FX:EURAUD   Euro / Australian Dollar
Why are we entering?
- Price is at channel support
- We have previous structure at the channel support area
- We are expecting EUR to strengthen for the short to medium term

What are we waiting for to happen?
- Waiting for one 4H candle to signal bullish pressure
- EUR index to reject structure level

What is our confirmation?
- 4H bullish candle
- lower timeframe trendline break

Once entered, where will our Stoploss be?
- Below the channel and structure level 1.559

Where do we take profits?
- First TP previous high 1.587
- Next TP channel resistance
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+4 Reply
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+1 Reply
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+1 Reply
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+1 Reply
That’s a lovely setup 👌
can you please confirm what the names are on metatrader 5 for the Japanese indices and other currencies pls? I can't find indices, they are not would as labelled on your charts in my mt5?