New year and i'm back in forex for some long-term trades.
As it shows on the chart, this is my plan for EURAUD pair, looking for a full breakout above the green trendline that started on oct'20 and made, not very long ago, a double-bottom formation. Will wait for the retest and try to enter around 1.5700 ! This analysis will not be valid if price cant go and stay above 1.5700 or if it breaks below the short-term red trendline.
If it does breaks below the red trendline, will update with new chart.
Lets have an amazing 2023