EURAUD

Seasonality Analysis: Historical data suggests a Bullish seasonality for EURAUD during this period, indicating a higher likelihood of Upward movement in the pair.

RSI Bullish Divergence: The Relative Strength Index (RSI) is showing a Bullish divergence. This occurs when the price is making LL and LH, but the RSI is making HH and HL, signaling that the Downward momentum is weakening and a potential reversal is likely.

Trendline Break: The price is approaching a key trendline, and a break above this trendline would indicate a shift from the current downtrend to a uptrend. This break would act as confirmation for entering a long position.

Trade Setup:

Entry: Use a Buy stop order to enter the long position once the price breaks Above the key trendline. This ensures that you only enter the trade if the Bullish trend is confirmed.