EURAUD is very interesting and I'm looking for a wave C higher on the daily time frame. Short term I would like to buy the continuation and see whether it breaks bullish from here. However I think that a triangle scenario is very likely which indicates that we will see another bearish leg first.
First things first which is a potential bullish continuation.
Updates will follow.
www.timstuyts.com
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www.youtube.com/watch?v=HvmWTm4f...
First things first which is a potential bullish continuation.
Updates will follow.
www.timstuyts.com
www.facebook.com/timstuyts
www.youtube.com/watch?v=HvmWTm4f...
Comment:
consolidation still in progress. possible short term sell within the corrective structure.
Trade active:
I'm also short EURAUD from the break after my previous post last week. I didn't update GBPAUD which was looking the same but moved more already. However I believe EURAUD will follow as well and there is more to come, watch for minor consolidations. updates will follow.
