EURAUD Forecast

Updated
After a 5wave structure to the upside I´m exspecting a bigger correction.
On the 4H chart we can the a nice WXY correction which is confirmed on the 1H chart.
The price made a nice Flag and I´m waiting for a small Flag on the M15 chart before I enter the Trade.
The Target for this trade will be 1.535 with round about 600 Pips

Please have a look at my other Forecasts as well.
Comment
snapshot
Trade active
I put a Sellstop under the last low on the m15 correction

snapshot
Trade active
snapshot
Comment
snapshot

Already 100Pips in Profit and adjusted the SL to breakeven
Wave Analysis

Related publications

Disclaimer