Today, we will analyze EURAUD
Euro just took strong liquidity zones in higher time frames and the weakness in the bearish trend made me think about buy setups
Specific explanations are provided for each zone and movement on the chart. If you have any opinions, feel free to share them in the comments section.
Please note that this analysis is not intended as financial advice. Each individual should assume responsibility for their own trades. The purpose of this post is to provide ideas and inspiration, encouraging readers to view the chart from different perspectives. Always conduct your own research and analysis before making any trading decisions.
Euro just took strong liquidity zones in higher time frames and the weakness in the bearish trend made me think about buy setups
Specific explanations are provided for each zone and movement on the chart. If you have any opinions, feel free to share them in the comments section.
Please note that this analysis is not intended as financial advice. Each individual should assume responsibility for their own trades. The purpose of this post is to provide ideas and inspiration, encouraging readers to view the chart from different perspectives. Always conduct your own research and analysis before making any trading decisions.
Trade active:
It made me wait more than I expected to move but it finally made its move in the direction we expected
Comment:
The first liquidity in the chart is taken and we can see the weakness in the bullish movements
Comment:
It's aiming for the second liquidity zone now since its reaction to the first one was not striking
Trade closed: target reached:
The second liquidity zone is also touched and now we can expect reversal movements
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