EURAUD Buy signal setup 3hr

14 Jun 2020

Enjoy a free signal before the week gets started
Feedback, Likes, comments, and shares would be appreciated.

• We have left a major 3hr s/r area where market has had a reversal
  
• This would be a great opportunity to catch the trend reversal
  
• Also we have 2 major monthly downtrend and uptrend lines colliding
  
• Market has respected the major 12hr uptrend line, soon as it reached we saw a rejection 3x
  
• then market rose to test a major 3hr downtrend, we saw a rejection
  
• Currently looks like we are gonna be in a triangle pattern
  
• I want to the market go down and test my major 3hr s/r area
  
• and also possibly test the major 12hr uptrend line again
  
• This should fuel the bulls to break up and above the major 3hr downtrend line
  
  • 
    
    Currently we are just waiting for the best entry our chances look good.
    
    
    
    EURAUD
    Buy Limit: 1.6210 (Best entry takes the most patience)
    Stop loss: 1.6110 (100 pips risk)
    Take profit: 1.6710 (500 pips reward)
    Risk: 1% to 3% of account (recommended)
    Reward/Risk: 5.00 (500/100)
    
    Buy Stop: 1.6310 (Only when market goes below this price will you be able to execute this order or you can use a buy limit)
    Stop loss: 1.6110 (200 pips risk)
    Take profit: 1.6710 (400 pips reward)
    Risk: 1% to 3% of account (recommended)
    Reward/Risk: 2.00 (400/200)
    

17 Jun 2020

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