EURAUD

watching EA for possible longs... from the HTF we can see a consolidation build up and most recently a convincing break and close on the H4, however price could bounce from my pivot point and fall back into this consolidation pattern meaning that this was a fake out. To avoid being caught out in a possible fake out i am waiting for a retest of a strucutre level (orange box) or the trend line before finding a reason to potentially go long
Support and ResistanceTrend AnalysisTrend Lines

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