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Welcome to our weekly trade setup ( EURAUD )!
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1 HOUR
Slowly rising market towards market resistance area.
4 HOUR
Market is waving a lot and need a pullback to the downside.
DAILY
Bearish market structure at its resistance, great short entries.
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FOREX SETUP
SELL EURAUD
1ST ENTRY @ 1.62200
2ND ENTRY @ 1.62540 (wait for trigger)
SL @ 1.63150
TP @ 1.61160
RR: 1.1 / 2.35
Use 0.5% risk per Entry!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN