EURAUD possible short for 1.6500supply zone: 1.6690 & primary supply zone: 1.6740, stop loss: 1.6780, target: 1.65900
Euraudchart
[EURAUD W1 Aug 2021]EURAUD
Long Setup
Continuation trade:
👉🏻 Very similar concept to GOLD as posted here . We are in the most impulsive Wave-3 now and next target after breaking the 1.618 Fib Extension is, by theory will lead to 2.618 level of 1.64195. Overall price is also making series of HH and LH, press sell with this kind of structure??
EURAUD W2 Apr 2021EURAUD
Long Setup
Continuation trade:
Before:
Running:
1st target: 1.60000
👉🏻 Price broke out of a consolidating triangle pattern and is also forming a Wave-iii. This could be price very much higher.
[EURAUD W4 Mar 2021]EURAUD
Long Setup
This pair has a potential to rise another 90-100 pips to complete the first wave of the Elliot Wave Theory,
before dropping a 200 pips to form the major Wave-2.
After that is another potential rise to 1.59000-1.60000 area (~+500 pips) or higher for a 3rd impulsive wave
EURAUD W3 Jan 2021EURAUD
Long Setup
A shift of momentum could be seen to retest the broken structure
