EURAUD - Buy setup almost ready

EURAUD is aprroaching the bottom of a HTF ascending channel structure in corrective approach while forming a Falling Wedge in the process. It’s signaling for a move back to the top of the channel. So far, it has give a really good momentum to the upside. I will now anticipating the price to form a corrective structure.

Any break from any bullish continuation pattern now will trigger my buy entry with sl below the corrective structure with target up to 1.68000
Lets see how will this pait play out.

Good Luck

Заявка отменена:

This pair never form any real continuation pattern, let alone breaking it. Now it looks like it wan to retest the double bottom area once again, or form a bigger structure. I will wait for it to develop further before taking any bias