EURAUD Showing Strong Momentum: Awaiting Ideal Long Entry
This setup highlights a recurring pattern that has consistently delivered strong results in the past. With the current market movement, it's advisable to wait for a healthy retracement, presenting an opportunity for a potential long entry. Many buyers likely anticipated a longer consolidation and missed their chance to enter earlier, increasing the likelihood of a retest of the recent low.
Patience and timing could turn this into an ideal entry point with strong potential for upside momentum.
Patience and timing could turn this into an ideal entry point with strong potential for upside momentum.
Nota
price indeed made a retracement but not as deep as anticipated indicating buyers willing to buy higher and now it's trending higherTrade ativo
price hit the stop and flew to the upside straight away after.Trade fechado: objetivo atingido
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.