EURAUD - Structure trade We have rejected this area on at least 8 times over the last couple of months.
Looking at 1.45875 as a target begin my weekly key level. Will be watching the 618 retracement area as a previous strong area of rejection.
Euruaud
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TOM
4h / 2618 // structure // harmonics // impulse // IF=THEN ®FX:EURAUD
1. Double top
2. broken neck
3. found support at 1.5353$
4. 61.8% retracement / that completes a 2618 setup / double top followed by a 61.8% retracement
5. Eventual wave 4 of 5 of a corrective move
6. Wave 5 ends with a cypher pattern at daily support
7. Wave 3 of 5 of an impulse with the default ratios / wave 3 = 161% ext of wave 1
8. ascending wedge, we have a structure, surf it, eventually
Safe trades
