See the the daily chart of EURAUD below for the discussion that follows.
EURAUD is close to an area of support. Should it get there and I see bullish candlestick price action, I will consider going long.
Remember, always have your own trading plan and never follow other people blindly. Always know where you will be proven wrong on any trade and have stops in place. Stick to your stops and never bet the farm.
On Ideas: Please don’t take this as trading / financial advise. Please do your own due diligence before entering any trade. Also see Disclaimers.
