EURAUD - LONG Long

Euro Fx/Australian DollarFXCM

Description

⋅ Jan 9, 2018 8:44 PM

Hello guys,

here is my current view on EURAUD!

First of all I see an ENDING DIAGONAL that is a strong indication that the market is losing the bear power that it had.

Then I see a monthly supply&demand that would also be a re-test of the previous broken level!

We have an 38.2% of the whole trend since it low at 1.441

I also see an 78.6% of the previous wave. I am expecting EURAUD to continue it uptrend until 1.60.

Trade with care,
PC

Comment

⋅ Jan 13, 2018 4:23 PM

On our way to TP!

Comments

samekhanok

⋅ Jan 10, 2018 2:42 AM

will it hit this area i have ordered buy here 153137 what do you think sir

jolicoeur342

⋅ Jan 10, 2018 2:43 AM

@samekhanok, If you meant 1.53137 we are below this area atm! So yes if you mean a buy stop it should hit it as my take profit is higher than your buy stop!