Price action - EURAUD to go LONG
Price has reached the resistance area with a 1 explosive bullish candle going into the zone and another strong bullish candle breaking the zone. Suggesting bulls is in play. Go LONG if candle close above resistance zone. Candle also breaks ema200 in the daily chart.
Confluence checklist
1. Price breaks resistance area
2. Strong bullish candles breaking zones
3. Price breaks ema200 from below
Confluence checklist
1. Price breaks resistance area
2. Strong bullish candles breaking zones
3. Price breaks ema200 from below
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