muska123

EURAUD into a squeeze

Long
OANDA:EURAUD   Euro / Australian Dollar
Bollinger bands into a squeeze position before a breakout to the upside on the 4 hourly chart. Trigger candle well inside the 10EMA. Enter at 1.51088 to close contract at 1.52009. Confirmation with Aroon up at 100 % level while the Aroon down under the 30 % level resulting of a 94 pips gain.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.