DanV

EURAUD - POTENTIAL CUP & HANDLE FOR EXPLOSIVE BREAKOUT TO THE UP

Long
FX:EURAUD   Euro / Australian Dollar
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3
Have you missed out on the YEN pairs rally? Have no fear, you can have similar opportunity in EURAUD . At the moment AUDUSD ir looking weak. In contrast EURUSD is looking strong. So I expect that during the coming weak or 2 will mark this pair's current coiling pattern that resemble Cup & Handle is likely to break to the up side and once the near term overhead resistance it taken out the interim Target will be 1. 40 and over longer term much higher. These kind ot move can only be fully capitalised buy relatively small position and riding it all the way or some similar money management method for longer term directional play. So will you join me for a cuppa? Your helpful comments are welcomed.

Comments

Big Opportunity !!!
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Hoping that all who intended to have climbed aboard for the long term swing trade to the upside or will do so soon, safely. We could be on the way up and in early stage.
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thanks :) I will buy here :)
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DanV albouriaby
Hi, thanks for taking the time to view my chart. I am glad it might help you to plan your own trade setup. My chart is a long term swing trade and might experience few set backs in the early stage, so I am sure you will have appropriate money mismanagement in place and take full responsibility for your decision.
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DanV albouriaby
Hi, thanks for taking the time to view my chart analysis, and I am glad it will help you make decision in your own set-up. . It is a large swing set up. Hence in the early stage could have some set backs. So I am you you will have appropriate money management in place and take full responsibility for your decision.
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Like it!
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DanV Solemna
Hi, Thanks mate, for taking the time to view my chart analysis and agreeing with it. I expect it will take little time to get going but should breakout to the upside for profitable run:)
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