EUR/AUD Bullish Channel Trade Setup –Demand Zone Bounce Strategy

📉 1. Downtrend Ends

🔽 Price was falling earlier (left side of chart)

🔄 Then it reversed at the bottom of the channel (yellow dot)
➡️ Trend Change Begins

📈 2. Uptrend Channel Forms

📊 Channel consists of:

🔵 Resistance Line (upper blue)

🟢 Support Line (lower blue)

🔁 Price is bouncing between these two lines like a pinball:

🔵 Resistance Line
| 🔼
🟢 Support Line

💠 3. Key Trading Zone

🔷 DEMAND ZONE: (Bright blue box)
🟦 Between 1.74697 and 1.75349
👉 Buyer interest expected here

🎯 4. Trade Setup (Bullish Idea)

🟢 Entry Point:

📍 1.75349

✨ Near support zone and channel bottom

🔻 Stop Loss:

🚫 1.74710

📉 Below the demand zone, protects from downside

🎯 Target Point:

🎯 1.77800

📈 Near the resistance line at the top of the channel

📊 Strategy Flow (Emoji Dots Path)

📉 🔽 🔽 🔽
🟡 Bottom found
⬆️ 🔼 🔼 🔼
📈 Enters channel

🟦 Price enters DEMAND ZONE
🔽
🔵 Entry: 1.75349
🔼
🎯 Target: 1.77800

✅ Final Thoughts

This is a clean bullish setup within a rising channel

✅ Wait for price action confirmation (like a bullish candle 🕯️) in the demand zone

🔒 Protect with your stop loss

🚀 Potential reward is strong if it bounces up