moesalama
Short

EURAUD - monthly chart simple abc count

FX_IDC:EURAUD   Euro / Australian Dollar
18 0 0
i always start my recognition process by counting a simple abc count on the monthly chart.

i do this for two main reasons:

1. to recognize a repetitive structure

2. to identify a price point to start my weekly count from

i see that right now, the pair is repeating a downward structure from december 2002
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