EURAUD H8: Best Level to BUY/HOLD TP +400 pips SWING (SL/TP)

18 janv. 2023

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EURAUD H8: Best Level to BUY/HOLD TP +400 pips SWING (SL/TP)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as LONG because I expect short-term
pullback before reversal later near 5220(BULLS)

🔸 Summary and potential trade setup
::: EURAUD 8hour chart review outlook
::: speculative reversal setup BULLS
::: expecting EURAUD to outperform
::: RISK OFF mode soon
::: will boost EURAUD mid-term
::: expecting a strong bull run after pullback
::: after we complete throwback/pullback
::: 5220 BEARS targeting fake breakdown structure
::: BULLS stay out and buy low instead
::: recommended strategy: BUY LOW 5220
::: SL 80 pips TP1 +200 pips TP2 +400 pips
::: risk/reward 80 pips / 400 pips looks good
::: so expecting pullback mode short-term
::: BULLS should get ready to BUY LOW soon
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 5220 fresh demand zone
::: 5640 fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS/PULLBACK
::: Sentiment outlook mid-term: STRONG BULLS
::: Global Sentiment: RISK OFF / will boost EURAUD

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