EURAUD Daily Trend Line Break
Going into this week I'm looking for the Euro to have a potential pull back to either the 50.0% or the 38.2% range, use the previous support trend line as resistance, and then take a turn to the downside.
By waiting for a break of structure on the lower time frames at these zones and waiting for the right time to place your entry, we can create a trade that has a greater reward and a lower risk.
By waiting for a break of structure on the lower time frames at these zones and waiting for the right time to place your entry, we can create a trade that has a greater reward and a lower risk.
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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.