Traine

EURAUD Harmonic analysis

Short
FX:EURAUD   Euro / Australian Dollar
overall ascending channel, currently in descending channel , 2 areas of structure was broken with a retest confirming change of trend(within overall bullish structure) will be using candlestick analysis enter in on a short to the D point of the Cypher. At the D point will also use candle stick analysis to enter a buy position to at least 38.2 TP level. On the Daily it appears we are only in a pullback from the bullish impulse leg. From the 78.6 completion of this harmonic, we can see significant upside which equals pips for days!!!!!



#Wifxa
#Firstladyforeverblue
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.