EURAUD: Trading Plan With Classic Strategy

9 Sep 2019

Ok ok!)
those who wanted from me the whole analysis of EURAUD, here you are.
if you want to trade EURAUD with a classic confirmation approach,

firstly - let the market reach a strong demand zone on a daily
(it matches perfectly with structure on the left and major rising trendline)

secondly - wait for a bullish breakout of a falling parallel channel on 1H chart.

lastly - buy the market with T1 - 1.628 T2 - 1.648
stop below the lowest point of the channel