EURAUD: Bullish Accumulation & Your Plan

Perfect example of a bullish accumulation on EURAUD.

The pair is setting the sequence of higher lows,
respecting the same highs and forming an ascending triangle.

To catch the next swing move, wait for its 1.568 - 1.57 resistance breakout.

Then a bullish continuation will most likely follow.

Your goal will be - 1.59

Remember, in case of a bearish violation of a trend line,
setup will be invalid.

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تعليق:

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