VasilyTrader

falling wedge on euro australian

Panjang
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FX:EURAUD   Euro / Dolar Australia

hey traders,

after a massive selloff from 1.655 level of euro aud, it seems that the market has found support around 1.585 level.
the market contraction in falling wedge leaves us clues that the massive expansion is coming, however, we are not sure in which way.

I will be looking for a violation of a local resistance level to buy the market.

targets are based on structure.

your stop is below 1.58!
Komen:
still in sidemove
Komen:
bullish violation
Komen:
going up

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