EURAUD Sell - hit the trendline, 3rd is formed

Short

Euro / Australian Dollar (FX:EURAUD)

Updated

FX:EURAUD Euro / Australian Dollar

Trend Analysis Chart Patterns Wave Analysis

trendanalysis chartpattern waveanalysis

EURAUD bounced to the trendline after the recent NFP news, now it looks like it's getting set to drop. The 3rd wave is formed, and we expect it to fall back to the FIB 0.5 level soon.

Trade closed manually:

Closed with profit.

Comment:

I missed this trade, but scale in EURJPY:

EURJPY Sell - exhausted after NFP, expecting retracement to fill

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Ideas break out:
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