It's been a month since EURAUD is in a corrective structure with price moving in a nice horizontal channel. Watching closely to the chart we can see that price needs a small sell off, to complete a triple three WXYXZ pattern. At that point we see a pending bullish gartley pattern which will trigger our long position for this pair.
As for profit targets the top of the channel should be our first one but i strongly believe that price will break the resistance of the channel and head north.
Like & comment..!
Good luck,
John.
As for profit targets the top of the channel should be our first one but i strongly believe that price will break the resistance of the channel and head north.
Like & comment..!
Good luck,
John.