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jojofang0901

EURAUD Time for Reversal

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Euro / Dolar Australia (OANDA:EURAUD)  
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OANDA:EURAUD   Euro / Dolar Australia
Chart Patterns Parallel Channel Flag priceaction structure pattern impulse correction Wedge
20
11
chartpattern parallelchannel flagpattern priceaction structure pattern impulse correction wedgepattern

Hello traders:

Looking at EURAUD now on the lower time frame to wait for bullish price action.

We see the latest price has fall into a potential reversal correction after a move down.

This is a good indication that the bearish move may not resume, and we can get some short term bullish move to come into the market.

Now the price has managed to break above the correction now, so lets wait for some continuation structure to develop and look for buy entry.

Thank you
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