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EURAUD potential for expanded flat corrective pattern

Short
Euro / Australian Dollar (FX_IDC:EURAUD)  
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FX_IDC:EURAUD   Euro / Australian Dollar
Wave Analysis
4
0
waveanalysis
After strong impulsive up move by using wave analysis we can read the price action on the chart and from what we see we can conclude that A and B wave of A-B-C corrective expanded flat pattern is completed... Now, this is phase of C wave development and currently we are looking at possibility of regular flat correction before down continuation...



Short term short

Long term long
Comment:
Comment:
Small up move could indicate earlier completion of correction... Small pull back on 15 minute chart would be good opportunity for Long Entry...

snapshot
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Comment:
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