way_ve

EURAUD Forecast

Short
way_ve Updated   
FX:EURAUD   Euro / Australian Dollar
After a 5wave structure to the upside I´m exspecting a bigger correction.
On the 4H chart we can the a nice WXY correction which is confirmed on the 1H chart.
The price made a nice Flag and I´m waiting for a small Flag on the M15 chart before I enter the Trade.
The Target for this trade will be 1.535 with round about 600 Pips

Please have a look at my other Forecasts as well.
Comment:
Trade active:
I put a Sellstop under the last low on the m15 correction

Trade active:
Comment:

Already 100Pips in Profit and adjusted the SL to breakeven
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