Euro / Australian Dollar
Long

EurAud

AB=CD terminates @ 1.4740 handle along with good demand zone between 1.4840-1.4710 handle of h4 TF. The swing pattern analysis too suggest the long position. Stop LVL ordinarily should be below 1.4710 handle, but you can fine tune it with help of smaller TF entries, I prefer smaller TF entries as it favors very healthy R:R. One more thing which I dont want to see is significant gap open to the downside, if that happens I will be very cautious on trading this pair long, otherwise its all set for attempt. TG should be 1.53000 handle, I know it looks over optimistic but thats what I m going to target.

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