A brief overview of EURAUD. We recently broke a major key level in the market, potentially indicating a newly formed trend to the upside. New HH and HL have been put in before the break, and with 3 hours worth of information indicating a bullish sentiment, a retest of the previous structure and evidence of wick rejections could really help validate this potential trading opportunity. Remember this is just of my own opinion, this is not financial advice, this is for educational purposes ONLY!
Very helpful! Thanks a lot!
What do you think about my analysis:
RockzFX
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@VasilyPonomarev, I think you have the right idea buddy. Allow for the price to show you a strong break and close above structure to confirm the potential reversal and bullish sentiment, and then you can start looking for your break and retest patters. All the best!