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GMPinvestors

EURAUD reaching the last Elliot's wave

Long
Euro / Australian Dollar (FX:EURAUD)  
GMPinvestors  
FX:EURAUD   Euro / Australian Dollar
Trend Analysis Trend Lines Elliott Wave EURAUD uptrend takeprofit Double Bottom doublebottomreversal
4
0
trendanalysis trendline elliottwaves euraud uptrend takeprofit doublebottom doublebottomreversal
After a rigid collapse, we finally got a double bottom figure that it seemed to confirm a market reversal.
A new uptrend is following now four clear Elliot's waves.

We expect that the price will push up to the target, the increasing of the volume and the market's movement in a weak zone could be a clear confirmation.
Let us know if you like our opinion, leave a comment if you have a different idea!

GMPinvestors
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