EURAUD major swing trade
Currently at the end of its cycle too now start its bull run again after touching major support T/line as you can see on the time bars all bottoms to top of this ascending channel at 1097 days for last two swings so now for another leg up too 2.2000 area in 3 years time. Harmonic elements/pattern also suggesting a 1.618 projection along with the Fibonacci retrace ext intersecting the top resistance line with a price of 2.23881. The fib ext and channel top all lines up with the next time slot of 1095 days. So very bullish for me. Let me know what you think
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.