EURAUD - Waiting patiently that the price will reach the demand

FX:EURAUD   Euro Fx/Australian Dollar
EURAUD             is going down. I wait patiently the testing of the demand for a buy opportunity. Inside the demand level drawn on the weekly chart I keep my focus on 2 price ranges for my buy trades.

I marked on the chart 3 potential entry points for a buy trade. the one in the middle is on a support but I can consider it riskier than the others. If the price will drop down deeper in the demand I would exclude this entry point keeping my focus to buy in the dip in the bottom of the demand according with my trading plan .

What do you think about this currency?

Thank you
Girolamo Aloe

Supply and Demand Trading Mentor. Author. Cyclist.
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