EURAUD IS AT SUPPORT ZONE AND WE EXPECTING THE PRICE TO RALEY IF THE PRICE BREAKS THE SHORT TERM TREND LINE ON THE H4
PRICE BREAKS AND TESTS IT PRASS BUY
IF NOT AND BREAKS THE SUPPORT ZONE AND TESTS IT AS A RESISTANCE GO SHORT/SELL
SIMPLE SET UP WITH TOP DOWN ANALYSIS
PRICE IS AT SUPPORT ZONE AT DAILY CHART AND GET REJECTED WE ARE EXPECTING THE PRICE TO GO UO/HIGH THAT IS THE PRIMARY SET UP
SECONDARY SET UP IS THE PRICE BREAKS THE SUPPORT ZONE THEN WE GONNA SHORT IT/ SELL SIMPLE SET UP WITH TOP DOWN ANALYSIS
PRICE AT SUPPORT ZONE AT THE DAILY CHART ALSO AT THE LOWER TIME FRAME H4 AND H1 SO I AM WAITING for THE PRICE TO BREAK THAT ZONE AND RETEST IT AS A CEILING/RESISTANCE THEN ITS GOOD TO SELL.
IF NOT THE SECOND OPTION IS TO BUY IT AT THE RESISTANCE ZONE WHEN IT BREAKS AND RETEST IT AS A SUPPORT