piphunters
Long

EURAUD: Buy breakout

FX:EURAUD   Euro Fx/Australian Dollar
1263 15 47
The pair has broken out of the smaller degree corrective structure to the upside, makes sense to buy the pair after a smaller degree consolidation above the broken structure.
Comment: The setups posted here are not trade calls and are intended for informative purpose only and I am unable to post everything here on Trading View, if you would like to get all my setups together with exact entries and exits with please visit http://www.thepiphunter.com and subscribe.

Wish you good trading!
I agree with the technicals, but cant say I see much strength in breadth across the EUR crosses at this time.
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piphunters BetBooth
AUD is the major driver for this pair, it's expected to weaken thus drive EURAUD up.
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BetBooth piphunters
I currently have a neutral bias on the AUD pairs so im observing at this point. You've given me valid information to consider though, thankyou.
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piphunters BetBooth
good luck
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thanks for sharing.............
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piphunters rajenderam40
you are welcome
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Thanks. Its working. Making profits even though i entered late
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nice
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stll a good entry ?
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piphunters king.cholette
depends on your risk appetite, I would wait for a decent pullback
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king.cholette piphunters
yah i just saw h4 nice short opportunies before to enter my trade in long side.
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piphunters king.cholette
good luck
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king.cholette piphunters
:)
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You do some good analysis but arrows pointing up on charts without take profits can be very misleading and give the impression price is going all the way. A few people are doing this on tradingview...it can mislead new traders into thinking that there is a big move
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piphunters marcus123
Thanks for your comments, I do not post trade calls here with TP and SL as my trading strategy is not based on exactly fixed TP and SL and I simply don't have the time to do such follow up here for each chart I post. These charts are intended to provide a general view of the market according to me and should not be traded without own strategy just because an arrow points the direction.
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