EURAUD buy idea
Hello,
I will be looking at this area for my buy on this pair. Here are my reasons:
1- We had a break of structure to the upside on the weekly timeframe
2- Same phenomenon happened on H4 and confirming the trend, we have successive higher highs, indication of an ascending trend
3-There is a volume divergence at the area of entry, sellers were exiting and buyers were entering the market.
I will be looking at this area for my buy on this pair. Here are my reasons:
1- We had a break of structure to the upside on the weekly timeframe
2- Same phenomenon happened on H4 and confirming the trend, we have successive higher highs, indication of an ascending trend
3-There is a volume divergence at the area of entry, sellers were exiting and buyers were entering the market.
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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.