Price is above the buy/sell line and as been consolidating for 10 days in 208 pips price range.
So we are waiting for upside breakout to go long the EURAUD if it trades at 1.4897 or higher. If triggered, place your stop at 1.4689 and exit the position for a profit at 1.5379 or at your own discretion. (Signals are valid until otherwise advised. Always invest wisely).
In this idea you don’t get the following:
1. How to identify the trade setup 2. How to identify short term trend 3. How to protect gains in your trade 4. Market deciding price exit for large moves in the market 5. Money management 6. Buy/Sell line which let you know when to buy or when to sell 7. Rules of gap opening