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Cas4xx

Will the Up Trend continue? EURAUD long trade setup...

Long
Euro / Australian Dollar (FX:EURAUD)  
Cas4xx Updated   
FX:EURAUD   Euro / Australian Dollar
Trend Analysis Support and Resistance Trend Lines
4
0
trendanalysis supportandresistance trendline
On the daily chart you can see a Up Trend started on December 2018. Price bounced up from the trend line last week, so I expect a move up at least touching the last Neckline @1.63. Today we will see if Price really found support @1.61. I already opened my trade with a SL @1.605 because Price could jump up very fast very soon.

I will just wait and see. Be patient and let the market do the work!
Trade closed: stop reached:
Got stomped out today, but I still think the setup is valid so I will wait till the next opportunity to go long. Unless the trend line gets broken.
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