Author Topic: EURAUD -Trade Idea's  (Read 348 times)

Leebax

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EURAUD -Trade Idea's
« on: February 13, 2021, 10:17:22 AM »
Last week finished well. We got the push down on EURAUD , I am going to call TP hit here, we are 500 pips in profit so lets bank them all and close this position now and look for the next one. There's two possible trade idea's im looking at. First one is the bounce from this support zone again if it holds, this is a little more risky as price action is bearish , But its possible we could reverse here as its a strong zone. My ideal setup would be to drop through and then sell the re-test, if we get one. You could always set a sell stop just below the zone to catch it if it falls. Either way look at price action on market open then you can look to enter on monday. Have a good weekend all. GLIYF
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sharabela

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Re: EURAUD -Trade Idea's
« Reply #1 on: January 06, 2022, 09:28:25 AM »
EurAud made a good bullish move today. The price had a bounce at the yesterday's lows twice and then headed towards the North with good bullish momentum. I assume the pair may remain bullish for some days.