jojofang0901

EURAUD Watch for this bullish reversal.

Long
OANDA:EURAUD   Euro / Australian Dollar


Hi traders:

EURAUD has been in a corrective structure for quite sometimes now.

We see price moved down within this descending channel , correcting the price to a potential double bottoms on the higher time frame.

Then bullish move in the LTF , push up the price, begin to form consolidations.

Either expect this wedge /channel the LTF to breakout of the HTF descending channel , then look for continuation correction to buy.
Or
We may see price move down once more again correctively to form a LTF double bottoms before the big reversal.

Thank you
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Comments

I have been waiting for this one for weeks too jojo! let's see if the buyers will kick in now
+1 Reply
@TheSignalyst yes sir :)
Reply
Nice call, thanks for the heads-up. Keep them coming! 👍
+1 Reply
jojofang0901 financialflagship
@financialflagship will do thx 🙏
Reply
I like your idea
+1 Reply
@T_V_TreeTrader thank you as well
Reply
well done mate! keep it up
+1 Reply
@TradingAxis will do thx bud
Reply
Thanks Jojo
+1 Reply
jojofang0901 Krischandra2020
@Krischandra2020, your welcome thx
Reply
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