EURAUD is setting up really nicely for a big 650pip move to complete subwave c of Wave B. We are currently in what appears to be a Flat correction = 335 breakdown.
Trade idea:
- Watch for price to come into the buy zone
- look for reversal signs and put your confirmations in such as BOS or trendline break
- enter once confirmed
- Targets: 1.68 (450pips), 1.7 (650pips)
Once we complete Wave B of the flat correction, we will be looking for a reversal and catch wave C, which will be another 900pip trade!
Goodluck and as always, trade safe!
See our previous setups below:
Trade idea:
- Watch for price to come into the buy zone
- look for reversal signs and put your confirmations in such as BOS or trendline break
- enter once confirmed
- Targets: 1.68 (450pips), 1.7 (650pips)
Once we complete Wave B of the flat correction, we will be looking for a reversal and catch wave C, which will be another 900pip trade!
Goodluck and as always, trade safe!
See our previous setups below:
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