EURAUD has been in a descending channel since late last year. We can see that price is in a clear channel. We could've traded within the parameters of the channel using levels of interest and trendline breaks.
Once the channel is broken, await a correction and retest before entering and holding.
See links below for more information about this idea and why we're anticipating a reversal.
Trade Safe!
Once the channel is broken, await a correction and retest before entering and holding.
See links below for more information about this idea and why we're anticipating a reversal.
Trade Safe!
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