Tuesday, March 8, 2016

Elliott Wave Forex Trading - EURAUD Trade

I'm probably going to regret this but the setup is too appealing. The wave count suggests a sustained move higher and there is an inverse head shoulders bottom that may have formed. So I'm jumping back in long. Here is the trade:

Long now at 1.4800
Stop Loss at 1.4690
Profit Target at 1.4980

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