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lemezohaib
Mar 14, 2017 6:12 PM

EURAUD CORRECTIVE STRUCTURE 

Euro Fx/Australian DollarFXCM

Description

EURAUD is in a 240 down trend structure. Currently its making an up move in a structure. Possibly it may break the structure for more upside or it may come back for one more downside before the big up move. So it is a good trade setup in both cases.. Currently wait for a lower degree structure for one more upside.. Then wait and see if it breaks the bigger structure.. Keep an eye on it
Thank you
Keep following and support!

Comment

Almost near to the daily down trend! So wait and see if it breaks the structure or come for one more down
Comments
jojofang0901
Beautiful trade setup, thank you for sharing your view. I have similar idea as well on this pair.
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