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Euro / Australian Dollar
Long
Jul 31, 2021
EURAUD (1Hour): A toast to a bullish week✔
0
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Chart Breakdown
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Daily Timeframe
Downtrend in place.
3rd touch buy setup on uptrend trendline + support which hints at a possible trend change.
4Hour Timeframe
Uptrend in place.
This uptrend is backed by the breakout that occurred on the downward trendline.
1Hour Timeframe
Uptrend in place.
I'm anticipating price action to touch the uptrend trendline which might result in a massive swing opportunity.
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Support and Resistance
Trend Analysis
Trend Lines
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