McCarteen

EURAUD might have formed a falling wedge..

Long
FX:EURAUD   Euro / Australian Dollar
Looking at the price swings of the final leg of the correction I am expecting a motive wave.
But since the swings building up this final wave are overlapping, then I decide to label it as a falling wedge or an ending diagonal pattern.

They are often followed by a strong reverse in price so be onlook.
A happy trading to you all.
God Bless You.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.