EURAUD LONG
I am going long on EURAUD for a few reasons.
1) Price hit a demand zone and FVG. Demand zones are areas in which had a great value of orders and price abruptly
took off from that area on an impulse. Price has to mitigate and balance the markets. Causing pullbacks before continuing its course. - I have marked the demand zone
2) There is a Break of structure currently broken on the HR 1. I have taken my position on the current mitigation
My take profit is currently targeting the Supply zone.
This is not investment advice. Trade at your own risk. My analysis is for fun only.
1) Price hit a demand zone and FVG. Demand zones are areas in which had a great value of orders and price abruptly
took off from that area on an impulse. Price has to mitigate and balance the markets. Causing pullbacks before continuing its course. - I have marked the demand zone
2) There is a Break of structure currently broken on the HR 1. I have taken my position on the current mitigation
My take profit is currently targeting the Supply zone.
This is not investment advice. Trade at your own risk. My analysis is for fun only.
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