Hello everyone:
EURAUD ha finally finished its higher time frame descending channel correction, and is ready for the next move up.
We see price has already made a lower time frame bullish continuation correction, and pushed the price out of the HTF descending channel.
This is good indication that we are seeing a strong bullish reversal from the bottom, and we can expect the next impulsive phrase to start.
I already got in the buy, but certainly seeing more opportunities once price pushes up more.
Look for further LTF correction to scale in more buy opportunities.
Thank you
EURAUD ha finally finished its higher time frame descending channel correction, and is ready for the next move up.
We see price has already made a lower time frame bullish continuation correction, and pushed the price out of the HTF descending channel.
This is good indication that we are seeing a strong bullish reversal from the bottom, and we can expect the next impulsive phrase to start.
I already got in the buy, but certainly seeing more opportunities once price pushes up more.
Look for further LTF correction to scale in more buy opportunities.
Thank you
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