anilmangal
Long

EURAUD in a correction

FX:EURAUD   Euro Fx/Australian Dollar
5304 24 212
The EURAUD             is in a corrective structure after the big impulse up , as you know from my last weekly outlook i am in this trade and still in. If you are looking for an opportunity to get in wait for correction to finish and buy the breakout.
If the correction becomes bigger I will close and re enter lower. Updated will be posted, so if you want instant notification please set your profile to get it.

Trade with care
Thank you for your support.


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Comment: nice sell setup
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We could get a big move up. Nice call Anil.
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Thanks Anil!!
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Gracias. Anil.
+1 Reply
Good call, I hope everyone gets it
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Thanks Ani, S2 reached, the Euro is falling everywhere, maybe the start up, thanks you again for timely notice.
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Anil, could you update this chart ?
thank you
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Hi Anil.

Do you think we will have a opportunity to open a position on EURAUD soon?
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judderod lincolnborgesrp
Looks like we'll find out very soon. Any update on this Anil?
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lincolnborgesrp lincolnborgesrp
Ok, i think i will wait

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judderod lincolnborgesrp
Hmm, looks like we have a larger sell flag, and a smaller breakout flag as circled above in purple that we could buy the break of. Either way we'll be able to look back and say it worked, but which one can we trade?
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Only time can tell :(
+2 Reply
judderod lincolnborgesrp
It just broke the sell flag...
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yeah.. but im not so confident to short now.
Still waiting, even that means i need a longer stop..
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judderod lincolnborgesrp
Didn't get notified about this ^
I've taken the sell with a much tighter stop.
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nice.. but i think is too late for me now :(
i will let it go.. and wait.. if make it a new correction, i short on breakout
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Thanks Anil, much to learn, I was thinking to buy...
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Looks like consolidation and so wait for short b/out?
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Hahaha
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when is the short happening?
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jjMatos jjMatos
short @ 1.4675100
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Broke out. Sell.
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Looking like a good setup now
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