EURAUD APPROACHING BUY ZONE

2019-11-07 23:01:52

Currently, the EURAUD is trading in a downward channel also approaching the lower TL of the weekly channel. were also approaching a strong support area. I think theres a good chance we see price reverse and triangle breaking.

TRADE IDEAS

1. Buy somewhere in the highlighted buy zone.
2. Wait for a signal on a lower time frame to enter.
3. Buy at break of triangle.

Projected target is on the chart.

See separate weekly chart for accending channel
https://www.tradingview.com/chart/EURAUD/LFNvWjIs-EURAUD-WEEKLY-PLAN/