ChrisMark

$EUR vs $AUD 4H Chart. Don't miss the next rally|#EURAUD #aussie

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ChrisMark Atualizado   
FX:EURAUD   Euro / Dólar Australiano
Traders,
EURAUD is still in correction, ending soon, watch to buy the next rally.
-If price breaks down the level now (1.46260) possible target for a reversal is close to (1.44715) completing a ZigZag pattern, also where the Golden Ratio 61.8 FIb retracement of 1-3 impulse is.
-If price bounce from the level now (1.46260) watch for buy setups, Positive Divergence(+) also in place, a strong indication for an uptrend continuation.

Profit target is close to (1.56460) previous top, where the 61.8 extension ends.

Trade with discipline
Best


Comentário:
Price has bounced from 1.44715, looking for possible start of 5th (circle) impulsive wave, or a bigger corrective structure
Comentário:
Long the next wave, watch price action after completing
Comentário:
Check here the bigger picture,
you shouldn't miss the next impulsive move up.
Comentário:
Got the next leg up at 1.49800(+/-)
We don't know yet if that the end of correction.
Watch for possible 5 wave sequence, breaking previous high at 1.50747
Comentário:
New idea uploaded giving more emphasis on the corrective structure.
Comentário:
Still looking for one more leg down to complete the 4th wave correction

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