FX:EURAUD   Euro / Australian Dollar
91 3 6
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
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
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
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