Here Is My 2H EUR/AUD Chart and here is my opinion , if you take a look on the chart we will see that we have a start for up trendline and we have 2 bounces from the trendline and now we are waiting for third touch to can enter a buy trade to go up at least for 150 pips cuz the price melted to downside without any correction , so i`m waiting the price to go down a little and touch my trendline and give me any bullish price action on smaller time frames to confirm my entry and give me a good chance to use small stop loss and we can targeting from 70 to 150 pips in this trade , if we have a 4H Closure Below This Support m than this idea will not be valid anymore .
Reasons To Enter :
1- Perfect Support .
2- Perfect 2 Touches For Trendline .
3- Over Sold .
4- 15 / 30 Mins T.F , Confirmations .
Reasons To Enter :
1- Perfect Support .
2- Perfect 2 Touches For Trendline .
3- Over Sold .
4- 15 / 30 Mins T.F , Confirmations .
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