Description: Price Action on the EURAUD acted the last days in a tight Range. The Entry-Point is close to the Resistance-Level of the Range. Therefore the Trading Idea of the EURAUD 60M is a high probability setup. The stoploss can be alternatively also be set above the Resistance Level (above 1.5288).
Invalidation of Trade The Trade is invalid if price breaks Point A to the downside.
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.