EURAUD, 1H possible buy after breakout
The price action has tried several times to break above 1.6182 level where a key level is sitting. Once it breaks out (wait for a 4H candle to close above the key level and comes for a retest), we can open a buy entry. Possible targets are 1.6228 and 1.6278 respectively.
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Disclaimer: This is not a signal, this analysis is for educational purpose only. Please do your own technical analysis and get into the trade with your own risk when you find a valid entry.
If you do like this idea, please hit the like button.
Disclaimer: This is not a signal, this analysis is for educational purpose only. Please do your own technical analysis and get into the trade with your own risk when you find a valid entry.
Comment:
1 TP level achieved.
Comment:
2nd TP already reached, the price action shows a strong bullish momentum.