EURAUD, NEW DIRECTION, POSSIBLE UPTREND
Price action on the lower time frame is showing signs of a potential uptrend toward the 1.6450 price area. The potential setup remains valid above the 1.6250 price area.
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Disclaimer: Trading foreign currencies (forex) is not appropriate for all investors, and the risks of forex trading can be substantial. You should carefully consider whether forex trading is right for you in light of your particular circumstances and financial resources.
Like/comment/follow to get notification updates on this and other ideas.
Disclaimer: Trading foreign currencies (forex) is not appropriate for all investors, and the risks of forex trading can be substantial. You should carefully consider whether forex trading is right for you in light of your particular circumstances and financial resources.
Trade closed manually:
Going into the weekend, the setup is invalidated until Market open on Monday, where re-analysis of the market will happen.
Comment:
The setup was invalidated at the breakeven point. No loss made