EURAUD - Long

Utilizing simple yet powerful DOW theory to spot the trend and find out the best possible entry, exit points.
Looking at the daily timeframe there are series of Higher highs(HH) and higher lows(HL), suggesting a bullish trend . Hence a possibility of following long position
Entry long : 1.56676
Stop loss : 1.5355 (a little below previous higher low)
TP: 1.62250