EURAUD 4H LONG
EURAUD 4H LONG Set Up
What are we expecting?
- EUR Strength -AUD weakness = EURAUD LONG Trades.
What is our confirmation?
- Price has bounced off our fib level 0.50% and wicked the previous highs.
- Now we want to see price once again bounce of our key major trendline to take furthermore long set ups with this pair.
- AUDWCU INDEX Weakness
Where shall we enter?
- We can enter a safe position once we see price respect the major trendline for added confirmation.
- I have also highlighted the importance blue structure level for price to trade above so our wave count is correct.
Once entered where will our SL BE?
- SL will be above structure for safe SL
Targets?
- 0.27 Fib levels for targets.
What are we expecting?
- EUR Strength -AUD weakness = EURAUD LONG Trades.
What is our confirmation?
- Price has bounced off our fib level 0.50% and wicked the previous highs.
- Now we want to see price once again bounce of our key major trendline to take furthermore long set ups with this pair.
- AUDWCU INDEX Weakness
Where shall we enter?
- We can enter a safe position once we see price respect the major trendline for added confirmation.
- I have also highlighted the importance blue structure level for price to trade above so our wave count is correct.
Once entered where will our SL BE?
- SL will be above structure for safe SL
Targets?
- 0.27 Fib levels for targets.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.