EURAUD possible development

FX:EURAUD   Euro Fx/Australian Dollar
3642 14 170
The EURAUD             is in a corrective structure. It is now making an up move in the the structure, this could be the the start of the next up impulse or we might get one more down before the next impulse starts. I am in the buy and will be moving stop as it comes to the top of the structure.

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A triple three correction.., I love the simplicity in your analysis Anil. Enjoy reading your charts.., only important details and no non-sense..,
+1 Reply
anilmangal PRO VijaySanghishetty
Thanks , please remember to like them :)
+3 Reply
I am in this trade too but is it correct that i put my sl at 1.55000? I put it at one of my minor sr and lower incase there is a spike...
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what Vijay said :]
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In this one since the breakout... 4 to 1 if the ABC completes! Using trailing stops as well, thanks Anil
+3 Reply
anilmangal PRO skymtrader
Nice ! keep an eye on it, if it breaks out you might want to keep it.
+1 Reply
Nice 15 minute double bottom Benny was looking for:)
Hi Adriese,all trading room discussion in out chat room ONLY.
+1 Reply
Victor.Y.F PRO anilmangal
guess it's "our" but not "out".
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anilmangal PRO Victor.Y.F
Thanks :)
+1 Reply
Looks like a nice Bat pattern is forming as the Weekly S/R is getting broken. We have 2 dynamic zones to look out for as shaded in the chart.

Welcome any comments in the analysis
+1 Reply
Good call!
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EUR currently making its run...
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Euraud IMO it is forming an=cd pattern. In h1.
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