EURAUD CURRENCY PRICE MOVEMENT
*EURAUD*
Our channel is clear. We can see that wave has already finished. Like I said before, it was a complex Correction and it was. How did we know? The guideline of alternation. But anyway.
Let’s look at what we have. We have finished wave 4. Now we start on the wave 5. We have not broken structure of wave B of C of wave 4. We shall look to observe this on Monday. If structure breaks, we have begun wave 5 of the last pull up to complete wave C. This is a correction. From the Larger time frames.
How do we trade it? We will wait for an abc correction as I have highlighted then we ride on wave 3 of 5 to the area of supply.
If structure does not break, we shall then be looking at a double correction of zigzag flat of zigzag Triangle before wave 5 Continues. either way, we will wait for the structure to break and retrace. to see if wave 5 has started or its a double correction.
Let’s follow this air closely on Monday and Tuesday next week.
*Trading with Samuel*
Our channel is clear. We can see that wave has already finished. Like I said before, it was a complex Correction and it was. How did we know? The guideline of alternation. But anyway.
Let’s look at what we have. We have finished wave 4. Now we start on the wave 5. We have not broken structure of wave B of C of wave 4. We shall look to observe this on Monday. If structure breaks, we have begun wave 5 of the last pull up to complete wave C. This is a correction. From the Larger time frames.
How do we trade it? We will wait for an abc correction as I have highlighted then we ride on wave 3 of 5 to the area of supply.
If structure does not break, we shall then be looking at a double correction of zigzag flat of zigzag Triangle before wave 5 Continues. either way, we will wait for the structure to break and retrace. to see if wave 5 has started or its a double correction.
Let’s follow this air closely on Monday and Tuesday next week.
*Trading with Samuel*
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.