Initial correction is complete
Updated
We have now completed three waves in a corrective flat pattern of the late August highs,
and have now started a bullish movement.
We could see a correction that generates a bearish reaction:
a wave X followed by another zigzag to the downside:
Or the uptrend could resume to take out the late August highs.
For now, I´m long against 1.5390 and looking to move stops to break even
if we get above 1.5920
Stay tuned for more update regarding the EURAUD.
Disclaimer: traderwgun.com/?page_id=26
Twitter: twitter.com/atliveanner
Tradingview: tradingview.com/u/traderWgun/
Mail: traderwgun1gmail.com
Good luck!
and have now started a bullish movement.
We could see a correction that generates a bearish reaction:
a wave X followed by another zigzag to the downside:
Or the uptrend could resume to take out the late August highs.
For now, I´m long against 1.5390 and looking to move stops to break even
if we get above 1.5920
Stay tuned for more update regarding the EURAUD.
Disclaimer: traderwgun.com/?page_id=26
Twitter: twitter.com/atliveanner
Tradingview: tradingview.com/u/traderWgun/
Mail: traderwgun1gmail.com
Good luck!
Trade closed: stop reached
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