EURAUD Long week 46

2019-11-11 01:58:13

1. Weekly uptrend reaching making a higher low.
2. Daily Demand + QP being rejected on the daily time zone
3. If price continues going up, possible formation of a W pattern (double bottom)

Entry:
Wait for the 4H downtrend to break, this will probably happen around the daily demand + QP (1.60)