Bias Bullish
Fundamental
AUD reduce interests rate, lower mean CPI.
EUR is slightly bullish to neutral
Price Action
Price bounce off from H4 after forming a consolidation at H4 SR level.
Confluence
Consolidation Area formed a triangle, and confluence with H4 SR & Bullish TL
Setup
Long entry at broken H1 SR level.
SL 2x ATR(20)
TP Next H4 swing high R:R 1:5
Fundamental
AUD reduce interests rate, lower mean CPI.
EUR is slightly bullish to neutral
Price Action
Price bounce off from H4 after forming a consolidation at H4 SR level.
Confluence
Consolidation Area formed a triangle, and confluence with H4 SR & Bullish TL
Setup
Long entry at broken H1 SR level.
SL 2x ATR(20)
TP Next H4 swing high R:R 1:5
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.