EURAUD BULLS TO TAKE OVER!
Hello Traders, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
EUR/AUD, BULLISH REVERSAL FORMED!
As we can see price is still overall bearish trading inside this falling channel from a long term perspective,
However, price is still around a strong support zone lining up with the lower bound of this channel, where we will be looking for new longs as well
Meanwhile, from a short term perspective price is trading inside this channel from H1 time frame,
Moreover, for the bulls to kick in we need a momentum candle close above the marked swing high, then a movement higher would be expected
And as usual 1-2 Risk To Reward Ratio from a risk management perspective.
And as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like the idea, do not forget to support with a like and follow.
EUR/AUD, BULLISH REVERSAL FORMED!
As we can see price is still overall bearish trading inside this falling channel from a long term perspective,
However, price is still around a strong support zone lining up with the lower bound of this channel, where we will be looking for new longs as well
Meanwhile, from a short term perspective price is trading inside this channel from H1 time frame,
Moreover, for the bulls to kick in we need a momentum candle close above the marked swing high, then a movement higher would be expected
And as usual 1-2 Risk To Reward Ratio from a risk management perspective.
And as usual follow your trading plan and manage your risk.
Be patient and good luck!
Telegram channel:
t.me/Snipers_F_x
t.me/Snipers_F_x
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