EURAUD ↗️ ↘️ Analysis Breakout .

Hello Everyone 🙋🏽‍♂️

As we could see at the end of the descending channel,
we had 3 bottom and the most recommended movement after the triple bottom is a ascending trend, so we had two scenarios her as we could se on the chart,

1️⃣ first one is the ascending trend which is the most common move to this pattern after testing the price 1.66885

2️⃣the second one is the descending move in the rectangle which is it possible movement after the price change the channel movement 1.64000 and which I don't prefer to trade it .

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manage your lot size as well and your SL and TP

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Disclaimer:
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It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market .

Comment:

Down soon