

It could also continue directly and result in a V, but I’m assuming a pullback.

I won’t short – that’s too dangerous!!!

AUD/NZD Daily

As soon as the price comes back into the top short zone, I will build up 1st shorts again!

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