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!
This is extremely optimistic probably, but it's looking really bullish as of late. Watching for a second entry.
CryptoPAMM
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Interesting, I am preparing my idea right now, here is the outlook
Nick_C_
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Great outlook Ivan.. Would rather be rich vs. right and using analysis that allows you to profit from whatever materializes is essential.. Trading > forecasting
IvanLabrie
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Indeed sir, thanks for stopping by.
Getting out at that potential ED c wave's 4th seems reasonable I guess.
jangseohee
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price is currently stuck in-between my neckline and mid-term lower channel line
IvanLabrie
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Update, potential ending diagonal wave c inside of B (which looks like a flat).
Wave C up should complete the zigzag in a strong impulse as expected.
Only problem is I might get stopped here...We can also get out now for minimal loss and re-enter after completion of said diagonal triangle.
CryptoPAMM
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Your price target is very large to say the least, but pair could be reversing indeed tradingview.com/v/AW4uiQcQ/
CryptoPAMM
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we need to break above the upper downtrend trendline, then it will be more clear
jangseohee
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i believe your Target 2 red line there is the monthly downtrend line?