EURAUD long Opportunity
We can see on Daily Chart that price is now in uptrend and moving in a nice channel.
As we are back at the bottom of the channel, we assume that price should move upward.
On 1 HR chart we see price has break the EMA and now we can enter long waiting for bullish candle confirmation before taking an entry.
This trade is good for 1:3 reward ratio.
As we are back at the bottom of the channel, we assume that price should move upward.
On 1 HR chart we see price has break the EMA and now we can enter long waiting for bullish candle confirmation before taking an entry.
This trade is good for 1:3 reward ratio.
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.