EURAUD H1 Trend Follow
4 Probabilities -
1. All 3 SMAs (20, 50 & 200) pointing up nicely
2. Fib Retracement of 61.8%
3. Market broke previous Resistance levels now becomes support level
4. Price pull backs into 20sma
1. All 3 SMAs (20, 50 & 200) pointing up nicely
2. Fib Retracement of 61.8%
3. Market broke previous Resistance levels now becomes support level
4. Price pull backs into 20sma
Note
edit: 4. Price pull backs into Dyanmic supports zone both the 20 SMA & 50 SMA respectively.**Note
Target hit! 1:2 good risk to reward!
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