Short Term Buy Set up in the making on EURAUD chart...

28 Jan 2017

Hello Guys, There is a short term buy set up in the making on EURAUD chart. Stay Tuned for more updates. Happy Trading.

Neerav

28 Jan 2017

Nota

See 1 Hr Chart.. Did a nice staircase pattern and looks like chart is dying now... Reversal is on horizon now... Will wait and Watch if it breaks trendline or invalidates pattern ....

30 Jan 2017

Nota

Guys, Finally we are breaking structure and looks like it is holding above it. Making a flag now for upside. Buy the breakout of flag for upside. I will post more updates.

Neerav

30 Jan 2017

Nota

Sorry Guys, I don't know why it copies someone's else link in the comment. Here is correct screenshot of my analysis. Please refer above comment for how to trade this structure.

Neerav

30 Jan 2017

Nota

We did not get break of flag and It has returned it to level that was initially anticipated. Trade is still valid as long as it did not break low of previous impulse as indicated on chart.

Neerav