EURAUD Showing Strong Momentum: Awaiting Ideal Long Entry
This setup highlights a recurring pattern that has consistently delivered strong results in the past. With the current market movement, it's advisable to wait for a healthy retracement, presenting an opportunity for a potential long entry. Many buyers likely anticipated a longer consolidation and missed their chance to enter earlier, increasing the likelihood of a retest of the recent low.
Patience and timing could turn this into an ideal entry point with strong potential for upside momentum.
Patience and timing could turn this into an ideal entry point with strong potential for upside momentum.
Note
price indeed made a retracement but not as deep as anticipated indicating buyers willing to buy higher and now it's trending higherTransaction en cours
price hit the stop and flew to the upside straight away after.Trade fermée: cible de profit atteinte
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.