EURAUD Long term longs, get in now or wait for pullbacks
Simple technical analysis here, price has been wallowing around these lows for a while and it's the bottom of the higher time frame channel, great opportunity to start buying here with great risk reward.
Buy now and hold or wait for pullbacks if you're more conservative. Not sure on targets, would hope for a 50% pullback at least or possibly higher but that's a long hold.
Buy now and hold or wait for pullbacks if you're more conservative. Not sure on targets, would hope for a 50% pullback at least or possibly higher but that's a long hold.
Note
Trade reached the first level, patience pays friends. Let's see if it continues on up, perhaps after a pullback but protect profits.
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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.