EURAUD Long: Triangle Complete in Wave-((b))

12 באוק׳ 2016

Hey traders! I want to buy the ((c)) wave after this potentially completed sideways correction. I'll be looking for bullish impulses off of the bottom barrier as expected by a C wave. Tight stop is placed just below bullish pinbar, and TP set to A=C level. After target 1 is reached, stop will be moved to breakeven. I will exit, even in profit, if the trade looks to be undergoing further corrective structure as this will add uncertainty to the setup. Happy trading and more to come!