glennmercer
Long

EURAUD Wave Count: 2 Scenarios, Long Preferred!

FX:EURAUD   Euro / Australian Dollar
I prefer a the long scenario here. We have a great R/R up against invalidation and a target at A=C which would provide huge gains. A single tenth of a pip below invalidation will call for a recount, so a SL is placed here and the triangle will be marked to complete later after continued sideways movement. The R/R potential is great, so I will be testing the long trade immediately. Updates to come as the tide rolls
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