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CapMoore
Jan 27, 2014 11:21 AM

Entry Idea for Long EurAud  

Euro Fx/Australian DollarFXCM

Description

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.
Comments
PAGuy
Looking for the same thing, but around S2 on your chart is where I would prefer to go long, depends on PA.
CapMoore
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.
memesae
wow good idea!
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