EURAUD Analysis 4H TimeFrame - Perfect SetUp for Entry
EURAUD (PipsPayTheBills):
The black arrows are the price movements.
Red Arrow is the SHORT (Sell) trade.
Green Arrow is the LONG (Sell) trade.
Price has been seen to be ranging between B and C Zone. These two zones have been tested several times.
We are to wait for a breakout and retest of the zone to trigger a trade. Be careful to trade the first breakout, price has high probability of retesting the zone again before it continues its trend movement.
Quality over Quantity is our goal with high probability.
Trade is invalid if these conditions are not met.
The black arrows are the price movements.
Red Arrow is the SHORT (Sell) trade.
Green Arrow is the LONG (Sell) trade.
Price has been seen to be ranging between B and C Zone. These two zones have been tested several times.
We are to wait for a breakout and retest of the zone to trigger a trade. Be careful to trade the first breakout, price has high probability of retesting the zone again before it continues its trend movement.
Quality over Quantity is our goal with high probability.
Trade is invalid if these conditions are not met.