SteveNixon

Buy set up on Euro Aussie

Long
SteveNixon Updated   
FX:EURAUD   Euro / Australian Dollar
34
Look like it's going up for another wave.
Perfect buy set up currently presenting itself

Price has just broken out of a flag

Always wait for an entry set up before risking your money.

This is not investment advice - it is purely for educational and discussion purposes.
Your Ideas, comments and questions welcome

Good luck Steve
Comment:
Comment:
This has retraced back toward the channel bottom - it could break out but at the moment the structure looks long. Wait for a breakout either way before entering

Comment:
Looks like we've found the bottom and are now on the way back up.
I drew this chart yesterday and it look like a great buy set up now
Comment:
Still long on this - I've posted this snapshot here to show the evolution of an idea. I have been long for a week or so but price went down for one more wave. Now it seems to be long

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