Hi Traders! EURAUD buy idea update and follow up is here. In the previous here I mentioned that “On M15 chart we have a critical zone that has formed. Currently the price is moving lower, we may now expect pullbacks to happen and the price to move lower towards this critical zone. Once the price reaches this zone, we may look for bullish evidences and then start looking for buys”. Lets see how this setup has developed now.
EURAUD M15 Chart:
On the M15 chart the price moved exactly as per our plan. The pullback that we were looking for happened and the price moved lower towards the critical zone. After reaching the critical zone the price moved higher further as we expected. This buy trade has provided us amazing profits.
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