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primetimefox
Sep 4, 2022 11:54 PM

EURAUD: Long Term Buy Long

Euro Fx/Australian DollarFXCM

Description

From a swing trading perspective, I am bullish on EURAUD.

Confirmations for buying opportunities are being built around a current pullback on the 8hr timeframe's extension leg, continuing the current uptrend.

This depcited trade will have a 1:3 Risk:Reward, with 2% risk on the trade in the event price pulls further into the area of interest.

Comments
Tradersweekly
Thanks for the analysis.
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