EURAUD : potential bearish
EURAUD (EA) has been continuing rally since 13 august 2012.
We are in the middle of (C) wave. Has wave (C) ended ? We can get the hint from the oscillator shown - A lower volume developed suggest weak momentum upward, or market its getting tired.
Our strategy : Sell below 1.7210, target @ 1.6311 - if price break 1.7210, more rally could happen.
Thank you.
We are in the middle of (C) wave. Has wave (C) ended ? We can get the hint from the oscillator shown - A lower volume developed suggest weak momentum upward, or market its getting tired.
Our strategy : Sell below 1.7210, target @ 1.6311 - if price break 1.7210, more rally could happen.
Thank you.
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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.
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.