EURAUD is attempting to breakout. Adjust your stops accordingly once the trade is triggered. If the trend is broken, then wait to consolidate to look for buying opportunities, if they test at trendline and retraces for one more leg down, buy at the 61.8 fib. This is the beauty of waves.. Elliott rocks :)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.