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DrSwing_Forex

EURAUD (1Hour): A toast to a bullish week✔

Long
Euro / Australian Dollar (OANDA:EURAUD)  
DrSwing_Forex  
OANDA:EURAUD   Euro / Australian Dollar
Trend Analysis Trend Lines Support and Resistance
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trendanalysis trendline supportandresistance
Chart Breakdown📈

  • Daily Timeframe
    Downtrend in place.
    3rd touch buy setup on uptrend trendline + support which hints at a possible trend change.

  • 4Hour Timeframe
    Uptrend in place.
    This uptrend is backed by the breakout that occurred on the downward trendline.

  • 1Hour Timeframe
    Uptrend in place.
    I'm anticipating price action to touch the uptrend trendline which might result in a massive swing opportunity.

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