The EURAUD is in a daily consolidation . It's looks like the down impulse is finished and the up move is about to break out. I will wait for the break out, a consolidation and then buy.
I will be posting updates on this on lower time frame.
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It's based on wave theory , EW is just a part of it . Identifying "a" wave is something I have added to the theory. That is what makes the difference. Join the webinar tomorrow and you will see how simple it is