FX:EURAUD   Euro / Australian Dollar
EA did make a long flat here as I was saying, broke out and made a 1 hr flag. It could potentially go up a lot. But you have to consider the probability of retracement and I personally will not be placing my stop under the low but be careful and I will only give it enough room for a wave 2 % retrace and will be manually trailing. It can potentially become a sell and extend down but as of now my analysis will have to be for a flat correction and continuation of 5 wave until something changes. Trading flats is risky, especially when they break the high like that because of the possibilities of what can happen, but I am EA buy again.

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