EURAUD Long Trade Setup

5 Şub 2021

The last low can be the end of the correction and the structure after that can be the reversal pattern. That's why I placed a pending order. If I see a lower degree trade setup at the end, I'll modify my order. As you can see, there is a chance for one more drop after an upward impulse. That's why I'll probably hedge my trade if I see a complete running flat between the blue lines.