EURAUD, 4hr tf, buy on horizontal support

Previously we took profit in this pair for +140 pips.
Price now retracing and i think we're at a good point to entering buy again.

We might complete wave-iv here as there is also a horizontal support level.

Buy EURAUD 1.5550
Stop loss 1.5520
Take profit 1.5670 (4R)

Use only 1-2% risk
Good luck
elliottwaveprojectionElliott WaveEURAUDeuraudanalysiseuraudbuyeuraudlongpriceactionpriceactionanalysispriceactiontradingSupply and DemandSupport and Resistance

Disclaimer