EURAUD update - 19 November 2014 Long

Euro Fx/Australian DollarFXCM

Description

⋅ Nov 19, 2014 1:35 PM

This is an update for me two previous EURAUD charts.

It looks like we are in wave 2 or b triangle and should head higher for wave w/B or wave 1 of 3.
I will look to buy dips as we stay above 1.4200 and targeting 1.50+.

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Good luck!

Comments

dojitrader

⋅ Nov 19, 2014 1:49 PM

Was looking at this yesterday and gave up in frustration
Your daily chart has cleared up my perspective !!!!!!

traderWgun

⋅ Nov 19, 2014 2:55 PM

Glad to hear that! :)

fxgraffiti

⋅ Nov 19, 2014 4:18 PM

Here's my count from the Septmber low. I've been thinking that we're looking at a potential zigzag.

traderWgun

⋅ Nov 21, 2014 3:59 PM

Hi, thanks for sharing. But with todays move it's starting to look like a flat correction wave B or 2

It could also be a triangle but that looks a bit more unlikely now.

Good luck!