Traders,
EURAUD has gone "too far too fast", so as for an Ending Diagonal to be in play with its fifth wave ending in a "throw over". Price broke the ii.- v. line with a sharp spike,
and started correcting, unfolding into a Zig-Zag labeled in minuette degree, a. - b. - c.
Looking for further drop, after price reach possible reversal zones at 1.57000(+/-) where fib-price ratios confluence pinpoint.
Trade with discipline
Best
EURAUD has gone "too far too fast", so as for an Ending Diagonal to be in play with its fifth wave ending in a "throw over". Price broke the ii.- v. line with a sharp spike,
and started correcting, unfolding into a Zig-Zag labeled in minuette degree, a. - b. - c.
Looking for further drop, after price reach possible reversal zones at 1.57000(+/-) where fib-price ratios confluence pinpoint.
Trade with discipline
Best
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Not ready for drop yet
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End of minuette degree third iii. wave ? Fib confluence in place
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Long opportunity
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Watch price action after the break of the high
