Euro / Australian Dollar
Long

EURAUD +100 PIPs chance

416

Hello traders !

Do you believe in geometry in trading ?
I've been testing and back testing this strategy and its been working preety nice !

A strong EUR, against a disapointing AUD.

The bullish EUR momentum has come to stay.

I do believe the pair will reach its previous daily high at 1.62567, so I will be looking for LONG positions only.

For now, I will be targeting 100 PIPs in this trade, with only 30 PIPs of stop loss.

I will wait for the right opportunity .

Feel free to use this idea yourself.

I will keep you all updated anyways.

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.