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pkealoha76
Jun 29, 2019 1:51 AM

EURAUD-Correction  

Euro Fx/Australian DollarFXCM

Description

What a very technical impulse wave there! It just about followed every rule in the book! Well my friends, it was nice while it lasted... Correction time. I’m looking for a retracement to complete a wave B up to the HVN area of the volume profile which coincides nicely with the .236 Fib. Then looking to hopefully catch a sell trade down to the .50-.618 Fib Level of the overall motive wave or the POC area of the volume profile. There’s a lot of S/R levels there so I’ll set a TP there if I’m fortunate enough to catch the move. Aloha!
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