EURAUD 240 Long
Price recently broke the downward trend it is also close to the 50% retracement from the large swing high to the most recent low. It also retraced 100% on the most recent higher low signaling a trend reversal. Price may retest the 50% fibo before dropping and then proceeding up. Wait for the next 2 candles to close and watch for the direction.
Entry 1.53722
TP1: 1.55226
TP2: 1.55726
Entry 1.53722
TP1: 1.55226
TP2: 1.55726
Trade closed: stop reached
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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.