SteveNixon

Breakout and Long?

Long
SteveNixon Updated   
FX:EURAUD   Euro / Australian Dollar
35
The Euro has broken out of the bearish diagonal and could go long from here.
look for a good price after a pullback and wait for the correct entry set up

All forecasts will be updated as they develop - remember to follow to receive them.

Always wait for an entry set up before risking your money.

This is not investment advice - it is purely for educational and discussion purposes.
Your Ideas, comments and questions welcome

Good luck Steve
Comment:
Beautiful - as expected - look for long set up
Comment:
OK we had a nice move so far but there is more in this. It has reached the 1.27 extension and is now pulling back. Given that this pair could break out of the bearish diagonal there is a possibility of a lot more up side to this.
Comment:
Please ignore the trading information in this post. It wasn't supposed to be shown as I don't post entries, stops or targets. These will be different for each trader since we should each develop our own "Personal Trading Strategy"

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