FX:EURAUD   Euro Fx/Australian Dollar
91 3 6
FINISH MY IDEA
i would wait for a bullish signal to go long and my stop will be the last low, tp1 0,236 fib tp2 let it run at break even
+1 Reply
Buy set up at the demand green zone. SL at the last low. Watch over the 0.236 to TP1 (50% of the lot size) TP.2 at the resistance level below 0.50 (25% of the lot size). Watch for retacements to add some more TP3 at the supply zone (red line) to liquidate position,
+1 Reply
My idea would be to wait until it gives a clear direction. Right now the down trend is very convoluted with impulses in both direction. There are a lot of pairs to chose from so the smart money is if the trade is not clear and concise stay away from it. Good luck
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