LupaCapital

EUR AUD - long game incoming

Long
FX:EURAUD   Euro / Australian Dollar
We are waiting for the break of our trend line - as the Euro is gaining strength and the Aussie has some strong shorts against it.

What can we see technically?
- Daily bearish,
- weekly bearish
- bounce from the demand zone purple zone.
- we can see the trend beginning to add long positions.
- we have made higher lows - showing the correction
- now in a consolidation zone with some great wicks formed.

Where to enter?
Follow your plan
But for us, we are waiting for a double bottom or a break or wicks to be tested on a lower time frame.

Note: Trading is about timing. so even if our stop loss gets hit on the chart. We may not have entered all together and orders can be adjusted.
Trade what you see, this is purely our Bias.

Why follow us?
Updates on our pairs as and when we can.
Swing trade out looks
10 years combined experience in capital markets
simple breakdowns for beginners to advanced.
KISS - keep it simple stupid.
we trade purely from naked charts, less indicators - remove the noise.

If you like our work, please leave a like or comment.

Thanks,
Team Lupa.
Trade active:
long trade activated - let us see how the swing takes us. 1.6255
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