EURAUD potential for expanded flat corrective pattern

Singkat

Euro / Dolar Australia (FX_IDC:EURAUD)

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FX_IDC:EURAUD Euro / Dolar Australia

After strong impulsive up move by using wave analysis we can read the price action on the chart and from what we see we can conclude that A and B wave of A-B-C corrective expanded flat pattern is completed... Now, this is phase of C wave development and currently we are looking at possibility of regular flat correction before down continuation...

Short term short

Long term long

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Small up move could indicate earlier completion of correction... Small pull back on 15 minute chart would be good opportunity for Long Entry...

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Penafian

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