POTENTIAL LONG TRADE SET UP FOR EURAUD

Analysis: Utilizing chart patterns, highs & lows, and impulses & corrections, the focus is on identifying a continuation corrective structure following a breakout.


Entry: The price has reached the low of a higher time frame (HTF) bullish continuation structure, forming a lower time frame (LTF) descending pattern. Following this, we are watching for an LTF bullish impulse and continuation structure to determine an entry point for the trade.

Expectation: An upward move is anticipated, initially targeting the top of the HTF structure.

⚠️ Reminder: Always conduct your own analysis and apply proper risk management, as forex trading involves no guarantees. This is a high-risk activity, and past performance is not indicative of future results. Trade responsibly!