EUR/AUD setup
The price had been trending downwards over the last week very violently, but now we can recognize that the price started to make accumulation zone which indicates that it should go upwards on the chart. Also the price can create XABCD pattern and after all the numbers are fitting together. 50% of the Pitchfork setup is very important here because there were several testings before. Its expected that the price should move to the 50% and then continue a little accumulation and then its should explode upwards.
Good luck traders, hope you have fun !
Please let a comment below, let me know if I should change my way of thinking !!
Thank you !
Good luck traders, hope you have fun !
Please let a comment below, let me know if I should change my way of thinking !!
Thank you !
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