Potential 10X opportunity on EURAUD

Mar 10

Price is currently approaching a key demand level around 1.6265. If this level holds, we could potentially see price rally toward the major supply zone at 1.7300.

It this primary demand level fails to hold, the next area of interest remains the secondary demand at 1.6093, where we may anticipate a stronger liquidity-driven bullish reaction.

This bullish bias is based on the anticipation of the second shoulder of a potential Head and Shoulders formation currently developing on the higher timeframe (1D). Ordinarily, waiting for full confirmation would be the conservative approach, but this structure presents an early opportunity that may justify the risk.

From entry to target, this Bullish move is anticipated to play out between 11th March 2026 and 26th April 2026.

Once this rally completes and the right shoulder forms, we could then expect the second leg of the Head & Shoulders decline, potentially driving price toward 1.5710 – 1.5055, projected to occur from 26th April- Between (6th May and 26th June).

This setup presents a potential 10R opportunity if the structure unfolds as expected.

My Personal Funds Management Approach to this will be to divide my risk between this two potential bullish run scenarios

Scenario 1

BuyLimit@ 1.6265
StopLoss@ 1.6156

Scenario 2
BuyLimit@ 1.6092
StopLoss@ 1.5965

Both Scenarios with the same target @ 1.7300

If we are wrong, we'll be prepared for the next Opportunity

Trade Safe.
Patience is the Way!
Ieios

Mar 27

Trade active

Trade is Active and running

Here is a follow up on the repositioning