In our previous post shown here we suggested buying the EURAUD could earn 100 pips ,after the Trend/Wave/Extreme system spotted a trade setup. Eventually this has happened and luckily for all you who took the trade made the 100 pips.
Read about the Trend/Wave/Extreme system here
EURAUD (4-HOUR) BUY
If you did not catch that trade then you are in luck my friend ,as the pair has corrected significantly following its up move providing another opportunity to buy it for another 100 pips.
- An Up Trend line pattern that keeps going higher
- Most Trend (long term) indicators are pointing up
- Extreme Indicators are pointing oversold meaning it should start moving up again
Wait for two strong consecutive up candles before buying
Read about the Trend/Wave/Extreme system here.