Trade idea - EURAUD Long
Updated
4H
Bullish impulse / break of last LH: indication.
Inverse Head & Shoulders pattern: confirmation.
Clear support & resistance zone is there.
From 1H perspective: Corrective approach towards entry zone.
= Buy limit.
1.5% risk.
Bullish impulse / break of last LH: indication.
Inverse Head & Shoulders pattern: confirmation.
Clear support & resistance zone is there.
From 1H perspective: Corrective approach towards entry zone.
= Buy limit.
1.5% risk.
Comment
MONTHLY
Inverse Head & Shoulders pattern potentially in play.
Clear support & resistance zone is there.
Comment
WEEKLY
Pattern within pattern can be there:
Inverse Head & Shoulders, Bullish Fake Out flag.
Clear support & resistance zone is there.
Comment
DAILY
-68 Fibonacci has been completed.
Trade active
ActiveTrade closed: stop reached
-1.5%
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