CapMoore

Entry Idea for Long EurAud

FX:EURAUD   Euro / Australian Dollar
143 3 2
IF price finds support around horizontal blue line (previous
tops) and Pivot confluence as well as bottom of a
flag, the target is the length of the pole from the
breakout level, approx. around 1,62.
Looking for the same thing, but around S2 on your chart is where I would prefer to go long, depends on PA.
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I see, its also a good level. My entry at the Weekly PP worked well, price touched it like a hot plate
and went up 30 pips, Its a risk free trade right now, For a more serious move up price needs to take
out that upper border of the flag.
Reply
wow good idea!
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