EURAUD: Go long during wave C

FX:EURAUD   Euro / Australian Dollar
The chart is clear, EURAUD             is in an uptrend after completing wave B of a an apparent ZIGZAG correction, which fits the fundamental landscape surrounding the gold             and RBA situation, as well as Tim West's time at mode methodology.
Buy now with a 2 atr stop, target is lofty but achievable in this timeframe.
I'll post scale in opportunities.
Good luck!
Comment: Target should be hit by the end of the year.
Still waiting...
Looks like we've seen A of 5 down, part of the ending diagonal triangle in my chart.
I'm not sure the labeling is correct, but I'd like to sell the retracement that will happen now.
This is extremely optimistic probably, but it's looking really bullish as of late. Watching for a second entry.
+1 Reply
HiTech IvanLabrie
Interesting, I am preparing my idea right now, here is the outlook
Strong accumulation base makes suspect a bull move.
Stop already at break even.

Current EW interpretation, for what it's worth.
I expect a bullish swing completion for the time being.

If long, I'd suggest closing partially at the top wedge trendline.
If not long, maybe waiting is in order.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out