A Potential Expanding Triangle In The Making On EURAUD
At the moment I'm watching this pair like a hawk for a potential buy setup to ride the wave up to the complete the potential expanding triangle. The beauty about this trade is that this is the first I'm potentially going to identify an expanding triangle in real life trading.
However, I'm not 100% convinced this will be a triangle based on some other things I'm looking at. First price has to form a 1-2-3 waves in the "Wave e" in order to get the 3-3-3-3-3 structure of a triangle. Also, I'm looking at some other things which I can't explain here.
If you are trading this, use a strategy you have tested and verified.
6.1.8. Family.
More Than Just Trading.
However, I'm not 100% convinced this will be a triangle based on some other things I'm looking at. First price has to form a 1-2-3 waves in the "Wave e" in order to get the 3-3-3-3-3 structure of a triangle. Also, I'm looking at some other things which I can't explain here.
If you are trading this, use a strategy you have tested and verified.
6.1.8. Family.
More Than Just Trading.
