EURAUD Buy signal setup 3hr

By maliekevans
Uppdaterad
Enjoy a free signal before the week gets started
Feedback, Likes, comments, and shares would be appreciated.

  • We have left a major 3hr s/r area where market has had a reversal
  • This would be a great opportunity to catch the trend reversal
  • Also we have 2 major monthly downtrend and uptrend lines colliding
  • Market has respected the major 12hr uptrend line, soon as it reached we saw a rejection 3x
  • then market rose to test a major 3hr downtrend, we saw a rejection
  • Currently looks like we are gonna be in a triangle pattern
  • I want to the market go down and test my major 3hr s/r area
  • and also possibly test the major 12hr uptrend line again
  • This should fuel the bulls to break up and above the major 3hr downtrend line


    • Currently we are just waiting for the best entry our chances look good.



      EURAUD
      Buy Limit: 1.6210 (Best entry takes the most patience)
      Stop loss: 1.6110 (100 pips risk)
      Take profit: 1.6710 (500 pips reward)
      Risk: 1% to 3% of account (recommended)
      Reward/Risk: 5.00 (500/100)

      Buy Stop: 1.6310 (Only when market goes below this price will you be able to execute this order or you can use a buy limit)
      Stop loss: 1.6110 (200 pips risk)
      Take profit: 1.6710 (400 pips reward)
      Risk: 1% to 3% of account (recommended)
      Reward/Risk: 2.00 (400/200)
Handel aktiv
snapshot
EURAUDeuraud4heuraudanalysiseuraudbullisheuraudbuyeuraudlongeuraudsetupeuraudsignaleuraudtradeSupport and ResistanceTrend AnalysisTrend Lines
maliekevans

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