EURAUD: Bullish Cycle Started
Updated
Hi! I hope everyone enjoyed their weekend!
We are looking at the EURAUD today, where we closed our short profit from earlier analysis (linked below) a little bit to early. The trend went a lot more deeper, but anyways we also passed a good long entry for now. We can see a nice divergence at the low and 2 levels of correction on the bear cycle, so we are waiting for a first level consolidation/ retrace for a better long entry during the week. Lets start this week strong!
We are looking at the EURAUD today, where we closed our short profit from earlier analysis (linked below) a little bit to early. The trend went a lot more deeper, but anyways we also passed a good long entry for now. We can see a nice divergence at the low and 2 levels of correction on the bear cycle, so we are waiting for a first level consolidation/ retrace for a better long entry during the week. Lets start this week strong!
Note
Trade did not retraced that much. We missed to enter a buy. Would have been a beautiful buy.
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