Note

EURAUD BUY TRADE IDEA 26 04 2021

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BUY EURAUD 1.5555

SL: 1.5525

TP1: 1.5575

TP2: 1.5595

TP3: 1.5615

*Trading conditions may differ between account types and brokers.


Signal Analysis

Currency Pair: EURAUD

Timeframe: H1

Step 1 - Previous News: EUR: France and the eurozone in recovered into expansionary level, German ifo Business slight increase from previous, AUD: Bank Holiday

Step 2 - Trend: Up to Across, Trend Following

Step 3 - Support/Resistance: Bouncing Off Support

Step 4 - Indicators

EURAUD BUY TRADE IDEA 26 04 2021


- Bollinger Bands: within

- MACD: both down

- Stochastic: H4 heading down

- PSAR: bearish

Step 5 - Upcoming News: EUR: -, AUD: -


Edited 30 Apr 2021, 06:07

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Yesterday the price was as low as 1.5459, is it a loss?
FxScotty
Author
That's correct these signals are delayed as the real time ones are charged, these are submitted as an example of what we do at LCMS Traders hope that helps :)

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