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 PRO 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.
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