EURAUD - Catch This Monster 1000pip Move!

1872
EURAUD is currently in a correction, which appears to be a 335 FLAT correction. We've almost completed Wave B and we're looking to catch Wave C. We believe we'll see 5 waves down.

Trade idea:
- Watch for break of the ascending trendline
- Enter on break
- Stops above price once trendline breaks
- Targets: 1.65 (450pips), 1.59 (1000pips)

Goodluck and as always, trade safe!

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.