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TradingEW
Aug 28, 2015 3:27 AM

EURAUD setup for longs Long

EURO / AUSTRALIAN DOLLARICE

Description

Revised wave count of a completed wave iv pave way for a very extended v wave up.
Comments
glennmercer
Nice, and here's a thought: What you have labeled iii could potentially be a 2 of iii as both ii and iv are sharp corrections
TradingEW
Indeed, a thought to be considered. Thank you.
TradingEW
Moved stop loss to invalidation at top of (i), now tracking (iv) to completion for adding positions.

TradingEW
Finally forming bottom of wave iv and finding support on channel lines.
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