EURAUD pair is at the interesting zone on H4 chart.

The price is at Support for sometime, but Stochastic has crossed up and about to go above 25%.

Looks like very interesting Buy.

2016-01-25_15-16-39-EA1

If we can get into this trade, we can expect up to WM4 (WM2 -> WM4).

For the entry, we should wait for the new Higher High (breaking today’s high), and enter the trade from the retest.

2016-01-25_15-21-25-EA2

 

YJ Baik – Forex.Today @ Tokyo

 

 

One thought on “Trade Setup EURAUD (Jan 25)”

  1. Joao Pascoal says:

    Good tecnical view YJ the retracement on 55 was a bit testing the discipline

    Thanks all the best

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.