Flag formation on EURAUD, watch for a breakout shortly today into London session.
Please see my past ideas on EURAUD, this is a pair I will be buying up for the next few weeks.
Indicators:
1. Weekly RSI in buy zone
2. Upwards weekly channel and a strong bounce from bottom of channel
3. Higher highs, higher lows created
Entry
1. Bottom of Flag for aggressive entry
2. Support at 1.6375 area
TP 1: 1.6565 area
TP 2: 1.6770 area
Good luck!
Let me know if you have any questions.
Charles V
www.cvfxmanagement.com
@cvfxwealth
Trading made simple
Please see my past ideas on EURAUD, this is a pair I will be buying up for the next few weeks.
Indicators:
1. Weekly RSI in buy zone
2. Upwards weekly channel and a strong bounce from bottom of channel
3. Higher highs, higher lows created
Entry
1. Bottom of Flag for aggressive entry
2. Support at 1.6375 area
TP 1: 1.6565 area
TP 2: 1.6770 area
Good luck!
Let me know if you have any questions.
Charles V
www.cvfxmanagement.com
@cvfxwealth
Trading made simple
Comment:
Flag broken upwards, if you entered at bottom of flag you are probably up 80-100 pips right now. Will reenter on retrace.
