EURAUD REVERSAL OPPORTUNITY

٢٩ سبتمبر ٢٠١٩

Price action since price rejected from its major support has shown us an Impulsive move following a Bullish Wedge bring price back down to a bullish 38% retracement. I've shown 2 ideal areas to buy in case if this scenario plays out, #1 Entry idea being more aggressive than #2, #2 would be price breaking its most recent resistance and entering the pullback into new support.

If price breaks below the First Swing Low then Price is Continuing its downtrend.