fXVolume

EURAUD SHORT waiting for an opportunity to buy

Short
FX:EURAUD   Euro / Australian Dollar
Momentum has changed and the market has been shifting with new momentum. The first wave has occurred followed by a short correction wave, but this is not a sign to buy. This sign will mean if a trigger volume occurs and the price moves according to the momentum that occurs.
Comment: Volume is not seen moving up. Going into this pair will be quite risky.

Comments

We are at the end of a gartley pattern now, think its gonna fall till 1,5400 at least before it become bullish, what do you think?!
Reply
fXVolume Praguinha
@Praguinha, We need a price with wide spreads and high volume to confirm this movement. So do not worry too much and just wait. It will not be long.
+1 Reply
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