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Euro / Dólar Australiano
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Buying EURAUD

Por BACapitalManagement
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Price action has nearly returned to the 1.523 area. I am now looking for bullish candles on the daily time frame. If I get a bull candle, I will be placing buy limit orders at previous levels on the 1H time frame in an attempt to get in on a pull back.
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captura

I'm a little late to the game. A couple bull candles have been painted. Let's take a look at the 1H now.
Nota
5/30 the first bull candle was printed. Once the market closed for the day I would be placing buy limit orders at previous levels on the 1H.

captura
Nota
5/31 gave us another daily bull candle. I placed buy limit orders at previous levels on the 1H once the market closed for the day.

captura
Nota
Bull candle posted on the daily time frame.

captura
Nota
Rough look at entries and stop losses on 1H time frame.


captura
audBullish PatternsbuyCandlestick AnalysisEUREURAUDLONGMultiple Time Frame AnalysisSupport and Resistance
BACapitalManagement

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