EUR/AUD Value Forecast 2nd October 2024

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EUR/AUD Value Forecast 2nd October 2024


Technique: Flip 55

The three/12 Tunnel is a trend-based technique. This technique is kind of easy, and now we have constructed it utilizing 2 transferring averages. Our crew has accomplished in depth backtesting on it, and its profitable ratio is between 70% to 80%.

Beneficial Timeframe

You should use this technique on H1, H4, and Every day timeframes. It can be used on decrease timeframes than H1, however we propose that if you’d like higher outcomes, apply it to H1, H4, and Every day timeframes.

Commerce Particulars

At the moment, based mostly on this technique, now we have a commerce alternative on the EUR/AUD pair on the H1 timeframe. I’ve already shared the commerce picture with you. You must place a Promote Restrict at 1.61540, with SL: 1.62095, TP 1: 1.60435, TP 2: 1.59880, and TP 3: 1.59330.

  • Pair: EUR/AUD
  • Timeframe: H1
  • Promote Restrict: 1.61540
  • Stoploss: 1.62095
  • TP 1: 1.60435
  • TP 2: 1.59880
  • TP 3: 1.59330

Lot Dimension

For anybody taking this commerce, you need to danger not more than 2% of your account, and never exceed this. For instance, when you’ve got a $10,000 account, you need to danger $200.

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To Your Success!
Tim Morris



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