garciaohk

EURAUD H4 LONG PRICE ACTION FORECAST

Long
OANDA:EURAUD   Euro / Australian Dollar
Price action forming the bullish pattern of clear HH&HL, currently testing the golden fib level signaling the probable end of correction for further uptrend continuation to a new swing high.

Price structure allows the placement of a long order with the following setup.

The order:
Type: buy-stop
S/L: 51 pips - R:R | 1:3.5 -
T/P: resistance level

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