Buy EURAUD (26/08/2019) 17:58
FOr those of you who could not catch the EURAUD signal on time and would like to hop in on it. This would be the time, go long on EURAUD at price 1.6384 with a stop loss placed at price 1.6244 and your tp placed at price 1.6895>>>>> The market broke the descending trend line on H$ and is now retesting it. Also, when analysing the price from the H1 chart, you will see that there as a H&S whose tp coincides with the retest of the trend line. This essentially means that there will be less sellers at the trend line due to profit taking.