EURAUD is very interesting and I'm looking for a wave C higher on the daily time frame. Short term I would like to buy the continuation and see whether it breaks bullish from here. However I think that a triangle scenario is very likely which indicates that we will see another bearish leg first.
First things first which is a potential bullish continuation.
Updates will follow.
timstuyts.com
facebook.com/timstuyts
youtube.com/watch?v=HvmWTm4fcl8
First things first which is a potential bullish continuation.
Updates will follow.
timstuyts.com
facebook.com/timstuyts
youtube.com/watch?v=HvmWTm4fcl8
Note
consolidation still in progress. possible short term sell within the corrective structure.Trade active
I'm also short EURAUD from the break after my previous post last week. I didn't update GBPAUD which was looking the same but moved more already. However I believe EURAUD will follow as well and there is more to come, watch for minor consolidations. updates will follow.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.