dramadon

EURAUD LONG, Again?

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FX:EURAUD   ユーロ/豪ドル
Looks like price wants to bounce off this exhaustion zone once again. Could be common sense to take this one but I still see bearish vibes on the higher TFs. I see uptrend structure with this recent higher low being created although we haven't seen a BOS. Possible W pattern as well. Entry might be slightly early so scaling in all throughout the exhaustion zone to create an average price could maximize this setup.

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