EURAUD Long: Posible Triangle Breakout & EW Count

25 set 2016

Hey Traders! We have a potential completion of the sideways correction on EURAUD. That means we'll be looking for big gains on the long side unless the invalidation level is violated. If price drops below the invalidation level, I'll be expecting further bearish movement to complete ((E)). Otherwise, this pair could have legs throughout the next couple of weeks. Stay tuned. I like this trade soon after market open and I'll be posting if I take a position.