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finsIe
Oct 16, 2019 8:30 AM

EURAUD Expecting More Up Long

EUR/AUDOANDA

Description

Hello Traders,

We got rejected at the trend line but it wasn't a hard one. I am expecting possibly some consolidation in this zone before continuation up wards to 1.655 / 1.659 range which will complete our WXYXZ pattern.


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Good luck

Comment

Just a small downward consolidation that completed a slightly more complex B correction, still expecting more up.

Comment

wxyxz invalidated, it was just a simple 123 move that ended with a rejection on the trend line. Look for more sideways consolidation before thinking of selling.
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