Get started
HayatoDragonFX

EURAUD, 1HR tf, wave-3 extension on process

Long
Euro / Australian Dollar (FX:EURAUD)  
HayatoDragonFX  
FX:EURAUD   Euro / Australian Dollar
Support and Resistance Fibonacci Elliott Wave EURAUD euraudlong euraudbuy euraudanalysis priceaction priceactiontrading elliottwaveprojection elliottwaveforecasts
4
0
supportandresistance fibonacci elliottwaves euraud euraudlong euraudbuy euraudanalysis priceaction priceactiontrading elliottwaveprojection elliottwaveforecasts

We're possibly on the process of wave-3 extension. It would be pretty very nice if we could see price retrace around 1.5830-1.5855 area.

If price manage to retrace around 50-61.8 fibonacci retracement level then we will initiate our buy.

Buy EURAUD 1.5830
Stop loss 1.5785
Take profit 1.6030 (4.4R)

Use only 1-2% risk
Good luck

Related Ideas

HayatoDragonFX
GBPCHF, 4hr tf, sell the end of wave-4
HayatoDragonFX
AUDJPY, 4hr tf, sell the end of wave-(iv)
HayatoDragonFX
EURNZD, 1HR tf, buy position for wave-5
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.