Akil_Stokes
Long

EURAUD: Bullish Flag Breakout

FX:EURAUD   Euro Fx/Australian Dollar
Just shot this to my Syndicate members but wanted to give you guys a look as well. Playing for a simply low risk high reward breakout on EURAUD             as we've just created a HHHC above previous structure (looking left). Normally I play for a bigger move to the 1.272 but the even handle and next resistance level doesn't make it worth the risk.
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sabidawg
2 years ago
Is there a bearish gartley in play on the 4 hour chart right now?
Reply
Akil_Stokes TOP sabidawg
2 years ago
No, not one that i can see.
Reply
riskmode TOP sabidawg
2 years ago
there was about 80 hours ago
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Akil_Stokes TOP riskmode
2 years ago
I remember one from last week that stopped me out. Maybe that's the one he's referring to
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FXTPTeam
2 years ago
Look at the 4h TF, the wicks around the 1.416 S&R level are heavy bearish. It will be a problem for it to pass this level. And if it will pass, there is a possible bearish butterfly completion at 1.425...
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FXTPTeam
2 years ago
BTW, already broken to the down side. cheers
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Akil_Stokes TOP FXTPTeam
2 years ago
Correct, it has broken to the downside. Made a push up to retest highs, just not far enough
Reply
jorgealvarez PRO Akil_Stokes
2 years ago
akil, can u see a dobbelt top @78.6, possible 2618... (cipher 1h, DAX) x=oldest top
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