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EURAUD Time for Reversal
Euro / Australian Dollar
Long
EURAUD Time for Reversal
By jojofang0901
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Updated
Jan 25, 2021
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Jan 24, 2021
Hello traders:
Looking at EURAUD now on the lower time frame to wait for bullish price action.
We see the latest price has fall into a potential reversal correction after a move down.
This is a good indication that the bearish move may not resume, and we can get some short term bullish move to come into the market.
Now the price has managed to break above the correction now, so lets wait for some continuation structure to develop and look for buy entry.
Thank you
Jan 25, 2021
Comment
Chart Patterns
correction
Flag
impulse
Parallel Channel
pattern
priceaction
structure
Wedge
jojofang0901
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