HiTech
Long

EURAUD FINAL WAVE UP

FX:EURAUD   Euro Fx/Australian Dollar
214 6 6
Mid term EURAUD             uptrend is getting to an end. While cycle up has just begun, channel support has been rejected. Overall it should be a final 100 pip move up before a stronger correction will take place. It seems a good point to long near 1.4970 to target 161.8% fibs - 1.5085
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no long yet, planning to buy just before 23:00
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just entered the long trade at 1.4976
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stop loss hit, re entered at 1.4940, sl at 1.4911, target same
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stop loss 1.4900
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Maybe another try back down at the lower regression line here? If it turns up first?
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it declined further. do you still see it raising till 5080?
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