EURAUD Trading Idea (4H)
Market Bias: Bullish 📈
Higher timeframes remain positive, with price holding above key support and showing signs of buyer strength.
Entry Confirmation:
Wait for a bullish rejection candle, pin bar, or bullish engulfing pattern at the support zone to confirm buyers are stepping in.
Target:
1.6470 — Previous resistance area / liquidity target.
Invalidation:
A strong candle close below the support zone would invalidate the bullish structure and suggest further downside.
Trade Idea:
Looking for a continuation move after a successful retest of support, with buyers attempting to push price toward the next resistance level.