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Euro / Australian Dollar
Long

Trade idea - EURAUD Long

By FXKjell
Updated
4H

Bullish impulse / break of last LH: indication.

Inverse Head & Shoulders pattern: confirmation.

Clear support & resistance zone is there.


From 1H perspective: Corrective approach towards entry zone.

snapshot

= Buy limit.

1.5% risk.
Comment
MONTHLY

Inverse Head & Shoulders pattern potentially in play.

Clear support & resistance zone is there.

snapshot
Comment
WEEKLY

Pattern within pattern can be there:
Inverse Head & Shoulders, Bullish Fake Out flag.

Clear support & resistance zone is there.

snapshot
Comment
DAILY

-68 Fibonacci has been completed.

snapshot
Trade active
Active
Trade closed: stop reached
-1.5%
Chart PatternsEURAUDForexfxtradingnoindicatorspatternspatternsandstructuresupply_and_demandSupply and DemandsupportandresistancezonesTrend Analysis
FXKjell

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