Euro / Australian Dollar

Long

EURAUD: Wait for new impulse wave.

Updated

Wave C seems to end at larger up trend line with possible 5 wave count (confirmed by an overlap zone). I will looking for a BUY opportunity at breakout of bear channel or buy right at 50%-76.4% Fibo.

Note

Looking for buy at consolidation in 1H

Trade active

snapshot

Trade closed: stop reached

Related publications

EURAUD: If a new bear channel formed, that should be a wave C

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