EURAUD LONG
AS WE CAN SEE, PRICE FOUND SUPPORT ON THE MONTHLY TIMEFRAME AND RETRACED BACK UP. I'M WAITING TO SEE IF THE PRICE WILL BREAK AND RETEST THE ORANGE BOX. IF SO, I WILL ENTER A BUY. THIS IS THE DAILY TIMEFRAME I USE TO FIND MY BIAS. 4H TIMEFRAME WILL DETERMINE MY ENTRY, AND WITH CONFIRMATION FROM THE 1H, 30M, 15M, I WILL MAKE SURE THAT THE PRICE WILL MOVE UPWARDS. THEN AND ONLY THEN I WILL TAKE THE TRADE.
Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.