vj20_fx

Retraced to Major trendline

Long
FX:EURAUD   Euro / Dollar Australien
This pair has been respective of the H4 trendline I have drawn creating clean HL's an LL's. Price soared through my major trendline drawn on the daily and has now pulled back, also forming a HL on my H4 trendline. The bearish momentum has now stopped and the triple candlestick formation has given me pin point entry as I went long at the start of the 10:00am GMT candlestick.

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