EURAUD BULLS TO TAKE OVER!

15 มิ.ย. 2023

Hello Traders, I am Hadi Karaali, Known as SNIPERS_FX

If you like the idea, do not forget to support with a like and follow.


EUR/AUD, BULLISH REVERSAL FORMED!

As we can see price is still overall bearish trading inside this falling channel from a long term perspective,

However, price is still around a strong support zone lining up with the lower bound of this channel, where we will be looking for new longs as well

Meanwhile, from a short term perspective price is trading inside this channel from H1 time frame,

Moreover, for the bulls to kick in we need a momentum candle close above the marked swing high, then a movement higher would be expected

And as usual 1-2 Risk To Reward Ratio from a risk management perspective.


And as usual follow your trading plan and manage your risk.

Be patient and good luck!