EURAUD Double Scenario
D1 - Special cycle and big double cycle. First target reached, second target not reached yet. Correction happening now once it completes itself, we can look for sells.
H4 - Triple (or special cycle) completed itself. We may expect double wave up with price reaching 50% retrace of this triple cycle.
Bullish convergence, price moving inside bullish flag pattern. Once we get a breakout at top we can look for buys.
Sell Scenario:
If we get double wave up with bearish divergence then we can look for sells with the breakout of the most recent uptrend line.
H4 - Triple (or special cycle) completed itself. We may expect double wave up with price reaching 50% retrace of this triple cycle.
Bullish convergence, price moving inside bullish flag pattern. Once we get a breakout at top we can look for buys.
Sell Scenario:
If we get double wave up with bearish divergence then we can look for sells with the breakout of the most recent uptrend line.
Feragatname
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