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TheSignalyst
May 22, 2020 9:37 AM

EURAUD potential 5R bullish idea Long

Euro Fx/Australian DollarFXCM

Description

on DAILY: EURAUD is sitting around strong support in purple 1.660 so we will be looking for objective buy setups on lower timeframes.

on M30: price formed an objective symmetrical triangle in red and broke it upward.

we also have divergence on MACD adding more confluence to our setup.
Comments
KlejdiCuni
Nice chart! Same forecast for EURAUD.
Thank you for sharing!

TheSignalyst
@KlejdiCuni, nice one 👌 good luck
KlejdiCuni
@TheSignalyst, Thank you!
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