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TheTradersAvenue
Oct 16, 2022 10:41 AM

EURAUD > A Beautiful Bullish Setup You Don't Want to Miss!! Long

Euro Fx/Australian DollarFXCM

Description

Analysis of #EURAUD


The EURAUD is moving strongly to the upside, and you know the saying " the trend is your friend" we better look at buying only in this market.

as can see from my chart we have a clear break and close of a strong previous resistance level which as you know will become a strong support level.

if the market comes and tests the 1.5300-1.5350 zone, I will wait for the market to provide a reversal pattern on the lower time frame to get in buy trade to target the next level of resistance.






Thanks for your continued support!
Comments
AtlasTrades
Nice euraud outlook mate, I mostly agree with you
YMGroup
Good euraud idea, agree! Thank you
ProjectSyndicate
solid overview and great charting today
DeGRAM
Thank you. Great job.
UnknownUnicorn15614419
Great Insight 👍🏼 Thanks for sharing
Mihai_Iacob
Interesting outlook on euraud.
Thanks for sharing
InkyGrip
Great Job! Interesting view on EURAUD!
attilakantorx
Completely ignoring the lower time frame' reversal patterns...
Michael_Winner
Nice analysis, many thanks mate.💡
FieryTrading
Well done mate, great idea
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